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 2005
- Price/Sqft : $164.41
- 2 Days on Market
- MLS # : 6160235
- Updated Date : 11/14/2020 at 02:15
CONSTRUCTION
- Beds : 2
- Floor Size : 1,520 sqft
- Baths : 2 full
Listing Agent
Realty One Group
Listing Agent's Description
Gorgeous MOVE-IN READY fully furnished home in the Award Winning Active Adult Community of Province! Pride of ownership is eminent from the moment you enter into this pristine home! Beautiful wood laminate floors throughout with carpet only in the bedrooms, Gorgeous brand new granite countertops with full backsplash, maple cabinets with satin nickel hardware and stainless steel appliances. Private backyard with oversized patio including a retractable remote control awning and mature landscaping. Additional features include: RO and soft water system, designer interior paint, custom window coverings, front security door, new PVC irrigation front and back, new kitchen sink and faucet, sunscreens, raised vanities in bathrooms, comfort height toilets, cabinets in the laundry room & more!
SEE MORE
PRICE & RENT TRENDS
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85138
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,170 |
| EXPENSES | Loan Payment | -$922 |
| Property Tax | -$234 | |
| Property Insurance | -$57 | |
| HOA | -$83 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$225
|
||
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.
$249,900
PROJECTED PRICE
$1,170
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.0% |
| 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
$71,974
LOAN DETAILS
$922
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $62,475 |
| Loan Amount | $187,425 |
1.42
YEARS SAVED
$1,995
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,170
LIST RENT -
$0.77
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
42549 W Constellation Drive Maricopa, AZ
- 2 beds 2 baths ∙ 1,520 Sqft ∙ Built 2005 2 beds 2 baths ∙ 1,520 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,170
- $0.77
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160235
Last Updated: 11/14/2020
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.
