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

4431 E Austin Lane San Tan Valley, AZ 85140

4 Beds 4 Baths 3,276 sqft Built 2006

$369,000

List Price

$1,870

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $112.64
  • 3 Days on Market
  • MLS # : 6209721
  • Updated Date : 03/19/2021 at 23:49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,276 sqft
  • Baths : 3 full , 1 half
Listing Agent

Exp Realty

Listing Agent's Description

Don't miss the opportunity to make this fantastic 4 bed, 3.5 bath property in San Tan Valley all yours! A stunning facade with stone accents, lush grassy landscaping, a 2 car garage, RV gate, this home has it all and more! Inside you will find dining and living areas with laminate flooring throughout downstairs except for carpet downstairs bedroom. New carpet upstairs t/o cozy loft, and with neutral paint. The kitchen offers ample cabinet and counter space with a walk-in pantry, matching stainless steel appliances, recessed lighting, and a charming breakfast bar. The large master bedroom boasts a large walk-in closet and a full bath with double sinks, not to mention separate tub and shower. Downstairs bedroom with bathroom and closet. Expansive backyard w/covered patio & seating area.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
J. O. Combs Middle School Middle Regular 698 27 4
Combs High School High Regular 1,302 49 3

J. O. Combs Middle School

  • Education Level: Middle
  • # of students: 698
  • # of teachers: 27
4
GreatSchools Rating

Combs High School

  • Education Level: High
  • # of students: 1,302
  • # of teachers: 49
3
GreatSchools Rating
 

$332,100$405,900$369,000

PURCHASE PRICE

$1,683$2,057$1,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,870
EXPENSES Loan Payment -$1,282
Property Tax -$234
Property Insurance -$91
HOA -$60
Property Management Fees -$99
CASH FLOW
$104

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.

$369,000

PROJECTED PRICE

$1,870

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$103,535

INVESTMENT

$103,535

Down Payment
$92,250
Rehab Estimate
$5,750
Closing Costs
$5,535

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,282

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $92,250
Loan Amount $276,750
See What Happens When You Reinvest Cash Flow

7

YEARS SAVED

$30,877

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,870

    LIST RENT
  • $0.57

    LIST RENT PER SQFT
  • $1,998

    COMP ESTIMATED VALUE
  • $0.61

    COMP AVG. RENT PER SQFT
Comps Range
$1,870
1$1,8702$1,8753$1,950
$1,950
RENT COMPS ANALYSIS
  • 4431 E Austin Lane San Tan Valley, AZ 1
    • 4 beds 4 baths ∙ 3,276 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,276 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,870
    • $0.57
    •  
  • 1319 E Debbie Drive San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 3,000 Sqft ∙ Built 2008 4 beds 3 baths ∙ 3,000 Sqft ∙ Built 2008
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.63
    •  
  • 40053 N Scott Way San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 3,246 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,246 Sqft ∙ Built 2005
    property image
    LEASED 01/19/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.60
    •  
PROPERTY LISTING DETAILS
Shawna Jones
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209721
Last Updated: 03/19/2021
support@investimateroi.com

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.

BESbswy