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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $166.81
- 6 Days on Market
- MLS # : 6175281
- Updated Date : 12/31/2020 at 16:02
CONSTRUCTION
- Beds : 3
- Floor Size : 2,338 sqft
- Baths : 2 full
Listing Agent
Home Centric Real Estate, Llc
Listing Agent's Description
Fantastic opportunity to own this beautiful home tucked into amenity rich Anthem with pools, water park, walking trails, tennis and pickle ball courts, community center and so much more. This gem features great curb appeal leading into the light and bright interior with a cozy fireplace in living, a fluid open floor plan, plush carpet and tile in all the right places. Kitchen boasts granite counter tops, a plethora of cabinet space and breakfast bar seating. Spacious master retreat includes private en suite with dual sinks, soaking tub and separate shower. Step out to your covered patio and enjoy the low maintenance back yard with mature shade trees. New carpet and fresh interior paint!
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PRICE & RENT TRENDS
Neighborhood: Anthem
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Anthem
* 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 | -$1,439 |
| Property Tax | -$343 | |
| Property Insurance | -$73 | |
| HOA | -$28 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$71
|
||
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.
$389,995
PROJECTED PRICE
$1,910
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.9% |
| 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
$109,099
LOAN DETAILS
$1,439
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $97,499 |
| Loan Amount | $292,496 |
4.33
YEARS SAVED
$18,989
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 -
$0.82
LIST RENT PER SQFT
-
$1,952
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
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39601 N Belfair Way Anthem, AZ 4
- 3 beds 2 baths ∙ 2,338 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,338 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $1,910
- $0.82
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2217 W Shackleton Drive Anthem, AZ 1
- 3 beds 2 baths ∙ 2,128 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,128 Sqft ∙ Built 2004
LEASED 09/23/19- Rent
- Rent Per SQFT
- $1,700
- $0.80
-
1707 W Twain Court Anthem, AZ 2
- 4 beds 3 baths ∙ 2,168 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,168 Sqft ∙ Built 2005
LEASED 06/23/20- Rent
- Rent Per SQFT
- $1,800
- $0.83
-
2106 W Hemingway Court Anthem, AZ 3
- 4 beds 3 baths ∙ 2,120 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,120 Sqft ∙ Built 2004
LEASED 09/28/19- Rent
- Rent Per SQFT
- $1,850
- $0.87
-
39524 N Belfair Way Anthem, AZ 5
- 4 beds 3 baths ∙ 2,663 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,663 Sqft ∙ Built 2004
LEASED 06/16/20- Rent
- Rent Per SQFT
- $2,250
- $0.84
PROPERTY LISTING DETAILS
Home Centric Real Estate, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6175281
Last Updated: 12/31/2020
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.
