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39920 N Vincenza Street San Tan Valley, AZ 85140

4 Beds 3 Baths 2,093 sqft Built 2003

$338,000

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

February 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $161.49
  • 3 Days on Market
  • MLS # : 6193440
  • Updated Date : 02/14/2021 at 00:19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,093 sqft
  • Baths : 2 full , 1 half
Listing Agent

Serene Living Az

Listing Agent's Description

This is a fantastic opportunity to own a gorgeous two-story property in Cambria Ocotillo! Step inside to discover a fabulous floor plan with high ceilings in the living area, neutral two-tone paint T/O, tons of natural light and a den/office downstairs. The immaculate kitchen is a chef's dream with staggered cabinets, high-end SS appliances, pantry, solid surface countertops, and a two-tier island. The master suite has a full bathroom with all the must-haves and walk-in closet. Three spacious secondary bedrooms upstairs and a convenient built-in desk. Large backyard with covered patio is ideal for hosting fun gatherings or just enjoying a weekend with your loved ones. True RV Gate with cement pad for your toys. 3 Car Tandem Garage for additional storage.

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
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
 

$304,200$371,800$338,000

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$1,174
Property Tax -$180
Property Insurance -$68
HOA -$50
Property Management Fees -$99
CASH FLOW
-$81

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.

$338,000

PROJECTED PRICE

$1,490

PROJECTED RENT

0.44%

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

PROJECTED ANNUAL CASH FLOW

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

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$95,320

INVESTMENT

$95,320

Down Payment
$84,500
Rehab Estimate
$5,750
Closing Costs
$5,070

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,174

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,500
Loan Amount $253,500
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$13,952

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,490

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $1,570

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,475
1$1,4752$1,4903$1,4954$1,5455$1,750
$1,750
RENT COMPS ANALYSIS
  • 39920 N Vincenza Street San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,093 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,093 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $0.71
    •  
  • 1730 E Maddison Circle San Tan Valley, AZ 1
    • 3 beds 3 baths ∙ 2,071 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,071 Sqft ∙ Built 2004
    LEASED 05/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.71
    •  
  • 1552 E Maddison Circle San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.72
    •  
  • 39405 N Marla Circle San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,037 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,037 Sqft ∙ Built 2005
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.76
    •  
  • 40331 N Parisi Place San Tan Valley, AZ 5
    • 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2003
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.81
    •  
PROPERTY LISTING DETAILS
Nicole Miraglia
Serene Living Az
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193440
Last Updated: 02/14/2021
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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