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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $209.82
- 1 Days on Market
- MLS # : 6173312
- Updated Date : 12/19/2020 at 23:27
CONSTRUCTION
- Beds : 3
- Floor Size : 1,568 sqft
- Baths : 2 full , 1 half
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Wow! Check out this 3 bedroom 2.5 bath home with sparkling Pool!!! Located in a great North Phoenix neighborhood close to schools and parks, beautiful kitchen with granite counter tops, walk in closet, stainless steel appliances, New paint inside , tile and carpet throughout. Large deck overlooking the pool and 2 car garage. it won't last long. schedule your appointment today.
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PRICE & RENT TRENDS
Neighborhood: North Mountain
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North Mountain
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,550 |
| EXPENSES | Loan Payment | -$1,214 |
| Property Tax | -$196 | |
| Property Insurance | -$58 | |
| HOA | -$25 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$42
|
||
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.
$329,000
PROJECTED PRICE
$1,550
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 8.4% |
| Maintenance Year (1-5) | 8.00% |
| 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
$92,935
LOAN DETAILS
$1,214
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $82,250 |
| Loan Amount | $246,750 |
5.17
YEARS SAVED
$20,490
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
-
$1,470
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
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4117 W Charter Oak Road Phoenix, AZ 1
- 3 beds 3 baths ∙ 1,568 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,568 Sqft ∙ Built 1995
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- $0
- $0.00
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4138 W Sweetwater Avenue Phoenix, AZ 2
- 4 beds 2 baths ∙ 1,648 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,648 Sqft ∙ Built 1979
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LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.91
-
4129 W Windrose Drive Phoenix, AZ 3
- 4 beds 2 baths ∙ 1,628 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,628 Sqft ∙ Built 1978
![property image]()
LEASED 05/02/20- Rent
- Rent Per SQFT
- $1,550
- $0.95
-
4027 W Wood Drive Phoenix, AZ 4
- 3 beds 2 baths ∙ 1,648 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,648 Sqft ∙ Built 1979
![property image]()
LEASED 01/07/20- Rent
- Rent Per SQFT
- $1,575
- $0.96
-
12414 N 44th Lane Glendale, AZ 5
- 4 beds 2 baths ∙ 1,722 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,722 Sqft ∙ Built 1977
![property image]()
LEASED 11/13/20- Rent
- Rent Per SQFT
- $1,600
- $0.93
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173312
Last Updated: 12/19/2020
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.
