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
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2014
- Price/Sqft : $181.98
- 3 Days on Market
- MLS # : 6178449
- Updated Date : 01/09/2021 at 17:53
CONSTRUCTION
- Beds : 4
- Floor Size : 3,791 sqft
- Baths : 3 full
Listing Agent
Gpm Realty & Investment
Listing Agent's Description
Elegant Single Family Cul-De-Sac Home in highly desirable Chandler Gated Finisterra community accented with custom design! This spectacular home features 4 bedrooms and 3 bathrooms with high ceilings, spacious living room, great room, nook area, formal dining room, and a Chef's kitchen with HUGE granite countertop, custom cabinets, stainless steel appliances are ready for gathering. The four panel sliding ''Wall of Glass'' from the great room that opens to patio brings the outside to inside. It has beautifully designed back yard and front yard. The spacious master suite has a lavish full bath, dual vanity, separate bath tub, a large walk-in shower and a huge walk-in closet. Don't miss this Gem!!!MUST USE SHOWING TIME TO REQUEST SHOWINGS.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Finisterra
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Finisterra
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,890 |
EXPENSES | Loan Payment | -$2,396 |
Property Tax | -$491 | |
Property Insurance | -$101 | |
HOA | -$120 | |
Property Management Fees | -$99 | |
CASH FLOW
-$317
|
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.
$689,900
PROJECTED PRICE
$2,890
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 4.2% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
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
$188,574
LOAN DETAILS
$2,396
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $172,475 |
Loan Amount | $517,425 |
2.67
YEARS SAVED
$14,832
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
-
$3,071
COMP ESTIMATED VALUE -
$0.81
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Gpm Realty & Investment
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6178449
Last Updated: 01/09/2021

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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.