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528 W Dexter Way San Tan Valley, AZ 85143

4 Beds 3 Baths 1,840 sqft Built 2005

$311,900

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $169.51
  • 3 Days on Market
  • MLS # : 6170314
  • Updated Date : 12/11/2020 at 12:20
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,840 sqft
  • Baths : 3 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

This delightful single story 4 bedroom 3 bathroom home in San Tan Valley has fresh interior paint and is sure to steal your heart! Walk through the entrance of the home and into the welcoming open layout of the living space and kitchen which features stainless steel appliances. After a long day, retire to the primary bedroom suite and its en suite bathroom which includes double vanity sinks and a walk-in closet! Hiking and outdoor activity will be easy as this home is less than 15 minutes from San Tan Mountain regional park.

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
Circle Cross Ranch K-8 School Primary Regular 786 35 5
Circle Cross Ranch K-8 School Middle Regular 786 35 5
Poston Butte High School High Regular 1,801 79 4

Circle Cross Ranch K-8 School

  • Education Level: Primary
  • # of students: 786
  • # of teachers: 35
5
GreatSchools Rating

Circle Cross Ranch K-8 School

  • Education Level: Middle
  • # of students: 786
  • # of teachers: 35
5
GreatSchools Rating

Poston Butte High School

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

$280,710$343,090$311,900

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,151
Property Tax -$165
Property Insurance -$63
HOA -$50
Property Management Fees -$99
CASH FLOW
$62

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.

$311,900

PROJECTED PRICE

$1,590

PROJECTED RENT

0.51%

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) 8.00%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$88,404

INVESTMENT

$88,404

Down Payment
$77,975
Rehab Estimate
$5,750
Closing Costs
$4,679

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,151

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $77,975
Loan Amount $233,925
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$29,374

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,590

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $1,513

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4953$1,5904$1,5905$1,600
$1,600
RENT COMPS ANALYSIS
  • 528 W Dexter Way San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 1,840 Sqft ∙ Built 2005 4 beds 3 baths ∙ 1,840 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $0.86
    •  
  • 352 W Gascon Road San Tan Valley, AZ 1
    • 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 2005
    property image
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.83
    •  
  • 423 W Gascon Road San Tan Valley, AZ 2
    • 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 2005
    property image
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.89
    •  
  • 1057 W Deoni Trail San Tan Valley, AZ 3
    • 4 beds 2 baths ∙ 2,026 Sqft ∙ Built 2012 4 beds 2 baths ∙ 2,026 Sqft ∙ Built 2012
    property image
    LEASED 01/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $0.78
    •  
  • 987 W Deoni Trail San Tan Valley, AZ 5
    • 3 beds 2 baths ∙ 2,025 Sqft ∙ Built 2012 3 beds 2 baths ∙ 2,025 Sqft ∙ Built 2012
    property image
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.79
    •  
PROPERTY LISTING DETAILS
George Laughton
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170314
Last Updated: 12/11/2020
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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