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INVESTimate
$823,000
List Price
$223,845
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2018
- Price/Sqft : $266.08
- 1 Days on Market
- MLS # : 6122540
- Updated Date : 08/25/2020 at 17:51
CONSTRUCTION
- Beds : 3
- Floor Size : 3,093 sqft
- Baths : 3 full , 1 half
Listing Agent
Russ Lyon Sotheby's International Realty
Listing Agent's Description
Wonderful entertaining home in a great location at the end of a cul de sac on an oversized lot. Shows like new (2018) with light grey and white finishes featuring quartz counter tops. The upgraded stainless steel appliances include a 6 burner gas stove with a custom cabinet hood and double ovens in a great room setting. This spotless home features upgraded fixtures and a farmhouse sink. Enjoy 12 foot ceilings and custom shutters throughout the home with tile flooring. No Carpet! All bedrooms ensuite plus a powder room for guests. One story, no steps. Bonus room! Professionally landscaped.
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PRICE & RENT TRENDS
Neighborhood: Treviso
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Treviso
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $3,600 |
EXPENSES | Loan Payment | -$3,037 |
Property Tax | -$422 | |
Property Insurance | -$87 | |
HOA | -$181 | |
Property Management Fees | -$99 | |
CASH FLOW
-$226
|
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.
$823,000
PROJECTED PRICE
$3,600
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 2.20% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$223,845
LOAN DETAILS
$3,037
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $205,750 |
Loan Amount | $617,250 |
4
YEARS SAVED
$36,558
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,600
LIST RENT -
$1.16
LIST RENT PER SQFT
-
$3,851
COMP ESTIMATED VALUE -
$1.24
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Russ Lyon Sotheby's International Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122540
Last Updated: 08/25/2020

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.