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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $257.19
- 2 Days on Market
- MLS # : 6206966
- Updated Date : 03/13/2021 at 16:51
CONSTRUCTION
- Beds : 2
- Floor Size : 1,808 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Desirable Durango model with beautiful courtyard curb appeal, on the golf course in Anthem Country Club. Open, light & bright floor-plan with great room. Ample kitchen cabinet & counter space, pantry, dining in the kitchen. Additional dining space at the breakfast bar. The great room has built-ins for your tv, display niches & drawer space. Master bedroom has great views to the back yard. Plenty of room for your king-sized bed, side tables & dressers. Full en-suite w/ private water closet, HIS & HER vanities & separate tub/shower. Walk in closet! Nice separation of extended second bedroom, w/full bath just around the corner. Den/office has built-ins plus a Murphy bed for your guests. Extended garage. Security system. FABULOUS backyard w/covered patio, BBQ and firepit plus VIEWS
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PRICE & RENT TRENDS
Neighborhood: Anthem Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Anthem Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,040 |
| EXPENSES | Loan Payment | -$1,615 |
| Property Tax | -$434 | |
| Property Insurance | -$62 | |
| HOA | -$135 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$305
|
||
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.
$465,000
PROJECTED PRICE
$2,040
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.0% |
| 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
$128,975
LOAN DETAILS
$1,615
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $116,250 |
| Loan Amount | $348,750 |
1.67
YEARS SAVED
$4,708
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,916
COMP ESTIMATED VALUE -
$1.06
COMP AVG. RENT PER SQFT
Comps Range
-
40810 N Noble Hawk Way Anthem, AZ 1
- 2 beds 2 baths ∙ 1,808 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,808 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $0
- $0.00
-
41333 N Belfair Way Anthem, AZ 2
- 2 beds 2 baths ∙ 1,616 Sqft ∙ Built 2002 2 beds 2 baths ∙ 1,616 Sqft ∙ Built 2002
LEASED 03/28/20- Rent
- Rent Per SQFT
- $1,750
- $1.08
-
42029 N Crooked Stick Road Anthem, AZ 3
- 2 beds 2 baths ∙ 2,064 Sqft ∙ Built 1999 2 beds 2 baths ∙ 2,064 Sqft ∙ Built 1999
LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,150
- $1.04
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6206966
Last Updated: 03/13/2021
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.
