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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $148.46
- 2 Days on Market
- MLS # : 6174626
- Updated Date : 12/26/2020 at 11:52
CONSTRUCTION
- Beds : 4
- Floor Size : 2,014 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Beautiful and well kept home located in Buckeye Arizona. This home has 4 bedrooms 2.5 Bathrooms a large living room and family room with an updated kitchen. Kitchen has granite countertops, backsplash and a large island.It also has a reverse osmosis drinking water and a full home water softener system. Home sits on a large lot in a cul-de-sac with a RV Gate and in walking distance to a park. Exterior of home was painted in 2020 and AC unit was replaced in 2019. Take a look at the virtual walk thru. Hurry and schedule your showing today.
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PRICE & RENT TRENDS
Neighborhood: Riata West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Riata West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,440 |
EXPENSES | Loan Payment | -$1,103 |
Property Tax | -$199 | |
Property Insurance | -$66 | |
HOA | -$58 | |
Property Management Fees | -$99 | |
CASH FLOW
-$85
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$299,000
PROJECTED PRICE
$1,440
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 7.7% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
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
$84,985
LOAN DETAILS
$1,103
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $74,750 |
Loan Amount | $224,250 |
4.08
YEARS SAVED
$13,238
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
-
$1,425
COMP ESTIMATED VALUE -
$0.71
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174626
Last Updated: 12/26/2020

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.