Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

37384 N Big Bend Road San Tan Valley, AZ 85140

5 Beds 3 Baths 3,390 sqft Built 2016

$435,000

List Price

$1,960

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

November 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $128.32
  • 4 Days on Market
  • MLS # : 6164017
  • Updated Date : 11/26/2020 at 02:15
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,390 sqft
  • Baths : 3 full
Listing Agent

Homesmart

Listing Agent's Description

Perfect 5 bedroom 3 bath home available in the Parks. Premium lot that is situated in low traffic portion of neighborhood. Everything about this home is functional, spacious, well thought out. Entry is welcoming and flows into upgraded kitchen with espresso cabinets, granite counter tops and subway tiled backsplash. Nice sized pantry and large kitchen island. Gorgeous wood tile throughout. Five very large rooms with walk in closets! Full open kids ''loft'', or tv/game room or whatever you want it to be centered in upstairs. One full bedroom and bathroom downstairs for guests. This home is perfect for entertaining! Backyard has artificial grass and view fencing that opens to wide open area and beautiful sunsets! Highly desired area - located across the street from American Leader

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
 

$391,500$478,500$435,000

PURCHASE PRICE

$1,764$2,156$1,960

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,960
EXPENSES Loan Payment -$1,605
Property Tax -$254
Property Insurance -$93
HOA -$71
Property Management Fees -$99
CASH FLOW
-$162

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.

$435,000

PROJECTED PRICE

$1,960

PROJECTED RENT

0.45%

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-$5.0k$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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$121,025

INVESTMENT

$121,025

Down Payment
$108,750
Rehab Estimate
$5,750
Closing Costs
$6,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,605

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $108,750
Loan Amount $326,250
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$17,212

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,960

    LIST RENT
  • $0.58

    LIST RENT PER SQFT
  • $2,023

    COMP ESTIMATED VALUE
  • $0.6

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,7993$1,9604$1,995
$1,995
RENT COMPS ANALYSIS
  • 37384 N Big Bend Road San Tan Valley, AZ 3
    • 5 beds 3 baths ∙ 3,390 Sqft ∙ Built 2016 5 beds 3 baths ∙ 3,390 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,960
    • $0.58
    •  
  • 38245 N Carolina Avenue San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006
    LEASED 12/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.56
    •  
  • 38213 N Carolina Avenue San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.59
    •  
  • 331 W Mammoth Cave Drive San Tan Valley, AZ 4
    • 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
    •  
PROPERTY LISTING DETAILS
Nena F Tignini
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6164017
Last Updated: 11/26/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy