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3560 W Allens Peak Drive San Tan Valley, AZ 85142

4 Beds 3 Baths 3,291 sqft Built 2004

INVESTimate

$389,900

List Price

$1,720

$1,548 - $1,892

Rent Est.

$415,945  ( +6.68%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 2004
  • Price/Sqft : $118.47
  • 6 Days on Market
  • MLS # : 6120460
  • Updated Date : 08/25/2020 at 19:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,291 sqft
  • Baths : 2 full , 1 half
Listing Agent

Darcam Real Estate Investments

Listing Agent's Description

WOW! This home has EVERYTHING! 4 large bedrooms including a HUGE master, plus a large office/den downstairs, separate living room/family room, large open Tuscan style kitchen with oversized island and tons of cabinets. Brand new carpet and tile that is about a year old. Did I mention the 3 car garage?? Step outside to your tropical oasis in the backyard! Gorgeous pool with waterfalls, brand new cool decking, lush green grass, full length covered patio with fan, playhouse/shed. This is a huge oversized lot!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9801981

* 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
San Tan Heights Elementary School Primary Regular 583 33 2
Mountain Vista Middle School Middle Regular 331 16 1
San Tan Foothills High School High Regular 521 27 2

San Tan Heights Elementary School

  • Education Level: Primary
  • # of students: 583
  • # of teachers: 33
2
GreatSchools Rating

Mountain Vista Middle School

  • Education Level: Middle
  • # of students: 331
  • # of teachers: 16
1
GreatSchools Rating

San Tan Foothills High School

  • Education Level: High
  • # of students: 521
  • # of teachers: 27
2
GreatSchools Rating
 

$350,910$428,890$389,900

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,720
EXPENSES Loan Payment -$1,439
Property Tax -$208
Property Insurance -$91
HOA -$75
Property Management Fees -$99
CASH FLOW
-$192

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$389,900

PROJECTED PRICE

$1,720

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.68%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$109,074

INVESTMENT

$109,074

Down Payment
$97,475
Rehab Estimate
$5,750
Closing Costs
$5,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,439

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $97,475
Loan Amount $292,425
See What Happens When You Reinvest Cash Flow

3

YEARS SAVED

$11,021

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,720

    LIST RENT
  • $0.52

    LIST RENT PER SQFT
  • $1,744

    COMP ESTIMATED VALUE
  • $0.53

    COMP AVG. RENT PER SQFT
Comps Range
$1,499
1$1,4992$1,6453$1,6954$1,7205$1,795
$1,795
RENT COMPS ANALYSIS
  • 3560 W Allens Peak Drive San Tan Valley, 4
    • 4 beds 3 baths ∙ 3,291 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,291 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,720
    • $0.52
    •  
  • 33206 N Cherry Creek Road San Tan Valley, 1
    • 4 beds 3 baths ∙ 2,944 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,944 Sqft ∙ Built 2004
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.51
    •  
  • 1740 W Vineyard Plains Drive Queen Creek, 2
    • 4 beds 3 baths ∙ 3,137 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,137 Sqft ∙ Built 2006
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,645
    • $0.52
    •  
  • 3495 W Belle Avenue Queen Creek, 3
    • 4 beds 3 baths ∙ 3,190 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,190 Sqft ∙ Built 2005
    LEASED 11/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.53
    •  
  • 2897 W Mineral Butte Drive Queen Creek, 5
    • 5 beds 3 baths ∙ 3,190 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,190 Sqft ∙ Built 2003
    LEASED 08/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.56
    •  
PROPERTY LISTING DETAILS
Dawn Lynette Marthini
Darcam Real Estate Investments
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120460
Last Updated: 08/25/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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