Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

34841 N Karan Swiss Circle San Tan Valley, AZ 85143

4 Beds 3 Baths 2,110 sqft Built 2004

$329,000

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $155.92
  • 1 Days on Market
  • MLS # : 6203845
  • Updated Date : 03/07/2021 at 05:25
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,110 sqft
  • Baths : 2 full , 1 half
Listing Agent

K & R Realty, Llc

Listing Agent's Description

Beautiful upgraded home ready for move in! Gorgeous quartz counters in kitchen and bathrooms and new paint inside the entire home. Kitchen has a nice sized island with space for bar stools. White cabinets and stainless steel appliances finish off the clean look. This home boasts vaulted ceilings, a large formal living, dining room, and family room. Upgraded lighting chandeliers, tile in all the right places, upgraded carpet, cute half bath downstairs, and 4 bedrooms upstairs give this home everything on your buying list! Master suite has vaulted ceilings, double sinks, separate shower and tub, and a massive walk in closet with extra shelves. Huge backyard and no one behind gives the privacy you are looking for. Great location near shopping and easy commuting.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Poston Butte High School High Regular 1,801 79 4

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$296,100$361,900$329,000

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$1,143
Property Tax -$174
Property Insurance -$68
HOA -$50
Property Management Fees -$99
CASH FLOW
$126

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$329,000

PROJECTED PRICE

$1,660

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$92,935

INVESTMENT

$92,935

Down Payment
$82,250
Rehab Estimate
$5,750
Closing Costs
$4,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,143

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,250
Loan Amount $246,750
See What Happens When You Reinvest Cash Flow

7.58

YEARS SAVED

$31,489

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,660

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,646

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6003$1,6494$1,6605$1,699
$1,699
RENT COMPS ANALYSIS
  • 34841 N Karan Swiss Circle San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $0.79
    •  
  • 76 W Holstein Trail San Tan Valley, AZ 1
    • 4 beds 2 baths ∙ 2,110 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,110 Sqft ∙ Built 2004
    property image
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.76
    •  
  • 987 W Deoni Trail San Tan Valley, AZ 2
    • 3 beds 2 baths ∙ 2,025 Sqft ∙ Built 2012 3 beds 2 baths ∙ 2,025 Sqft ∙ Built 2012
    property image
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.79
    •  
  • 396 W Corriente Court San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,184 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,184 Sqft ∙ Built 2005
    property image
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.76
    •  
  • 135 W Dexter Way San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 2004
    property image
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,699
    • $0.81
    •  
PROPERTY LISTING DETAILS
Becky Donaldson
K & R Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203845
Last Updated: 03/07/2021
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy