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

5405 E Santa Clara Drive San Tan Valley, AZ 85140

4 Beds 2 Baths 1,884 sqft Built 2011

$289,900

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $153.87
  • 2 Days on Market
  • MLS # : 6160618
  • Updated Date : 11/14/2020 at 10:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,884 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

BEAUTIFUL 4 BEDROOM 2 BATH HOME WITH OVER 1800 SQUARE FEET. LARGE 8400 SQ. FT. LOT COMPLETELY FENCED WITH 2 RV GATES. LOTS OF EXTRA CONCRETE IN BACK FOR OPEN PATIO AREA AND A COVERED PATIO. NICE STORAGE SHED. THE INTERIOR IS IMMACULATE WITH TILE FLOORING THRU-OUT ( NO CARPERT). LIVING ROOM,FORMAL DINING ROOM,DREAM KITCHEN WITH STAINLESS STEEL APPLIANCES,HUGE CENTER ISLAND,GRANITE COUNTER TOPS WITH TILE BACK SPLASH, RECESSED LIGHTING MAKES FOR ''BRIGHT'' KITCHEN, PLUS NICE PANTRY. INSIDE LAUNDRY ROOM WITH SINK AND OUTSIDE DOOR. LARGE MASTER BEDROOM WITH 2 CLOSETS ( 1 WALK-IN AND 1 STANDARD) PLUS A LARGE WALKIN SHOWER . GOOD SIZE 3 BEDROOMS

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
Magma Ranch K-8 School Primary Regular 788 35 4
Magma Ranch K-8 School Middle Regular 788 35 4
Poston Butte High School High Regular 1,801 79 4

Magma Ranch K-8 School

  • Education Level: Primary
  • # of students: 788
  • # of teachers: 35
4
GreatSchools Rating

Magma Ranch K-8 School

  • Education Level: Middle
  • # of students: 788
  • # of teachers: 35
4
GreatSchools Rating

Poston Butte High School

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

$260,910$318,890$289,900

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,070
Property Tax -$134
Property Insurance -$64
Property Management Fees -$99
CASH FLOW
$273

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

$1,640

PROJECTED RENT

0.57%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.7%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

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$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% 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 $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

10.67

YEARS SAVED

$54,071

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
  • $2,167

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,495
$2,495
RENT COMPS ANALYSIS
  • 5405 E Santa Clara Drive San Tan Valley, AZ 1
    • 4 beds 2 baths ∙ 1,884 Sqft ∙ Built 2011 4 beds 2 baths ∙ 1,884 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4270 E Pony Track Lane San Tan Valley, AZ 2
    • 4 beds 2 baths ∙ 2,166 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,166 Sqft ∙ Built 2007
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.15
    •  
PROPERTY LISTING DETAILS
Jose Manuel Corrales
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160618
Last Updated: 11/14/2020
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.

BESbswy