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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $132.79
- 3 Days on Market
- MLS # : 6199003
- Updated Date : 02/26/2021 at 08:15
CONSTRUCTION
- Beds : 3
- Floor Size : 2,071 sqft
- Baths : 2 full , 1 half
Listing Agent
Jk Realty
Listing Agent's Description
This is the home that you've been looking for in the beautiful amenity-filled community of Copper Basin! Enjoy pride of ownership throughout this 3 bedroom, 2.5 bathroom home and DON'T OVERLOOK THE SPACIOUS BACKYARD! The community boasts multiple parks and fields along with a newly renovated amenities center with a community pool and fitness center. This beauty won't last through the weekend so bring your pens and be ready to sign an offer! See you soon!
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PRICE & RENT TRENDS
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,350 |
| EXPENSES | Loan Payment | -$955 |
| Property Tax | -$145 | |
| Property Insurance | -$68 | |
| HOA | -$91 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$8
|
||
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.
$275,000
PROJECTED PRICE
$1,350
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$78,625
LOAN DETAILS
$955
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $68,750 |
| Loan Amount | $206,250 |
5.33
YEARS SAVED
$15,187
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,350
LIST RENT -
$0.65
LIST RENT PER SQFT
-
$1,543
COMP ESTIMATED VALUE -
$0.75
COMP AVG. RENT PER SQFT
Comps Range
-
4533 E Superior Road San Tan Valley, AZ 1
- 3 beds 3 baths ∙ 2,071 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,071 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $1,350
- $0.65
-
28981 N Coal Avenue San Tan Valley, AZ 2
- 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 2010
LEASED 11/14/20- Rent
- Rent Per SQFT
- $1,499
- $0.69
-
5109 E Smoky Quartz Road San Tan Valley, AZ 3
- 4 beds 2 baths ∙ 2,228 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,228 Sqft ∙ Built 2017
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,595
- $0.72
-
4725 E Fire Opal Lane San Tan Valley, AZ 4
- 4 beds 2 baths ∙ 2,097 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,097 Sqft ∙ Built 2017
LEASED 02/12/21- Rent
- Rent Per SQFT
- $1,595
- $0.76
-
4883 E Rhodium Drive San Tan Valley, AZ 5
- 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2020
LEASED 10/15/20- Rent
- Rent Per SQFT
- $1,599
- $0.81
PROPERTY LISTING DETAILS
Jk Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6199003
Last Updated: 02/26/2021
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.
