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PROPERTY INFO
FACTS
- Single Family
- Built In 2019
- Price/Sqft : $167.14
- 2 Days on Market
- MLS # : 6170730
- Updated Date : 12/12/2020 at 17:02
CONSTRUCTION
- Beds : 4
- Floor Size : 2,273 sqft
- Baths : 3 full
Listing Agent
Homesmart
Listing Agent's Description
Like a Model Home! Lovely Furnishings! This home is located within the highly desirable Sunset Farms community and is set within an exciting master plan that offers an unrivaled living experience with an array of family-oriented amenities. This Sage Model will inspire you to entertain with a living area that's Open and Bright and brings together the main spaces of the home. Additionally,off of the Grand Entryway is a generously sized living area that can easily be transformed into a Media Room, Game Room or Office Space for those working at home! Find endless ways to fill your days with tot lots, play structures, BBQ's Picnic tables, and multi-use trails that are interwoven throughout the community. Take a Tour Today! You will LOVE This Home! Welcome Home!
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PRICE & RENT TRENDS
Neighborhood: Sunset Farms
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sunset Farms
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,770 |
| EXPENSES | Loan Payment | -$1,402 |
| Property Tax | -$246 | |
| Property Insurance | -$71 | |
| HOA | -$78 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$126
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$379,900
PROJECTED PRICE
$1,770
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 8.1% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.24% |
| 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
$102,674
LOAN DETAILS
$1,402
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $94,975 |
| Loan Amount | $284,925 |
3.92
YEARS SAVED
$16,065
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
-
$1,642
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 10/01/20- Rent
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- $1,595
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- 4 beds 3 baths ∙ 2,162 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,162 Sqft ∙ Built 2004
LEASED 06/02/20- Rent
- Rent Per SQFT
- $1,600
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10012 W Marguerite Avenue Tolleson, AZ 5
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LEASED 07/31/20- Rent
- Rent Per SQFT
- $1,649
- $0.76
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170730
Last Updated: 12/12/2020
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.
