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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $191.71
- 2 Days on Market
- MLS # : 6190895
- Updated Date : 02/07/2021 at 02:04
CONSTRUCTION
- Beds : 3
- Floor Size : 1,773 sqft
- Baths : 1 full , 1 half
Listing Agent
Cactus Mountain Properties, Llc
Listing Agent's Description
Hard to find! This is a proud of ownership home ,living room with fireplace and the kitchen with granite and dome ceiling light 3 bedrooms / 2 Bathrooms / 2 Car Garage / Covered Patio. Great curb appeal from the street. Remodeled interior that features with tiles and laminated wood in all bedrooms both bath also remodeling with tiles and decor wall ..Master bedroom is generously sized + has a really nice walk in closet. Spacious secondary bedrooms. HUGE inside laundry room with exit to backyard! Storage shed in the backyard as well. Come see this one today!
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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 | $1,550 |
| EXPENSES | Loan Payment | -$1,181 |
| Property Tax | -$180 | |
| Property Insurance | -$62 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$29
|
||
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.
$339,900
PROJECTED PRICE
$1,550
PROJECTED RENT
0.46%
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
$95,824
LOAN DETAILS
$1,181
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $84,975 |
| Loan Amount | $254,925 |
6
YEARS SAVED
$23,126
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
-
$1,569
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
4840 W Vogel Avenue Glendale, AZ 1
- 3 beds 2 baths ∙ 1,773 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,773 Sqft ∙ Built 1977
- Rent
- Rent Per SQFT
- $0
- $0.00
-
9615 N 49th Drive Glendale, AZ 2
- 3 beds 2 baths ∙ 1,647 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,647 Sqft ∙ Built 1979
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,450
- $0.88
-
9051 N 49th Avenue Glendale, AZ 3
- 3 beds 2 baths ∙ 1,744 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,744 Sqft ∙ Built 1978
LEASED 02/21/20- Rent
- Rent Per SQFT
- $1,525
- $0.87
-
10010 N 50th Avenue Glendale, AZ 4
- 3 beds 2 baths ∙ 1,809 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,809 Sqft ∙ Built 1976
LEASED 11/03/20- Rent
- Rent Per SQFT
- $1,575
- $0.87
-
4419 W Turquoise Avenue Glendale, AZ 5
- 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
PROPERTY LISTING DETAILS
Cactus Mountain Properties, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6190895
Last Updated: 02/07/2021
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.
