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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $174.66
- 2 Days on Market
- MLS # : 6203322
- Updated Date : 03/06/2021 at 16:03
CONSTRUCTION
- Beds : 4
- Floor Size : 2,032 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Wow location location and NO HOA Don't miss out on this one. Home shows better than most new model homes. Home includes many new updated features such as brand new pool equipment including filter pump and skimmer plus all new plaster and tile new light too over 11,000 in pool to be updated. Home has new everything just about there are a few items seller didn't replace but not many . New buyers will love This huge 4 bedroom 2.5 bath 2 car extended garage that has north facing backyard is turn key ready. Over 2,100 sq. ft.. Plus seller is throwing in refrigerator washer dryer. With shopping everywhere great location this home is a must see. Too many things to list but you will not be disappointed just show and you will sell. The best thing about home is huge family room and greatroom
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PRICE & RENT TRENDS
Neighborhood: Cactus
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Cactus
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,610 |
| EXPENSES | Loan Payment | -$1,233 |
| Property Tax | -$206 | |
| Property Insurance | -$67 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$6
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$354,900
PROJECTED PRICE
$1,610
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$99,799
LOAN DETAILS
$1,233
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $88,725 |
| Loan Amount | $266,175 |
5.58
YEARS SAVED
$21,643
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,610
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$1,854
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
-
4832 W Mountain View Road Glendale, AZ 1
- 4 beds 3 baths ∙ 2,032 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,032 Sqft ∙ Built 1977
- Rent
- Rent Per SQFT
- $1,610
- $0.79
-
4831 W Turquoise Avenue Glendale, AZ 2
- 3 beds 2 baths ∙ 1,994 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,994 Sqft ∙ Built 1974
LEASED 05/14/20- Rent
- Rent Per SQFT
- $1,695
- $0.85
-
4419 W Turquoise Avenue Glendale, AZ 3
- 4 beds 2 baths ∙ 1,955 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,955 Sqft ∙ Built 1975
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,795
- $0.92
-
4814 W Brown Street Glendale, AZ 4
- 3 beds 2 baths ∙ 1,895 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,895 Sqft ∙ Built 1973
LEASED 12/06/20- Rent
- Rent Per SQFT
- $1,799
- $0.95
-
4643 W Mountain View Road Glendale, AZ 5
- 4 beds 2 baths ∙ 2,045 Sqft ∙ Built 1976 4 beds 2 baths ∙ 2,045 Sqft ∙ Built 1976
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,896
- $0.93
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203322
Last Updated: 03/06/2021
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.
