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PROPERTY INFO
FACTS
- Single Family
- Built In 1979
- Price/Sqft : $301.68
- 3 Days on Market
- MLS # : 6169469
- Updated Date : 01/01/2021 at 08:15
CONSTRUCTION
- Beds : 3
- Floor Size : 1,248 sqft
- Baths : 1 full , 1 half
Listing Agent
Keller Williams Arizona Realty
Listing Agent's Description
Beautiful Remodel is COMPLETE! Brand New Reconfigured Island Kitchen with quartz sink & countertops, white shaker cabinets, stainless appliances, and a pantry! New bathrooms complete with new white vanities, new glass vessel sinks, new faucets and refinished bath/shower surround in guest bath. Master bath has deco tile surround! New upgraded carpet in all bedrooms. All new dual pane window and sliding glass door, and fresh paint inside and out. You will LOVE the VERY private backyard with NEW lush lawn, plants and flowers that complement the mature landscaping, and all new sprinkler system (front and back) with auto timer. Great cul-de-sac lot, with location convenient to PV Mall, Costco, & surrounded by parks! Go less than 1/2 a mile to Roadrunner park to feed the ducks, swim, or play!
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PRICE & RENT TRENDS
Neighborhood: Paradise Valley Village Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Paradise Valley Village Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,510 |
EXPENSES | Loan Payment | -$1,389 |
Property Tax | -$237 | |
Property Insurance | -$52 | |
Property Management Fees | -$99 | |
CASH FLOW
-$267
|
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.
$376,500
PROJECTED PRICE
$1,510
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 9.4% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
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
$105,523
LOAN DETAILS
$1,389
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $94,125 |
Loan Amount | $282,375 |
2.25
YEARS SAVED
$6,956
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,510
LIST RENT -
$1.21
LIST RENT PER SQFT
-
$1,526
COMP ESTIMATED VALUE -
$1.22
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Keller Williams Arizona Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6169469
Last Updated: 01/01/2021

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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.