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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $230.05
- 2 Days on Market
- MLS # : 6184805
- Updated Date : 01/23/2021 at 17:38
CONSTRUCTION
- Beds : 3
- Floor Size : 2,369 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Spectacular Views! This gem is a rare find, golf course lot, separated from the green by a large pond (no cart path) spectacular views and move-in ready. This professionally designed and remodeled home boasts a large gourmet kitchen, crown molding and tile throughout. The huge Owners' Suite is perfect for escaping from guests and family with room enough for a sitting area and a beautiful and unique snail shower. With two covered patios, a firepit and a spa/pool (spool) this home is a great escape and an entertainer's dream. Don't miss this incredibly rare find. Did we mention the 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 | $2,410 |
| EXPENSES | Loan Payment | -$1,893 |
| Property Tax | -$425 | |
| Property Insurance | -$73 | |
| HOA | -$135 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$215
|
||
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.
$545,000
PROJECTED PRICE
$2,410
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
$150,175
LOAN DETAILS
$1,893
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $136,250 |
| Loan Amount | $408,750 |
3.08
YEARS SAVED
$13,384
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,410
LIST RENT -
$1.02
LIST RENT PER SQFT
-
$2,292
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
41120 N Congressional Drive Phoenix, AZ 5
- 3 beds 3 baths ∙ 2,369 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,369 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $2,410
- $1.02
-
1879 W Dion Drive Phoenix, AZ 1
- 3 beds 2 baths ∙ 2,080 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,080 Sqft ∙ Built 2004
LEASED 09/28/20- Rent
- Rent Per SQFT
- $1,900
- $0.91
-
41440 N Bent Creek Way Phoenix, AZ 2
- 3 beds 2 baths ∙ 2,082 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,082 Sqft ∙ Built 2005
LEASED 09/15/20- Rent
- Rent Per SQFT
- $2,095
- $1.01
-
1933 W Spirit Court Anthem, AZ 3
- 3 beds 2 baths ∙ 2,082 Sqft ∙ Built 2003 3 beds 2 baths ∙ 2,082 Sqft ∙ Built 2003
LEASED 10/08/20- Rent
- Rent Per SQFT
- $2,100
- $1.01
-
2823 W Wayne Lane Anthem, AZ 4
- 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001
LEASED 12/22/20- Rent
- Rent Per SQFT
- $2,400
- $0.94
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6184805
Last Updated: 01/23/2021
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.
