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PROPERTY INFO
FACTS
- Single Family
- Built In 1971
- Price/Sqft : $124.11
- 2 Days on Market
- MLS # : 6170627
- Updated Date : 12/11/2020 at 21:12
CONSTRUCTION
- Beds : 3
- Floor Size : 1,369 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
This is the one you've been waiting for! Beautifully remodeled 3 bed 2 bath home with large den, inside laundry, RV Parking, large fenced lot and NO HOA. New AC Unit and Water heater. Remodel includes laminate floors, dual pane windows, kitchen cabinets and granite countertops, interior/exterior and a New Covered Porch. Master suite includes Custom Designed Closet fully remodeled bathroom with new vanity, tiled walk in shower and so much more! Schedule your showing today!
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PRICE & RENT TRENDS
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,060 |
| EXPENSES | Loan Payment | -$627 |
| Property Tax | -$107 | |
| Property Insurance | -$54 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$174
|
||
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.
$169,900
PROJECTED PRICE
$1,060
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 7.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$50,774
LOAN DETAILS
$627
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $42,475 |
| Loan Amount | $127,425 |
10.67
YEARS SAVED
$31,303
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
-
$1,136
COMP ESTIMATED VALUE -
$0.83
COMP AVG. RENT PER SQFT
Comps Range
-
373 W Bealey Avenue Coolidge, AZ 1
- 3 beds 2 baths ∙ 1,369 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,369 Sqft ∙ Built 1971
- Rent
- Rent Per SQFT
- $0
- $0.00
-
238 W Walton Avenue Coolidge, AZ 2
- 3 beds 1 baths ∙ 1,081 Sqft ∙ Built 1952 3 beds 1 baths ∙ 1,081 Sqft ∙ Built 1952
LEASED 09/27/19- Rent
- Rent Per SQFT
- $870
- $0.80
-
330 W Byrd Avenue Coolidge, AZ 3
- 3 beds 2 baths ∙ 1,040 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,040 Sqft ∙ Built 1966
LEASED 03/01/20- Rent
- Rent Per SQFT
- $895
- $0.86
-
420 W Elm Avenue Coolidge, AZ 4
- 4 beds 2 baths ∙ 1,448 Sqft ∙ Built 1982 4 beds 2 baths ∙ 1,448 Sqft ∙ Built 1982
LEASED 11/18/20- Rent
- Rent Per SQFT
- $1,095
- $0.76
-
1216 N Mesquite Lane Coolidge, AZ 5
- 4 beds 2 baths ∙ 1,557 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,557 Sqft ∙ Built 1971
LEASED 09/13/20- Rent
- Rent Per SQFT
- $1,400
- $0.90
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170627
Last Updated: 12/11/2020
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.
