Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1981
- Price/Sqft : $265.48
- 3 Days on Market
- MLS # : 6176097
- Updated Date : 01/01/2021 at 07:17
CONSTRUCTION
- Beds : 3
- Floor Size : 1,092 sqft
- Baths : 2 full
Listing Agent
Realty One Group
Listing Agent's Description
GREAT HOME * GRANITE COUNTERS * STAINLESS STEEL APPLIANCES * NEUTRAL TILE & CARPET * REMODELED MASTER BATH * 2 TONE PAINT * RAISED PANEL DOORS * 2 INCH BLINDS * EXTERIOR PAINTED IN DEC OF 2020 * ROOF REPLACED IN OCT 2020 * PLUMBING UPDATED IN 2018 * UPDATED DUAL PANE WINDOWS * COVERED PATIO * FRONT SECURITY DOOR * UPDATED GARAGE DOOR & OPENER * EPOXY FLOOR * ARCHITECTURAL SHINGLED ROOF * LARGE BACKYARD * ORANGE TREE * FAST FREEWAY ACCESS * SEE THIS ONE TODAY!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Ahwatukee
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Ahwatukee
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,480 |
| EXPENSES | Loan Payment | -$1,070 |
| Property Tax | -$206 | |
| Property Insurance | -$49 | |
| HOA | -$2 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$55
|
||
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.
$289,900
PROJECTED PRICE
$1,480
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.6% |
| 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
$82,574
LOAN DETAILS
$1,070
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $72,475 |
| Loan Amount | $217,425 |
6.67
YEARS SAVED
$26,988
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
-
$1,362
COMP ESTIMATED VALUE -
$1.25
COMP AVG. RENT PER SQFT
Comps Range
-
5107 E Nambe Street Phoenix, AZ 1
- 3 beds 2 baths ∙ 1,092 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,092 Sqft ∙ Built 1981
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
5122 E Nambe Street Phoenix, AZ 2
- 3 beds 2 baths ∙ 1,268 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,268 Sqft ∙ Built 1981
![property image]()
LEASED 09/16/19- Rent
- Rent Per SQFT
- $1,550
- $1.22
-
4732 E Mountain Sage Drive Phoenix, AZ 3
- 3 beds 2 baths ∙ 1,309 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,309 Sqft ∙ Built 1994
![property image]()
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,550
- $1.18
-
5014 E Shomi Street Phoenix, AZ 4
- 3 beds 3 baths ∙ 1,238 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,238 Sqft ∙ Built 1985
![property image]()
LEASED 08/09/19- Rent
- Rent Per SQFT
- $1,595
- $1.29
-
4718 E Goldfinch Gate Lane Phoenix, AZ 5
- 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1995
![property image]()
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,795
- $1.30
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6176097
Last Updated: 01/01/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
