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38417 N Dawn Court San Tan Valley, AZ 85140

4 Beds 2 Baths 2,151 sqft Built 2009

$329,900

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $153.37
  • 4 Days on Market
  • MLS # : 6195723
  • Updated Date : 02/19/2021 at 02:24
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,151 sqft
  • Baths : 2 full
Listing Agent

Keys To Your Dreams Realty

Listing Agent's Description

Welcome Home! This well maintained 4 Bed 2 Bath home in the heart of Pecan Creek South does not disappoint! The premium lot makes for a driveway capable of parking 4 vehicles! Before entering, you will be greeted with a covered porch area perfect for morning coffee, and a chandelier hanging from the foyer with a soaring ceiling. Stunning vaulted ceilings throughout this home paired with wide hallways, large living room/formal dining and large eat in kitchen with built in kitchen office flows well with the large great room which makes for an amazing open feel everywhere! The premium lot exceeds 9000sq/ft and currently features an RV gate, Large cement pad extended well past the covered patio, free form grass landscaping, separate fenced area, and plenty of space for more!

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
J. O. Combs Middle School Middle Regular 698 27 4
Combs High School High Regular 1,302 49 3

J. O. Combs Middle School

  • Education Level: Middle
  • # of students: 698
  • # of teachers: 27
4
GreatSchools Rating

Combs High School

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

$296,910$362,890$329,900

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$1,146
Property Tax -$192
Property Insurance -$69
HOA -$17
Property Management Fees -$99
CASH FLOW
$77

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.

$329,900

PROJECTED PRICE

$1,600

PROJECTED RENT

0.48%

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$1.2M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,174

INVESTMENT

$93,174

Down Payment
$82,475
Rehab Estimate
$5,750
Closing Costs
$4,949

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,146

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,475
Loan Amount $247,425
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$26,940

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,600

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,603

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5503$1,5954$1,6005$1,695
$1,695
RENT COMPS ANALYSIS
  • 38417 N Dawn Court San Tan Valley, AZ 4
    • 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2009 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.74
    •  
  • 1413 E Kelsi Avenue San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 2007
    LEASED 11/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.68
    •  
  • 1277 E Nancy Avenue San Tan Valley, AZ 2
    • 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2008 4 beds 2 baths ∙ 2,151 Sqft ∙ Built 2008
    LEASED 02/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.72
    •  
  • 1731 E Melanie Street Queen Creek, AZ 3
    • 4 beds 3 baths ∙ 2,065 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,065 Sqft ∙ Built 2007
    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
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.81
    •  
PROPERTY LISTING DETAILS
Michael E Rojales
Keys To Your Dreams Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6195723
Last Updated: 02/19/2021
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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