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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
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
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Avalon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$106,185
LOAN DETAILS
$1,316
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $94,750 |
| Loan Amount | $284,250 |
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
-
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
Realty Executives
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203673
Last Updated: 03/06/2021
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.
