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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $204.79
- 9 Days on Market
- MLS # : 6154792
- Updated Date : 11/18/2020 at 12:33
CONSTRUCTION
- Beds : 4
- Floor Size : 3,296 sqft
- Baths : 3 full , 1 half
Listing Agent
Keller Williams Arizona Realty
Listing Agent's Description
Elegant ranch-style home located in beautiful Centennial at Stetson Valley! Enjoy spectacular mountain views and stunning curb appeal! This meticulously kept home offers 12' ceilings throughout, and features a gorgeous rotunda-like entry. The Gourmet kitchen w/ butler's pantry includes double ovens, refrigerator, microwave, dishwasher along w/ enormous granite countertops accented by magnificent hardwood flooring makes for an entertaining delight. A spacious breakfast nook ideal to ignite the day! Beautiful travertine flooring throughout entry and hallways, along w/ four spacious bedrooms and office w/ plush carpeting. Master includes dual closets and spa-like natural stone bath w/ large garden tub, separate shower and dual sink vanities.
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PRICE & RENT TRENDS
Neighborhood: Stetson Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Stetson Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,290 |
| EXPENSES | Loan Payment | -$2,490 |
| Property Tax | -$404 | |
| Property Insurance | -$91 | |
| HOA | -$24 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$819
|
||
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.
$675,000
PROJECTED PRICE
$2,290
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$184,625
LOAN DETAILS
$2,490
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $168,750 |
| Loan Amount | $506,250 |
0.42
YEARS SAVED
$940
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
-
$2,052
COMP ESTIMATED VALUE -
$0.62
COMP AVG. RENT PER SQFT
Comps Range
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- Rent Per SQFT
- $2,395
- $0.66
PROPERTY LISTING DETAILS
Keller Williams Arizona Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6154792
Last Updated: 11/18/2020
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.
