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4169 E Del Rio Drive San Tan Valley, AZ 85140

3 Beds 3 Baths 2,423 sqft Built 2007

$380,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $156.83
  • 3 Days on Market
  • MLS # : 6165166
  • Updated Date : 11/27/2020 at 00:42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,423 sqft
  • Baths : 2 full , 1 half
Listing Agent

Gentry Real Estate

Listing Agent's Description

Gorgeous single level home in the highly sought after Laredo ranch community. The home has three bedrooms a dedicated office/den + bonus room (with a private entrance to home). The modern kitchen boasts white cabinets with black granite and appliances and lots of cabinet storage. The home has plantation shutters & Neutral two tone paint throughout & tile in all the right places. The back yard is a blank slate, perfect to add a pool or your own designer touch.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
Ellsworth Elementary School Primary Regular 635 22 6
Ellsworth Elementary School Middle Regular 635 22 6
Combs High School High Regular 1,302 49 3

Ellsworth Elementary School

  • Education Level: Primary
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Ellsworth Elementary School

  • Education Level: Middle
  • # of students: 635
  • # of teachers: 22
6
GreatSchools Rating

Combs High School

  • Education Level: High
  • # of students: 1,302
  • # of teachers: 49
3
GreatSchools Rating
 

$342,000$418,000$380,000

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,402
Property Tax -$222
Property Insurance -$74
HOA -$60
Property Management Fees -$99
CASH FLOW
-$337

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.

$380,000

PROJECTED PRICE

$1,520

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.7%
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$1.2M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$106,450

INVESTMENT

$106,450

Down Payment
$95,000
Rehab Estimate
$5,750
Closing Costs
$5,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,402

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $95,000
Loan Amount $285,000
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$3,884

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
  • $1,702

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3953$1,5754$1,6005$1,900
$1,900
RENT COMPS ANALYSIS
  • 4169 E Del Rio Drive San Tan Valley, AZ 1
    • 3 beds 3 baths ∙ 2,423 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,423 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4530 E Whitehall Drive San Tan Valley, AZ 2
    • 3 beds 3 baths ∙ 2,177 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,177 Sqft ∙ Built 2005
    property image
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.64
    •  
  • 1788 E Jeanne Lane San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2007
    property image
    LEASED 01/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.72
    •  
  • 4249 E Rousay Drive San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,303 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,303 Sqft ∙ Built 2005
    property image
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.69
    •  
  • 4356 E Amarillo Drive San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,489 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,489 Sqft ∙ Built 2007
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.76
    •  
PROPERTY LISTING DETAILS
Melanie J Scow
Gentry Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165166
Last Updated: 11/27/2020
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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