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413 E Shawnee Road San Tan Valley, AZ 85143

4 Beds 3 Baths 2,643 sqft Built 2003

$300,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2003
  • Price/Sqft : $113.51
  • 2 Days on Market
  • MLS # : 6156431
  • Updated Date : 11/07/2020 at 13:25
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,643 sqft
  • Baths : 2 full , 1 half
Listing Agent

Arizona Home Brokerage

Listing Agent's Description

This beautiful 4 bed, 2.5 bath home is situated on a large golf course lot (behind Tee Box). This property offers all stainless kitchen appliances (including fridge) & washer/dryer. Large dining room & great room, formal living room, large eat in kitchen. All bedrooms are located upstairs with a big loft. This property has blinds on all windows and ceiling fans in every room. The over-sized yard includes covered patio and paver extended patio for entertaining, with an INCREDIBLE golf course view. The exterior was professionally painted in December of 2019.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Johnson Ranch

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Johnson Ranch

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Walker Butte K-8 School Primary Regular 913 51 4
Walker Butte K-8 School Middle Regular 913 51 4
Poston Butte High School High Regular 1,801 79 4

Walker Butte K-8 School

  • Education Level: Primary
  • # of students: 913
  • # of teachers: 51
4
GreatSchools Rating

Walker Butte K-8 School

  • Education Level: Middle
  • # of students: 913
  • # of teachers: 51
4
GreatSchools Rating

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$270,000$330,000$300,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$1,107
Property Tax -$160
Property Insurance -$79
HOA -$18
Property Management Fees -$99
CASH FLOW
$88

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.

$300,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,107

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

7.33

YEARS SAVED

$31,595

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,546

    COMP ESTIMATED VALUE
  • $0.59

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,4504$1,5755$1,595
$1,595
RENT COMPS ANALYSIS
  • 413 E Shawnee Road San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,643 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,643 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 29143 N Shannon Drive San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,461 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,461 Sqft ∙ Built 2003
    property image
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.59
    •  
  • 28946 N Saddle Way San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2005
    property image
    LEASED 05/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.56
    •  
  • 435 E Mountain View Road San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2002
    property image
    LEASED 05/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.59
    •  
  • 356 E Shawnee Road San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2003
    property image
    LEASED 11/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.60
    •  
PROPERTY LISTING DETAILS
Mark Smith
Arizona Home Brokerage
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156431
Last Updated: 11/07/2020
support@investimateroi.com

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.

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