Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1969
- Price/Sqft : $96.04
- 2 Days on Market
- MLS # : 6197085
- Updated Date : 02/20/2021 at 17:34
CONSTRUCTION
- Beds : 3
- Floor Size : 1,718 sqft
- Baths : 1 full , 1 half
Listing Agent
Re/max A Bar Z Realty
Listing Agent's Description
Now available! Large rooms, dual living areas and a huge workshop/garage all with no HOA! Unique features on a property within city limits and featuring nice extras like sunscreens and inside laundry with plenty of living space for your needs.
SEE MORE
PRICE & RENT TRENDS
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85128
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,090 |
| EXPENSES | Loan Payment | -$573 |
| Property Tax | -$104 | |
| Property Insurance | -$61 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$254
|
||
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.
$165,000
PROJECTED PRICE
$1,090
PROJECTED RENT
0.66%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 7.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$49,475
LOAN DETAILS
$573
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $41,250 |
| Loan Amount | $123,750 |
12.75
YEARS SAVED
$33,523
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
-
$1,426
COMP ESTIMATED VALUE -
$0.83
COMP AVG. RENT PER SQFT
Comps Range
-
422 W Kennedy Avenue Coolidge, AZ 1
- 3 beds 2 baths ∙ 1,718 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,718 Sqft ∙ Built 1969
- Rent
- Rent Per SQFT
- $0
- $0.00
-
420 W Elm Avenue Coolidge, AZ 2
- 4 beds 2 baths ∙ 1,448 Sqft ∙ Built 1982 4 beds 2 baths ∙ 1,448 Sqft ∙ Built 1982
LEASED 11/18/20- Rent
- Rent Per SQFT
- $1,095
- $0.76
-
1216 N Mesquite Lane Coolidge, AZ 3
- 4 beds 2 baths ∙ 1,557 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,557 Sqft ∙ Built 1971
LEASED 09/13/20- Rent
- Rent Per SQFT
- $1,400
- $0.90
PROPERTY LISTING DETAILS
Re/max A Bar Z Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197085
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.
