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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $163.08
- 2 Days on Market
- MLS # : 6208581
- Updated Date : 03/20/2021 at 00:32
CONSTRUCTION
- Beds : 4
- Floor Size : 1,533 sqft
- Baths : 2 full
Listing Agent
The Maricopa Real Estate Co
Listing Agent's Description
Take a look at this OWNED SOLAR, Gorgeous SINGLE LEVEL home! 4 Bedrooms, 2 Baths. CORNER lot-surrounded by single level homes. A TON OF UPGRADES!* GRANITE COUNTER-TOPS-UNDERMOUNT SINK, STAINLESS STEEL APPLIANCES (whirlpool) - High end CEILING FANS in every room, * Vaulted ceilings * Upgraded LIGHTING FIXTURES 2'' blinds, EPOXY floor on the garage, With a HUGE back yard. There is even Space for an RV gate!! Washer and Dryer included. This house is immaculate and Can be YOURS NOW!!
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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 | $1,100 |
| EXPENSES | Loan Payment | -$868 |
| Property Tax | -$234 | |
| Property Insurance | -$57 | |
| HOA | -$19 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$177
|
||
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.
$250,000
PROJECTED PRICE
$1,100
PROJECTED RENT
0.44%
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
$72,000
LOAN DETAILS
$868
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $62,500 |
| Loan Amount | $187,500 |
2
YEARS SAVED
$3,151
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,096
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
-
43205 W Arizona Avenue Maricopa, AZ 1
- 4 beds 2 baths ∙ 1,533 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,533 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $0
- $0.00
-
18848 N Leland Road Maricopa, AZ 2
- 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2005
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,250
- $0.69
-
18719 N Leland Road Maricopa, AZ 3
- 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2006
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,300
- $0.72
-
42998 W Elizabeth Avenue Maricopa, AZ 4
- 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2009
LEASED 03/02/20- Rent
- Rent Per SQFT
- $1,300
- $0.72
-
42969 W Elizabeth Avenue Maricopa, AZ 5
- 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 2009
LEASED 04/22/20- Rent
- Rent Per SQFT
- $1,325
- $0.73
PROPERTY LISTING DETAILS
The Maricopa Real Estate Co
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6208581
Last Updated: 03/20/2021
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.
