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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $130.17
- 2 Days on Market
- MLS # : 6187670
- Updated Date : 01/30/2021 at 08:15
CONSTRUCTION
- Beds : 4
- Floor Size : 2,420 sqft
- Baths : 3 full
Listing Agent
Ah Properties
Listing Agent's Description
Professional Photos 02/02/2021. Newly Remodeled Spacious 4 Bedroom Home in Desirable Circle Cross Ranch, New Flooring, New Paint, Upgraded Appliances, Faux Granite Countertops, Upgrade Flooring, Large Formal Living Room, Formal Dining, Spacious Family Room, Open Kitchen with Large Kitchen Island, Bedroom Downstairs with Full Bath, Vaulted Ceilings, All Appliances, Split & Spacious Master Suite, Full Master Bath, Double Sinks, Private Toilet, Spacious Walk In Closet, Long Overlook, 3 Bedrooms Up, Well Maintained, Dual A/C Units, Programmable Thermostats, Large Back Yard, Desert Landscaping with Low Maintenance & Water Usage, 2 Car Garage, Close to Schools, Shopping, Restaurants, Parks, San Tan Flats, The Olive Mill, Golf......
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PRICE & RENT TRENDS
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,530 |
| EXPENSES | Loan Payment | -$1,094 |
| Property Tax | -$166 | |
| Property Insurance | -$74 | |
| HOA | -$50 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$46
|
||
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.
$315,000
PROJECTED PRICE
$1,530
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$89,225
LOAN DETAILS
$1,094
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $78,750 |
| Loan Amount | $236,250 |
6.33
YEARS SAVED
$22,886
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,530
LIST RENT -
$0.63
LIST RENT PER SQFT
-
$1,640
COMP ESTIMATED VALUE -
$0.68
COMP AVG. RENT PER SQFT
Comps Range
-
35003 N Mashona Trail San Tan Valley, AZ 1
- 4 beds 3 baths ∙ 2,420 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,420 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $1,530
- $0.63
-
34543 N Mirandesa Drive San Tan Valley, AZ 2
- 4 beds 3 baths ∙ 2,587 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,587 Sqft ∙ Built 2012
LEASED 03/06/20- Rent
- Rent Per SQFT
- $1,575
- $0.61
-
33507 N Slate Creek Drive San Tan Valley, AZ 3
- 4 beds 3 baths ∙ 2,442 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,442 Sqft ∙ Built 2006
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,650
- $0.68
-
34994 N Barzona Trail San Tan Valley, AZ 4
- 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005
LEASED 12/11/20- Rent
- Rent Per SQFT
- $1,695
- $0.70
-
699 W Fruit Tree Lane San Tan Valley, AZ 5
- 4 beds 3 baths ∙ 2,442 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,442 Sqft ∙ Built 2006
LEASED 01/26/21- Rent
- Rent Per SQFT
- $1,750
- $0.72
PROPERTY LISTING DETAILS
Ah Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187670
Last Updated: 01/30/2021
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.
