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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $146.31
- 4 Days on Market
- MLS # : 6162570
- Updated Date : 11/19/2020 at 15:36
CONSTRUCTION
- Beds : 4
- Floor Size : 2,563 sqft
- Baths : 2 full
Listing Agent
Desert Properties Realty
Listing Agent's Description
A MOVE in READY, WHISTLE CLEAN OVERSIZED GOLF COURSE LOT in Rancho El Dorado, the ONLY GOLF community in Maricopa**SUPERB model, FOUR bedrooms, MASTER SPLIT, LARGE EXPANSIVE Backyard overlooking the 8th green**AS soon as you enter you will fall in love with this tastefully decorated home!**Porcelain tile through-out, carpet in bedroom areas**Kitchen has GORGEOUS Hickory cabinets, tiled backsplash, Kitchenaid appliances, GAS DOUBLE oven stove**Large kitchen island, granite countertops**Built in spice rack in pantry**RV GATE**soft water loop**RO just serviced**Firepit and additional patio seating**BUILT in BBQ**Utility sink**Lemon, blood orange and lime fruit trees**Outdoor lighting on LED sensors**All Appliances stay**This one will NOT last long***
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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 | $1,510 |
| EXPENSES | Loan Payment | -$1,384 |
| Property Tax | -$350 | |
| Property Insurance | -$77 | |
| HOA | -$15 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$415
|
||
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.
$375,000
PROJECTED PRICE
$1,510
PROJECTED RENT
0.40%
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
$105,125
LOAN DETAILS
$1,384
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $93,750 |
| Loan Amount | $281,250 |
0.67
YEARS SAVED
$1,176
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
-
$1,570
COMP ESTIMATED VALUE -
$0.61
COMP AVG. RENT PER SQFT
Comps Range
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43271 W Little Drive Maricopa, AZ 1
- 4 beds 2 baths ∙ 2,563 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,563 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $0
- $0.00
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21382 N Reinbold Drive Maricopa, AZ 2
- 4 beds 3 baths ∙ 2,308 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,308 Sqft ∙ Built 2003
LEASED 07/05/19- Rent
- Rent Per SQFT
- $1,350
- $0.58
-
42709 W Anne Lane Maricopa, AZ 3
- 4 beds 3 baths ∙ 2,309 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,309 Sqft ∙ Built 2004
LEASED 01/04/20- Rent
- Rent Per SQFT
- $1,450
- $0.63
-
43292 W Oakland Court Maricopa, AZ 4
- 4 beds 2 baths ∙ 2,416 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,416 Sqft ∙ Built 2002
LEASED 09/21/19- Rent
- Rent Per SQFT
- $1,575
- $0.65
-
44120 W Kramer Lane Maricopa, AZ 5
- 5 beds 3 baths ∙ 2,695 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,695 Sqft ∙ Built 2005
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,600
- $0.59
PROPERTY LISTING DETAILS
Desert Properties Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6162570
Last Updated: 11/19/2020
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.
