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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $137.24
- 2 Days on Market
- MLS # : 6206852
- Updated Date : 03/13/2021 at 06:33
CONSTRUCTION
- Beds : 3
- Floor Size : 2,441 sqft
- Baths : 2 full , 1 half
Listing Agent
Proagent Realty
Listing Agent's Description
You won't want to miss the opportunity to visit this new to market spacious Johnson Ranch home. Upon entry you will find an inviting living room/dining room, half bath, Large kitchen with center island, boasts oversized walk in pantry. Kitchen is open to the family room.Upstairs you will find 3 spacious bedrooms, 2 full baths and HUGE Loft.Situated on a spacious lot with covered patio and attached 2 car garage.
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PRICE & RENT TRENDS
Neighborhood: Johnson Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Johnson Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,420 |
| EXPENSES | Loan Payment | -$1,164 |
| Property Tax | -$177 | |
| Property Insurance | -$75 | |
| HOA | -$23 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$117
|
||
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.
$335,000
PROJECTED PRICE
$1,420
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$94,525
LOAN DETAILS
$1,164
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $83,750 |
| Loan Amount | $251,250 |
3.67
YEARS SAVED
$11,388
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
-
$1,562
COMP ESTIMATED VALUE -
$0.64
COMP AVG. RENT PER SQFT
Comps Range
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425 E Saddle Way San Tan Valley, AZ 1
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LEASED 05/05/20- Rent
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- $0.61
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LEASED 03/15/20- Rent
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- $1,450
- $0.59
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435 E Cheyenne Road San Tan Valley, AZ 4
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LEASED 12/04/20- Rent
- Rent Per SQFT
- $1,550
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![property image]()
LEASED 04/10/20- Rent
- Rent Per SQFT
- $1,595
- $0.69
PROPERTY LISTING DETAILS
Proagent Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6206852
Last Updated: 03/13/2021
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.
