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PROPERTY INFO
FACTS
- Single Family
- Built In 1970
- Price/Sqft : $142.22
- 2 Days on Market
- MLS # : 6193961
- Updated Date : 02/13/2021 at 02:53
CONSTRUCTION
- Beds : 3
- Floor Size : 2,108 sqft
- Baths : 1 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Popular Hallcraft split bedrms, w new center kitchen floor plan. Home has been redone in the kitchen new cabinets & counter tops, bathrooms new cabinets Mst bath toilet. Large laundry room newly remolded with lots of cabinets you will love it. Home repainted inside. All new tile and carpet flooring throughout the house. New garage door. Free standing wood fireplace in the family rm. Big enclosed back patio. Aluminum covered eves. Front Security door with a small patio leading up to front door !Corner lot! RV parking with extra slab for more parking. Your buyers will love this home. Thank you for showing!!!
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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 | $1,490 |
| EXPENSES | Loan Payment | -$1,041 |
| Property Tax | -$172 | |
| Property Insurance | -$68 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$109
|
||
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.
$299,800
PROJECTED PRICE
$1,490
PROJECTED RENT
0.50%
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
$85,197
LOAN DETAILS
$1,041
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $74,950 |
| Loan Amount | $224,850 |
7.42
YEARS SAVED
$27,836
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
-
$1,650
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
-
4851 W Frier Drive Glendale, AZ 1
- 3 beds 2 baths ∙ 2,108 Sqft ∙ Built 1970 3 beds 2 baths ∙ 2,108 Sqft ∙ Built 1970
![property image]()
- Rent
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- $0
- $0.00
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4340 W Morten Avenue Glendale, AZ 2
- 4 beds 2 baths ∙ 1,915 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,915 Sqft ∙ Built 1955
![property image]()
LEASED 08/18/20- Rent
- Rent Per SQFT
- $1,375
- $0.72
-
4134 W Las Palmaritas Drive Phoenix, AZ 3
- 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1966
![property image]()
LEASED 02/10/20- Rent
- Rent Per SQFT
- $1,499
- $0.83
-
4639 W Ruth Avenue Glendale, AZ 4
- 4 beds 2 baths ∙ 2,195 Sqft ∙ Built 1979 4 beds 2 baths ∙ 2,195 Sqft ∙ Built 1979
![property image]()
LEASED 02/19/20- Rent
- Rent Per SQFT
- $1,595
- $0.73
-
5028 W Harmont Drive Glendale, AZ 5
- 4 beds 3 baths ∙ 2,009 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,009 Sqft ∙ Built 1975
![property image]()
LEASED 04/14/20- Rent
- Rent Per SQFT
- $1,699
- $0.85
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6193961
Last Updated: 02/13/2021
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.
