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PROPERTY INFO
FACTS
- Single Family
- Built In 2012
- Price/Sqft : $203.19
- 2 Days on Market
- MLS # : 6196093
- Updated Date : 02/20/2021 at 02:50
CONSTRUCTION
- Beds : 4
- Floor Size : 2,411 sqft
- Baths : 3 full
Listing Agent
Artisan Real Estate Group, Llc
Listing Agent's Description
IMMACULATE single person snowbird owned home home (barely lived in) features a huge Kitchen Island, Granite kitchen countertops, 42'' Maple Cabinets, SS Appliances, Plantation Shutters. Breakfast nook, formal dining and large Family Room. Avail Furnished!4 generously sized bedrooms (only bedrooms carpeted), 3 full baths, 3 car tandem garage; perfect for cars, storage, boats, trailers! Low maintenance landscaping on a nearly 1/4 acre N/S facing corner lot with room for a pool and still have plenty of landscaping. Extended paver patio, dog run, built-in BBQ, Covered Patio, Fire-pit & Mountain Views!Energy-efficient w/ Spray-Foam Insulation, Low E2 Vinyl Windows, 14 SEER HVAC & Solar tubes. Several parks nearby, easy freeway access, Anthem Outlet Malls and Anthem businesses. HURRY!
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PRICE & RENT TRENDS
Neighborhood: New River
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: New River
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,910 |
| EXPENSES | Loan Payment | -$1,702 |
| Property Tax | -$386 | |
| Property Insurance | -$74 | |
| HOA | -$93 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$443
|
||
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.
$489,900
PROJECTED PRICE
$1,910
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$135,574
LOAN DETAILS
$1,702
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $122,475 |
| Loan Amount | $367,425 |
1
YEARS SAVED
$2,045
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,910
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$2,073
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
3826 W Aracely Drive New River, AZ 2
- 4 beds 3 baths ∙ 2,411 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,411 Sqft ∙ Built 2012
- Rent
- Rent Per SQFT
- $1,910
- $0.79
-
43228 N Vista Hills Drive Anthem, AZ 1
- 4 beds 3 baths ∙ 2,168 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,168 Sqft ∙ Built 2005
LEASED 09/18/20- Rent
- Rent Per SQFT
- $1,750
- $0.81
-
3629 W Magellan Drive Anthem, AZ 3
- 4 beds 3 baths ∙ 2,347 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,347 Sqft ∙ Built 2002
LEASED 08/01/20- Rent
- Rent Per SQFT
- $2,000
- $0.85
-
4421 W Diburgo Drive Anthem, AZ 4
- 3 beds 2 baths ∙ 2,369 Sqft ∙ Built 2007 3 beds 2 baths ∙ 2,369 Sqft ∙ Built 2007
LEASED 10/01/20- Rent
- Rent Per SQFT
- $2,000
- $0.84
-
43311 N 44th Avenue Anthem, AZ 5
- 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 2005
LEASED 01/01/21- Rent
- Rent Per SQFT
- $2,400
- $0.94
PROPERTY LISTING DETAILS
Artisan Real Estate Group, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196093
Last Updated: 02/20/2021
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.
