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

3497 E Desert Moon Trail San Tan Valley, AZ 85143

4 Beds 3 Baths 2,486 sqft Built 2006

$339,900

List Price

$1,470

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 31, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $136.73
  • 1 Days on Market
  • MLS # : 6188001
  • Updated Date : 01/31/2021 at 01:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,486 sqft
  • Baths : 3 full
Listing Agent

Homesmart Lifestyles

Listing Agent's Description

Great opportunity to buy completely remodeled home in a nice neighborhood in growing San Tan Valley. This home has so many new features to allow your buyers to live worry free for years to come. The home boasts new wood plank tile, carpet, interior/exterior paint, appliances, faucets, lights, fans, hot water heater, hvac, baseboards, hardware. All done with the current modes waiting for a new owner. Your client won't be disappointed.

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
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,323$1,617$1,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,470
EXPENSES Loan Payment -$1,181
Property Tax -$179
Property Insurance -$76
HOA -$72
Property Management Fees -$99
CASH FLOW
-$137

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.

$339,900

PROJECTED PRICE

$1,470

PROJECTED RENT

0.43%

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$9,988

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,504

    COMP ESTIMATED VALUE
  • $0.61

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,1953$1,4454$1,4755$1,500
$1,500
RENT COMPS ANALYSIS
  • 3497 E Desert Moon Trail San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,486 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,486 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3131 E Silversmith Trail San Tan Valley, AZ 2
    • 3 beds 2 baths ∙ 2,199 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,199 Sqft ∙ Built 2005
    LEASED 09/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.54
    •  
  • 1844 E Omega Drive San Tan Valley, AZ 3
    • 3 beds 3 baths ∙ 2,301 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,301 Sqft ∙ Built 2005
    LEASED 11/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,445
    • $0.63
    •  
  • 1746 E Dust Devil Drive San Tan Valley, AZ 4
    • 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,433 Sqft ∙ Built 2003
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.61
    •  
  • 3275 E Cowboy Cove Trail San Tan Valley, AZ 5
    • 3 beds 2 baths ∙ 2,344 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,344 Sqft ∙ Built 2005
    LEASED 10/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.64
    •  
PROPERTY LISTING DETAILS
Kyle Carr
Homesmart Lifestyles
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188001
Last Updated: 01/31/2021
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