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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $240.96
- 2 Days on Market
- MLS # : 6160628
- Updated Date : 11/14/2020 at 14:35
CONSTRUCTION
- Beds : 4
- Floor Size : 2,888 sqft
- Baths : 2 full , 1 half
Listing Agent
Superlative Realty
Listing Agent's Description
Lovely Tuscan style single level home on corner lot of cul-de-sac. Private courtyard entry leads to bright, spacious great room . Beautiful gourmet kitchen with 6 burner gas cooktop, new accent tile backsplash, large island with breakfast bar and plenty of storage in 42 inch premium cabinets. Enjoy the mountain and poolside view from the eat in kitchen nook. Split floor plan allows for private master suite with gas fireplace, abundant windows with mountain view, and direct access to back yard and HEATED lap pool. Extra large 4th bedroom great for guests or growing family. Home interior freshly painted, recently updated luxury vinyl plank flooring in bedrooms and dining room and new recessed LED lighting throughout entire home! New 5 ton 14 SEER heat pump just installed. See this gem today
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PRICE & RENT TRENDS
Neighborhood: Las Sendas
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Las Sendas
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,840 |
| EXPENSES | Loan Payment | -$2,568 |
| Property Tax | -$402 | |
| Property Insurance | -$83 | |
| HOA | -$365 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$677
|
||
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.
$695,900
PROJECTED PRICE
$2,840
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$190,164
LOAN DETAILS
$2,568
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $173,975 |
| Loan Amount | $521,925 |
0.83
YEARS SAVED
$2,892
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,840
LIST RENT -
$0.98
LIST RENT PER SQFT
-
$2,888
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
3651 N Sagewood Circle Mesa, AZ 4
- 4 beds 3 baths ∙ 2,888 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,888 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $2,840
- $0.98
-
3060 N Ridgecrest -- #76 Mesa, AZ 1
- 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 1997 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 1997
LEASED 07/31/20- Rent
- Rent Per SQFT
- $2,450
- $0.90
-
3630 N Canyon Wash Circle Mesa, AZ 2
- 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2000
LEASED 07/03/20- Rent
- Rent Per SQFT
- $2,750
- $1.01
-
7643 E Torrey Point Circle Mesa, AZ 3
- 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2002 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2002
LEASED 07/26/19- Rent
- Rent Per SQFT
- $2,800
- $1.02
-
3643 N Eagle Canyon -- Mesa, AZ 5
- 4 beds 3 baths ∙ 2,757 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,757 Sqft ∙ Built 1998
LEASED 11/22/19- Rent
- Rent Per SQFT
- $2,950
- $1.07
PROPERTY LISTING DETAILS
Superlative Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160628
Last Updated: 11/14/2020
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.
