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4152 W White Canyon Road Queen Creek, AZ 85142

5 Beds 3 Baths 2,717 sqft Built 2016

INVESTimate

$351,900

List Price

$1,610

$1,449 - $1,771

Rent Est.

$375,407  ( +6.68%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2016
  • Price/Sqft : $129.52
  • 2 Days on Market
  • MLS # : 6122486
  • Updated Date : 08/25/2020 at 16:30
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,717 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

FORMER MODEL HOME FOR SALE!!! 5 BEDROOM 2.5 BATH! Home located in the desirable location of San Tan Heights. The kitchen has all stainless steel appliances, ss electric range, and 3cm smokey pearl granite countertops. The home comes with Stainless Steel appliances. The Master bedroom is located on the first floor. The front and backyard already come fully landscaped.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9801981

* 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
San Tan Heights Elementary School Primary Regular 583 33 2
Mountain Vista Middle School Middle Regular 331 16 1
San Tan Foothills High School High Regular 521 27 2

San Tan Heights Elementary School

  • Education Level: Primary
  • # of students: 583
  • # of teachers: 33
2
GreatSchools Rating

Mountain Vista Middle School

  • Education Level: Middle
  • # of students: 331
  • # of teachers: 16
1
GreatSchools Rating

San Tan Foothills High School

  • Education Level: High
  • # of students: 521
  • # of teachers: 27
2
GreatSchools Rating
 

$316,710$387,090$351,900

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,298
Property Tax -$190
Property Insurance -$80
HOA -$75
Property Management Fees -$99
CASH FLOW
-$132

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.

$351,900

PROJECTED PRICE

$1,610

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.68%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$99,004

INVESTMENT

$99,004

Down Payment
$87,975
Rehab Estimate
$5,750
Closing Costs
$5,279

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,298

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,975
Loan Amount $263,925
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$12,689

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
  • $1,603

    COMP ESTIMATED VALUE
  • $0.59

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,5354$1,6255$1,665
$1,665
RENT COMPS ANALYSIS
  • 4152 W White Canyon Road Queen Creek, 1
    • 5 beds 3 baths ∙ 2,717 Sqft ∙ Built 2016 5 beds 3 baths ∙ 2,717 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3320 W Yellow Peak Drive San Tan Valley, 2
    • 4 beds 3 baths ∙ 2,617 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,617 Sqft ∙ Built 2005
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.55
    •  
  • 2966 W Tanner Ranch Road Queen Creek, 3
    • 5 beds 3 baths ∙ 2,791 Sqft ∙ Built 2003 5 beds 3 baths ∙ 2,791 Sqft ∙ Built 2003
    LEASED 12/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,535
    • $0.55
    •  
  • 2851 W Jasper Butte Drive Queen Creek, 4
    • 5 beds 3 baths ∙ 2,548 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,548 Sqft ∙ Built 2005
    LEASED 12/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.64
    •  
  • 2913 W Gold Dust Avenue Queen Creek, 5
    • 5 beds 3 baths ∙ 2,703 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,703 Sqft ∙ Built 2005
    LEASED 11/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,665
    • $0.62
    •  
PROPERTY LISTING DETAILS
Fernando Gonzalez
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6122486
Last Updated: 08/25/2020
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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