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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $105.40
- 2 Days on Market
- MLS # : 6173059
- Updated Date : 12/18/2020 at 20:58
CONSTRUCTION
- Beds : 4
- Floor Size : 2,723 sqft
- Baths : 3 full
Listing Agent
Desert Canyon Properties
Listing Agent's Description
Home with SOLAR and no neighbors behind you! Great space as soon as you walk in the front door, 2 story entry into the formal living room. Huge eat in kitchen w/granite countertops, recessed lighting and walk in pantry. Spacious family room with slider to backyard. Downstairs also features a laundry room, a bedroom and a full bathroom. Upstairs next to loft is Master suite with huge bathroom, separate tub and shower and walk in closet. In addition to solar home has as a radiant barrier in attic to minimize heat gain and heat loss. Dual programmable thermostats, LowE windows through out, pre-wired home for security system, f/r and master wired for surround sound, exterior wired for Christmas lights. Dual stage whole house water filtration system. Plus stove and dryer have stubs for gas!!!
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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 | $1,700 |
| EXPENSES | Loan Payment | -$1,059 |
| Property Tax | -$268 | |
| Property Insurance | -$80 | |
| HOA | -$24 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$169
|
||
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.
$287,000
PROJECTED PRICE
$1,700
PROJECTED RENT
0.59%
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
$81,805
LOAN DETAILS
$1,059
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $71,750 |
| Loan Amount | $215,250 |
8.42
YEARS SAVED
$37,595
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
-
$1,797
COMP ESTIMATED VALUE -
$0.66
COMP AVG. RENT PER SQFT
Comps Range
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46031 W Sky Lane Maricopa, AZ 1
- 4 beds 3 baths ∙ 2,723 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,723 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $0
- $0.00
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45318 W Applegate Road Maricopa, AZ 2
- 5 beds 3 baths ∙ 2,427 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,427 Sqft ∙ Built 2005
LEASED 09/10/19- Rent
- Rent Per SQFT
- $1,550
- $0.64
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45542 W Tucker Road Maricopa, AZ 3
- 3 beds 3 baths ∙ 2,637 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,637 Sqft ∙ Built 2005
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,820
- $0.69
-
44375 W Palmen Drive Maricopa, AZ 4
- 4 beds 3 baths ∙ 3,026 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,026 Sqft ∙ Built 2005
LEASED 09/25/20- Rent
- Rent Per SQFT
- $1,845
- $0.61
-
18282 N Kari Lane Maricopa, AZ 5
- 3 beds 3 baths ∙ 2,648 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,648 Sqft ∙ Built 2004
LEASED 08/09/20- Rent
- Rent Per SQFT
- $1,855
- $0.70
PROPERTY LISTING DETAILS
Desert Canyon Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173059
Last Updated: 12/18/2020
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.
