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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $169.99
- 2 Days on Market
- MLS # : 6197077
- Updated Date : 02/20/2021 at 17:20
CONSTRUCTION
- Beds : 3
- Floor Size : 1,676 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty East Valley
Listing Agent's Description
This is the home for you! Meticulously kept single-level property in desirable Maricopa is a dream come true. The beautiful interior offers vaulted ceilings, decorative lighting fixtures, roomy bedrooms, a large living area, a cozy family room, carpet in all the right places, and many windows that provide tons of natural light. The spotless kitchen features recessed lighting, a dual sink, plenty of cabinets, granite countertops, a breakfast bar, and essential appliances needed to prepare your meal. Bright & light master bedroom gives you a walk-in closet and a lavish bathroom with a separate tub, step-in shower, and his/her sink. The lovely backyard with natural grass and covered patio is great to enjoy your morning coffee and relaxing afternoons! Make this gem yours now. Start calling!
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PRICE & RENT TRENDS
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,240 |
| EXPENSES | Loan Payment | -$990 |
| Property Tax | -$266 | |
| Property Insurance | -$60 | |
| HOA | -$48 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$223
|
||
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.
$284,900
PROJECTED PRICE
$1,240
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.0% |
| 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
$81,249
LOAN DETAILS
$990
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $71,225 |
| Loan Amount | $213,675 |
1.58
YEARS SAVED
$2,507
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
-
$1,328
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
-
41403 W Walker Way Maricopa, AZ 1
- 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,676 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $0
- $0.00
-
20847 N Mac Neil Street Maricopa, AZ 2
- 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2007
LEASED 05/05/20- Rent
- Rent Per SQFT
- $1,300
- $0.78
-
41280 W Sanders Way Maricopa, AZ 3
- 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2007
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,350
- $0.81
-
41739 W Corvalis Lane Maricopa, AZ 4
- 4 beds 3 baths ∙ 1,836 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,836 Sqft ∙ Built 2007
LEASED 02/10/21- Rent
- Rent Per SQFT
- $1,475
- $0.80
-
41273 W Williams Way Maricopa, AZ 5
- 4 beds 3 baths ∙ 1,922 Sqft ∙ Built 2017 4 beds 3 baths ∙ 1,922 Sqft ∙ Built 2017
LEASED 10/29/19- Rent
- Rent Per SQFT
- $1,500
- $0.78
PROPERTY LISTING DETAILS
Keller Williams Realty East Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197077
Last Updated: 02/20/2021
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.
