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PROPERTY INFO
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.
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PRICE & RENT TRENDS
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85143
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$88,404
LOAN DETAILS
$1,151
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $77,975 |
Loan Amount | $233,925 |
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
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170314
Last Updated: 12/11/2020

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.