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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $97.44
- 6 Days on Market
- MLS # : 6191930
- Updated Date : 02/10/2021 at 17:05
CONSTRUCTION
- Beds : 6
- Floor Size : 3,900 sqft
- Baths : 4 full
Listing Agent
Keller Williams Realty Phoenix
Listing Agent's Description
Wow!! Check out this Beautiful 6 bedroom 4 bath home!! Plenty of Entertainment space with a den, living room, loft and formal dining. Gorgeous tile flooring, crown molding, and ceiling tiles throughout the downstairs. Plenty of cabinet space in the kitchen with an eat up bar/island. You will love the large Master Suite with a Very large Master Closet. This home comes complete with an Arizona room and your very own backyard Oasis. There is even a sauna that will stay with the home! Not to mention a 220V Circuit in the Garage for Level 2 EV (Electric Vehicle) charging. Plus a Whole House Water Softener with R/O in the Kitchen for purified drinking. So many unique features to this home you must come see for yourself. Book your showing today!
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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 | $1,590 |
| EXPENSES | Loan Payment | -$1,320 |
| Property Tax | -$355 | |
| Property Insurance | -$103 | |
| HOA | -$19 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$306
|
||
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.
$380,000
PROJECTED PRICE
$1,590
PROJECTED RENT
0.42%
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
$106,450
LOAN DETAILS
$1,320
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $95,000 |
| Loan Amount | $285,000 |
1.5
YEARS SAVED
$2,910
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,590
LIST RENT -
$0.41
LIST RENT PER SQFT
-
$1,755
COMP ESTIMATED VALUE -
$0.45
COMP AVG. RENT PER SQFT
Comps Range
-
43282 W Estrada Street Maricopa, AZ 1
- 6 beds 4 baths ∙ 3,900 Sqft ∙ Built 2006 6 beds 4 baths ∙ 3,900 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $1,590
- $0.41
-
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
-
43251 W Maricopa Avenue Maricopa, AZ 4
- 5 beds 3 baths ∙ 3,735 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,735 Sqft ∙ Built 2006
LEASED 12/02/20- Rent
- Rent Per SQFT
- $1,875
- $0.50
PROPERTY LISTING DETAILS
Keller Williams Realty Phoenix
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6191930
Last Updated: 02/10/2021
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.
