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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $228.20
- 8 Days on Market
- MLS # : 6168965
- Updated Date : 01/06/2021 at 19:34
CONSTRUCTION
- Beds : 3
- Floor Size : 2,454 sqft
- Baths : 3 full
Listing Agent
Berkshire Hathaway Homeservices Arizona Properties
Listing Agent's Description
Golf course home with fantastic mountain views. Imagine enjoying your favorite cocktail on your patio watching the beautiful sunset reflecting off Daisy Mountain. This popular Peregrine model has 2 bedrooms/2 baths in the main home. There is a large casita with full bath and private entrance for your visitors. Anthem is an award winning community. The residents in the Country Club enjoy 2 fitness clubs, 2 pools -one heated year round, tennis, pickle ball and more, all included in the monthly fees. Professionally designed landscaping including over 1200 SQFT of flagstone, oversized covered patio, gas grill and fire pit. Beautiful living area, gorgeous flooring and custom window treatments including plantation shutters in most rooms. Crown molding throughout entire home. Check it out today
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PRICE & RENT TRENDS
Neighborhood: Anthem Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Anthem Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,560 |
| EXPENSES | Loan Payment | -$1,945 |
| Property Tax | -$523 | |
| Property Insurance | -$75 | |
| HOA | -$135 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$216
|
||
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.
$560,000
PROJECTED PRICE
$2,560
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$154,150
LOAN DETAILS
$1,945
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $140,000 |
| Loan Amount | $420,000 |
3
YEARS SAVED
$13,202
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,560
LIST RENT -
$1.04
LIST RENT PER SQFT
-
$2,393
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
41603 N Panther Creek Trail Anthem, AZ 3
- 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2001
![property image]()
- Rent
- Rent Per SQFT
- $2,560
- $1.04
-
42045 N Crooked Stick Road Anthem, AZ 1
- 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000
![property image]()
LEASED 05/28/20- Rent
- Rent Per SQFT
- $2,300
- $0.94
-
2823 W Wayne Lane Anthem, AZ 2
- 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001
![property image]()
LEASED 12/22/20- Rent
- Rent Per SQFT
- $2,400
- $0.94
-
41735 N Maidstone Court Anthem, AZ 4
- 3 beds 3 baths ∙ 2,572 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,572 Sqft ∙ Built 2000
![property image]()
LEASED 05/22/20- Rent
- Rent Per SQFT
- $2,600
- $1.01
-
41707 N Iron Horse Drive Anthem, AZ 5
- 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001
![property image]()
LEASED 11/01/20- Rent
- Rent Per SQFT
- $2,600
- $1.01
PROPERTY LISTING DETAILS
Berkshire Hathaway Homeservices Arizona Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6168965
Last Updated: 01/06/2021
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.
