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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $192.92
- 8 Days on Market
- MLS # : 6151430
- Updated Date : 11/25/2020 at 22:48
CONSTRUCTION
- Beds : 3
- Floor Size : 2,358 sqft
- Baths : 2 full , 1 half
Listing Agent
Superb Realty
Listing Agent's Description
NEW PHOTOS! Situated on an acre & a quarter lot this beautiful 3-bedroom, 2.5 bath Victorian style home offers breathtaking Superstition Mountain views, natural desert landscaping & horse privileges. Custom built by the homeowners with pride, it is sure to steal your heart. Brand new roof, complete replacement of siding, fresh exterior and interior paint, all in October 2020. New upper A/C unit 2018. Sit back and relax on the front porch where you can soak in the beautiful mountain views. Designed for everyday living and ease of entertaining with a spacious living room, large formal dining room and eat-in kitchen with breakfast bar and pantry. If you are working from home the den is the ideal workspace with lots of windows for natural light and awesome views! There is a laundry SEE MO
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PRICE & RENT TRENDS
Zip Code: 85119
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85119
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,650 |
| EXPENSES | Loan Payment | -$1,678 |
| Property Tax | -$311 | |
| Property Insurance | -$73 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$511
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$454,901
PROJECTED PRICE
$1,650
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 8.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$126,299
LOAN DETAILS
$1,678
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $113,725 |
| Loan Amount | $341,176 |
0.67
YEARS SAVED
$1,563
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
-
$1,674
COMP ESTIMATED VALUE -
$0.71
COMP AVG. RENT PER SQFT
Comps Range
-
5039 E 10th Avenue Apache Junction, AZ 1
- 3 beds 3 baths ∙ 2,358 Sqft ∙ Built 1996 3 beds 3 baths ∙ 2,358 Sqft ∙ Built 1996
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2333 E 27th Avenue Apache Junction, AZ 2
- 4 beds 2 baths ∙ 2,374 Sqft ∙ Built 2009 4 beds 2 baths ∙ 2,374 Sqft ∙ Built 2009
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,675
- $0.71
PROPERTY LISTING DETAILS
Superb Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6151430
Last Updated: 11/25/2020
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.
