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5004 E Rhodium Drive San Tan Valley, AZ 85143

4 Beds 2 Baths 1,952 sqft Built 2019

$290,000

List Price

$1,460

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 2019
  • Price/Sqft : $148.57
  • 5 Days on Market
  • MLS # : 6153537
  • Updated Date : 11/01/2020 at 18:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,952 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Integrity First

Listing Agent's Description

This beautiful single level, move-in ready home in the popular master plan community of Copper Basin features 4 bedrooms, 2 bathrooms, a spacious open floor plan, low maintenance backyard, and attached 2 car garage. In the kitchen, you'll find a large island with plenty of room to entertain friends and family, granite counters, rich dark cabinets, stainless steel appliances, and a walk-in pantry. Enjoy your private master ensuite with dual vanities, walk-in shower, and large walk-in closet. Take the indoor living outdoors while relaxing on the back covered patio. Your low maintenance yard has plenty of room to add a sparkling pool. With smart home technology, control your entire home from your phone - including thermostat, lights, home security, locks, and more. The master plan community

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Copper Basin K-8 School Primary Regular 765 35 6
Copper Basin K-8 School Middle Regular 765 35 6
Poston Butte High School High Regular 1,801 79 4

Copper Basin K-8 School

  • Education Level: Primary
  • # of students: 765
  • # of teachers: 35
6
GreatSchools Rating

Copper Basin K-8 School

  • Education Level: Middle
  • # of students: 765
  • # of teachers: 35
6
GreatSchools Rating

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$261,000$319,000$290,000

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,460
EXPENSES Loan Payment -$1,070
Property Tax -$163
Property Insurance -$65
HOA -$76
Property Management Fees -$99
CASH FLOW
-$14

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.

$290,000

PROJECTED PRICE

$1,460

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 3.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,850

INVESTMENT

$78,850

Down Payment
$72,500
Rehab Estimate
$2,000
Closing Costs
$4,350

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,070

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $72,500
Loan Amount $217,500
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$19,459

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,460

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,444

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,4003$1,4104$1,4605$1,599
$1,599
RENT COMPS ANALYSIS
  • 5004 E Rhodium Drive San Tan Valley, AZ 4
    • 4 beds 2 baths ∙ 1,952 Sqft ∙ Built 2019 4 beds 2 baths ∙ 1,952 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $0.75
    •  
  • 4994 E Black Opal Lane San Tan Valley, AZ 1
    • 4 beds 2 baths ∙ 1,916 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,916 Sqft ∙ Built 2017
    LEASED 01/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.72
    •  
  • 5110 E Silverbell Road San Tan Valley, AZ 2
    • 3 beds 3 baths ∙ 1,837 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,837 Sqft ∙ Built 2006
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
  • 4862 E Fire Opal Lane San Tan Valley, AZ 3
    • 4 beds 2 baths ∙ 2,097 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,097 Sqft ∙ Built 2017
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.67
    •  
  • 4883 E Rhodium Drive San Tan Valley, AZ 5
    • 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2020
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.81
    •  
PROPERTY LISTING DETAILS
Mindy Jones Nevarez
Keller Williams Integrity First
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6153537
Last Updated: 11/01/2020
support@investimateroi.com

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.

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