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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $124.76
- 2 Days on Market
- MLS # : 6190783
- Updated Date : 02/06/2021 at 03:27
CONSTRUCTION
- Beds : 5
- Floor Size : 3,166 sqft
- Baths : 3 full
Listing Agent
Epic Realty
Listing Agent's Description
Wow! I am a Beautiful, Large, Upgraded and ready for all the possibilities you can think of. I have 2 Bedrooms on first level. One of those is a secluded and private room with a full bath. I have a gas fireplace and a gorgeous kitchen and Great room. Come upstairs and get comfortable in a HUGE loft and THREE more bedrooms. I have so many upgrades that you will just have to come see me! But....check out my Balcony and start making plans for my huge backyard! And OH, did I tell you that I have a entertainers paradise here? If you do not want to put a pool in my backyard, the community pool is a minutes walk away on the path to the left of my driveway.My community Cobblestone Farms is a preneir Fulton Homes Community with Pool, Splash Pad, Basketball and much more.I hope to see you soon!
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PRICE & RENT TRENDS
Zip Code: 85139
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85139
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,680 |
| EXPENSES | Loan Payment | -$1,372 |
| Property Tax | -$369 | |
| Property Insurance | -$89 | |
| HOA | -$31 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$280
|
||
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.
$395,000
PROJECTED PRICE
$1,680
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.3% |
| 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
$110,425
LOAN DETAILS
$1,372
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $98,750 |
| Loan Amount | $296,250 |
1.75
YEARS SAVED
$4,479
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
-
$1,828
COMP ESTIMATED VALUE -
$0.58
COMP AVG. RENT PER SQFT
Comps Range
-
44526 W High Desert Trail Maricopa, AZ 1
- 5 beds 3 baths ∙ 3,166 Sqft ∙ Built 2007 5 beds 3 baths ∙ 3,166 Sqft ∙ Built 2007
- Rent
- Rent Per SQFT
- $0
- $0.00
-
43860 W Roth Road Maricopa, AZ 2
- 5 beds 3 baths ∙ 2,885 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,885 Sqft ∙ Built 2005
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,600
- $0.55
-
43477 W Kramer Lane Maricopa, AZ 3
- 5 beds 3 baths ∙ 3,289 Sqft ∙ Built 2004 5 beds 3 baths ∙ 3,289 Sqft ∙ Built 2004
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,650
- $0.50
-
20071 N Santa Cruz Drive Maricopa, AZ 4
- 4 beds 3 baths ∙ 3,183 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,183 Sqft ∙ Built 2006
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,850
- $0.58
-
43612 W Sparks Court Maricopa, AZ 5
- 5 beds 3 baths ∙ 3,107 Sqft ∙ Built 2003 5 beds 3 baths ∙ 3,107 Sqft ∙ Built 2003
LEASED 09/15/20- Rent
- Rent Per SQFT
- $2,100
- $0.68
PROPERTY LISTING DETAILS
Epic Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6190783
Last Updated: 02/06/2021
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.
