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37947 N Dena Drive San Tan Valley, AZ 85140

4 Beds 3 Baths 1,990 sqft Built 2007

$280,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $140.70
  • 3 Days on Market
  • MLS # : 6178752
  • Updated Date : 01/09/2021 at 22:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,990 sqft
  • Baths : 2 full , 1 half
Listing Agent

Cms Properties & Real Estate Llc

Listing Agent's Description

You'll love this 4 bedroom, 2.5 bath home in Pecan Creek South! Inside, the first floor offers all vinyl plank flooring and a great layout with a kitchen open to the family room for easy entertaining. There's also a powder room and oversized laundry on this level. Upstairs you'll find a large loft plus 3 guest bedrooms and guest bath. The primary bedroom is a true retreat with large ensuite bathroom with roman tub and ample master closet. The backyard is huge and ready for your imagination! No neighbors behind! All this plus new paint, newer carpet, newer water heater and newer garage door opener. Hurry to view today before it's gone!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pecan Creek

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Pecan Creek

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
 

$252,000$308,000$280,000

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$973
Property Tax -$163
Property Insurance -$66
HOA -$17
Property Management Fees -$99
CASH FLOW
$202

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.

$280,000

PROJECTED PRICE

$1,520

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.9%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$973

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

9.42

YEARS SAVED

$36,524

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
  • $1,512

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4753$1,5754$1,5955$1,695
$1,695
RENT COMPS ANALYSIS
  • 37947 N Dena Drive San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 1,990 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,990 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1310 E Kelsi Avenue San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 1,990 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,990 Sqft ∙ Built 2007
    property image
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.74
    •  
  • 1788 E Jeanne Lane San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2007
    property image
    LEASED 01/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.72
    •  
  • 1731 E Melanie Street Queen Creek, AZ 4
    • 4 beds 3 baths ∙ 2,065 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,065 Sqft ∙ Built 2007
    property image
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.77
    •  
  • 1025 E Kelsi Avenue San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,095 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,095 Sqft ∙ Built 2008
    property image
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.81
    •  
PROPERTY LISTING DETAILS
Christine Schroedel
Cms Properties & Real Estate Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178752
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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