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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $177.73
- 2 Days on Market
- MLS # : 6263303
- Updated Date : 07/12/2021 at 16:57
CONSTRUCTION
- Beds : 4
- Floor Size : 2,110 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Perfectly located on a cul-de-sac lot with green belt beyond the back yard for extra privacy! Extended drive way, mature trees, and large grass front and back yard, this home has some great features that include large quartz counter top Kitchen Island, stainless steal appliances, deep ceramic sink, all down stairs flooring is diagonal ceramic tile and upstairs has new carpet. 1/2 bath downstairs, fresh interior paint, Large Master bedroom with vaulted ceiling, New window blinds through out, Smart Home security system leased, available if wanted. (See Private Remarks)
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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 | $1,570 |
EXPENSES | Loan Payment | -$1,303 |
Property Tax | -$198 | |
Property Insurance | -$68 | |
HOA | -$50 | |
Property Management Fees | -$99 | |
CASH FLOW
-$148
|
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.
$375,000
PROJECTED PRICE
$1,570
PROJECTED RENT
0.42%
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
$105,125
LOAN DETAILS
$1,303
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $93,750 |
Loan Amount | $281,250 |
3.5
YEARS SAVED
$11,543
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,570
LIST RENT -
$0.74
LIST RENT PER SQFT
-
$1,677
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6263303
Last Updated: 07/12/2021

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.