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3552 N Excalibur Place Casa Grande, AZ 85122

5 Beds 3 Baths 2,837 sqft Built 2005

$379,000

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $133.59
  • 2 Days on Market
  • MLS # : 6203673
  • Updated Date : 03/06/2021 at 22:49
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,837 sqft
  • Baths : 3 full
Listing Agent

Realty Executives

Listing Agent's Description

AVALON BEAUTY! Gorgeous 5 bedroom with 3 full baths,& ,POOL on one of the largest lots in Avalon! Full bedroom & bath downstairs. Beautifully renovated custom kitchen. Chefs delight. Spacious cabinets & drawers with soft close. Deep drawers that contain additional pull out drawers for even more storage. Huge matching pantry with organizational dividers. Counterspace is 18 1/2 inches tall fits all large appliances & 14 inch deep cabinets above. Granite countertops & glass tile backsplash complete the look. But wait there's more. Grand kitchen island (57'' x 102'') Rich stained redwood plank countertop. This island has even more storage & a breakfast bar. This is a great gathering place for any occasion. The spacious master bedroom has a huge sitting room & exit to the full length balcony!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Avalon

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $104k290k

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

Neighborhood: Avalon

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8901567

* 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
Mccartney Ranch Elementary School Primary Regular 714 32 6
Villago Middle School Middle Regular 875 39 6
Casa Grande Union High School High Regular 1,731 69 2

Mccartney Ranch Elementary School

  • Education Level: Primary
  • # of students: 714
  • # of teachers: 32
6
GreatSchools Rating

Villago Middle School

  • Education Level: Middle
  • # of students: 875
  • # of teachers: 39
6
GreatSchools Rating

Casa Grande Union High School

  • Education Level: High
  • # of students: 1,731
  • # of teachers: 69
2
GreatSchools Rating
 

$341,100$416,900$379,000

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$1,316
Property Tax -$269
Property Insurance -$82
HOA -$65
Property Management Fees -$99
CASH FLOW
-$412

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.

$379,000

PROJECTED PRICE

$1,420

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.9%
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-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

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$106,185

INVESTMENT

$106,185

Down Payment
$94,750
Rehab Estimate
$5,750
Closing Costs
$5,685

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,316

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $94,750
Loan Amount $284,250
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$750

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $0.5

    LIST RENT PER SQFT
  • $1,579

    COMP ESTIMATED VALUE
  • $0.56

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,4203$1,5004$2,100
$2,100
RENT COMPS ANALYSIS
  • 3552 N Excalibur Place Casa Grande, AZ 2
    • 5 beds 3 baths ∙ 2,837 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,837 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $0.50
    •  
  • 3515 N Excalibur Place Casa Grande, AZ 1
    • 4 beds 2 baths ∙ 2,724 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,724 Sqft ∙ Built 2004
    LEASED 11/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.48
    •  
  • 1218 W Chimes Tower Drive Casa Grande, AZ 3
    • 4 beds 2 baths ∙ 2,888 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,888 Sqft ∙ Built 2005
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.52
    •  
  • 655 W Rattlesnake Place Casa Grande, AZ 4
    • 4 beds 3 baths ∙ 3,151 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,151 Sqft ∙ Built 2003
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.67
    •  
PROPERTY LISTING DETAILS
Doria Garza
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203673
Last Updated: 03/06/2021
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.

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