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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $92.28
- 2 Days on Market
- MLS # : 6203599
- Updated Date : 03/06/2021 at 17:56
CONSTRUCTION
- Beds : 7
- Floor Size : 3,900 sqft
- Baths : 4 full
Listing Agent
Momentum Brokers Llc
Listing Agent's Description
Enjoy what this amazing 7 bed, 4 bath home has to offer! Providing 3 car garage plus slab driveway for extra parking. The very spacious interior has formal living & dining room, carpet flooring through, ample family room, custom paint finishes, and a gorgeous loft ideal for a game area. Fantastic kitchen features plenty of cabinets, pantry, center island w/breakfast bar, and all matching black appliances. Roomy master suite is big enough for all your furniture and includes a beautiful bath with separate tub/shower, dual sink vanity, and walk-in closet. Very private backyard offers an extended covered patio, mature trees that gives more privacy, and potential to customize it. Great location close to parks, shopping centers, and restaurants. Call us today for a private viewing!
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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 | $1,600 |
| EXPENSES | Loan Payment | -$1,250 |
| Property Tax | -$336 | |
| Property Insurance | -$103 | |
| HOA | -$87 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$275
|
||
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.
$359,900
PROJECTED PRICE
$1,600
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
$101,124
LOAN DETAILS
$1,250
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $89,975 |
| Loan Amount | $269,925 |
1.5
YEARS SAVED
$2,917
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
-
$1,658
COMP ESTIMATED VALUE -
$0.43
COMP AVG. RENT PER SQFT
Comps Range
-
43268 W Wild Horse Trail Maricopa, AZ 1
- 7 beds 4 baths ∙ 3,900 Sqft ∙ Built 2006 7 beds 4 baths ∙ 3,900 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $0
- $0.00
-
19350 N Ibis Way Maricopa, AZ 2
- 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2007 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2007
LEASED 02/11/20- Rent
- Rent Per SQFT
- $1,600
- $0.41
-
43316 W Kimberly Street Maricopa, AZ 3
- 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2006 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2006
LEASED 01/22/20- Rent
- Rent Per SQFT
- $1,699
- $0.44
PROPERTY LISTING DETAILS
Momentum Brokers Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203599
Last Updated: 03/06/2021
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.
