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37162 N Big Bend Road San Tan Valley, AZ 85140

4 Beds 3 Baths 2,301 sqft Built 2017

$485,900

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

February 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $211.17
  • 5 Days on Market
  • MLS # : 6192177
  • Updated Date : 02/10/2021 at 13:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,301 sqft
  • Baths : 3 full
Listing Agent

Eden Realty Arizona

Listing Agent's Description

Beautifully upgraded single level 4 bedroom 3 full bath home with private pool and oasis Zen garden. Open split floor plan. Modern Kitchen includes gas stove, gorgeous upgraded cabinets, huge walk-in pantry, oversized granite island, stainless Samsung appliances, custom backsplash & open view to the family room, dining room and outdoor patio. Outdoor patio/back yard includes private pool, full outdoor kitchen, covered gazebo and Zen gardens. Enjoy your morning coffee while relaxing.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
J. O. Combs Middle School Middle Regular 698 27 4
Combs High School High Regular 1,302 49 3

J. O. Combs Middle School

  • Education Level: Middle
  • # of students: 698
  • # of teachers: 27
4
GreatSchools Rating

Combs High School

  • Education Level: High
  • # of students: 1,302
  • # of teachers: 49
3
GreatSchools Rating
 

$437,310$534,490$485,900

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,688
Property Tax -$284
Property Insurance -$72
HOA -$71
Property Management Fees -$99
CASH FLOW
-$573

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.

$485,900

PROJECTED PRICE

$1,640

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.7%
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$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$134,514

INVESTMENT

$134,514

Down Payment
$121,475
Rehab Estimate
$5,750
Closing Costs
$7,289

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,688

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $121,475
Loan Amount $364,425
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$537

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,835

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,8804$1,8995$1,900
$1,900
RENT COMPS ANALYSIS
  • 37162 N Big Bend Road San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,301 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,301 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 373 E Daniella Drive San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2006
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.73
    •  
  • 333 W Pelipa Drive San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,309 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,309 Sqft ∙ Built 2020
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,880
    • $0.81
    •  
  • 610 W Belmont Red Trail San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,289 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,289 Sqft ∙ Built 2018
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,899
    • $0.83
    •  
  • 300 W Pelipa Drive San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 2019
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.82
    •  
PROPERTY LISTING DETAILS
Frank M Gonzalez
Eden Realty Arizona
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6192177
Last Updated: 02/10/2021
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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