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37200 N Big Bend Road San Tan Valley, AZ 85140

5 Beds 3 Baths 2,923 sqft Built 2017

$400,000

List Price

$1,910

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $136.85
  • 3 Days on Market
  • MLS # : 6184293
  • Updated Date : 01/22/2021 at 18:13
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,923 sqft
  • Baths : 3 full
Listing Agent

Realty One Group

Listing Agent's Description

This home has it all! Upgraded, energy efficient & spacious! 5 Bedrooms, 3 bathrooms, +den, +a loft! Gorgeous kitchen offers espresso cabinets w/custom lighting, door hardware, stainless appliances, walk in pantry, oversized island & granite counters*Large living/dining room all open perfection for entertaining*1 Bedroom downstairs*Master suite offers a generous walk in closet, barn door, separate tub/shower, double sinks*4 Out of 5 bedrooms have walk in closets*Loft is great additional space for movie/play room*Covered patio overlooking the beautiful backyard featuring lush grass, stone fireplace, ramada, & view fence.

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
Ellsworth Elementary School Primary Regular 635 22 6
Ellsworth Elementary School Middle Regular 635 22 6
Combs High School High Regular 1,302 49 3

Ellsworth Elementary School

  • Education Level: Primary
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Ellsworth Elementary School

  • Education Level: Middle
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Combs High School

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

$360,000$440,000$400,000

PURCHASE PRICE

$1,719$2,101$1,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$1,389
Property Tax -$233
Property Insurance -$84
HOA -$71
Property Management Fees -$99
CASH FLOW
$33

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.

$400,000

PROJECTED PRICE

$1,910

PROJECTED RENT

0.48%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,750

INVESTMENT

$111,750

Down Payment
$100,000
Rehab Estimate
$5,750
Closing Costs
$6,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,389

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $100,000
Loan Amount $300,000
See What Happens When You Reinvest Cash Flow

5.83

YEARS SAVED

$26,363

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
  • $2,119

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9003$1,9954$2,3005$2,395
$2,395
RENT COMPS ANALYSIS
  • 37200 N Big Bend Road San Tan Valley, AZ 1
    • 5 beds 3 baths ∙ 2,923 Sqft ∙ Built 2017 5 beds 3 baths ∙ 2,923 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 586 E Baker Drive San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,768 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,768 Sqft ∙ Built 2006
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.69
    •  
  • 331 W Mammoth Cave Drive San Tan Valley, AZ 3
    • 5 beds 5 baths ∙ 3,131 Sqft ∙ Built 2019 5 beds 5 baths ∙ 3,131 Sqft ∙ Built 2019
    LEASED 03/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.64
    •  
  • 2320 W Chinook Drive San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,990 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,990 Sqft ∙ Built 2016
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.77
    •  
  • 342 W Pinnacle Ridge Drive San Tan Valley, AZ 5
    • 5 beds 3 baths ∙ 2,982 Sqft ∙ Built 2020 5 beds 3 baths ∙ 2,982 Sqft ∙ Built 2020
    LEASED 09/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.80
    •  
PROPERTY LISTING DETAILS
Angela Patten
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184293
Last Updated: 01/22/2021
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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