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4276 N Presidio Drive Florence, AZ 85132

2 Beds 3 Baths 1,856 sqft Built 2017

$448,500

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $241.65
  • 3 Days on Market
  • MLS # : 6199771
  • Updated Date : 02/26/2021 at 19:47
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,856 sqft
  • Baths : 2 full , 1 half
Listing Agent

Blanzy Realty Llc

Listing Agent's Description

Welcome to Presidio Drive! The Sanctuary floorpan is one of the most sought after floorpans in SC at Merrill. Offering 2 spacious bedrooms a large gourmet kitchen open to a sunny family room. This home offers 2 huge sliding doors to allow for that inside out Arizona living. The welcoming patio and exterior fireplace are the perfect spaces to cozy up or entertain. Furniture can be included separately if buyer would like! Perfect opportunity for a turn key desert dream home! Fantastic views of the golf course are right out back. Sun City Anthem at Merrill Ranch is one of the valleys most desired communities offering a spectacular club house, amenities and set around a Troon Golf Course!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem at Merrill Ranch

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Anthem at Merrill Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8971567

* 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
Florence High School High Regular 778 41 4

Florence High School

  • Education Level: High
  • # of students: 778
  • # of teachers: 41
4
GreatSchools Rating
 

$403,650$493,350$448,500

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,558
Property Tax -$357
Property Insurance -$63
HOA -$52
Property Management Fees -$99
CASH FLOW
-$539

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.

$448,500

PROJECTED PRICE

$1,590

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.8%
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-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

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$124,603

INVESTMENT

$124,603

Down Payment
$112,125
Rehab Estimate
$5,750
Closing Costs
$6,728

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,558

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $112,125
Loan Amount $336,375
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$346

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
  • $1,717

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,800
$1,800
RENT COMPS ANALYSIS
  • 4276 N Presidio Drive Florence, AZ 1
    • 2 beds 3 baths ∙ 1,856 Sqft ∙ Built 2017 2 beds 3 baths ∙ 1,856 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3916 N Hawthorn Drive Florence, AZ 2
    • 2 beds 2 baths ∙ 1,603 Sqft ∙ Built 2017 2 beds 2 baths ∙ 1,603 Sqft ∙ Built 2017
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.90
    •  
  • 5619 W Cinder Brook Way Florence, AZ 3
    • 2 beds 2 baths ∙ 1,890 Sqft ∙ Built 2018 2 beds 2 baths ∙ 1,890 Sqft ∙ Built 2018
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.95
    •  
PROPERTY LISTING DETAILS
Lisa M Blanzy
Blanzy Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199771
Last Updated: 02/26/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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