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 2018
- Price/Sqft : $166.01
- 2 Days on Market
- MLS # : 6195533
- Updated Date : 02/20/2021 at 00:58
CONSTRUCTION
- Beds : 3
- Floor Size : 2,289 sqft
- Baths : 3 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Here it is! Welcome to this stunning 3BR/3BA with a den nestled in Circle Cross Ranch. This amazing corner lot leads you into the meticulously kept interior featuring tile flooring in all the right places, two tone paint and a spacious open floor plan. Kitchen is open to dining & living areas and boasts stainless steel appliances, gas cooking, granite counter tops, a center island, and a large pantry. Perfect for gathering with friends and family. Split master with dual sinks and walk in shower. Master bedroom is huge with large master closet and there are ceiling fans in all the rooms. The 3-car tandem garage allows for ample parking and storage and the RV gate allows for easy access to the backyard for that dream pool you will be putting in. Just minutes to shopping, restaurants, the
SEE MORE
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 | $1,770 |
| EXPENSES | Loan Payment | -$1,320 |
| Property Tax | -$201 | |
| Property Insurance | -$72 | |
| HOA | -$50 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$29
|
||
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.
$380,000
PROJECTED PRICE
$1,770
PROJECTED RENT
0.47%
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
$106,450
LOAN DETAILS
$1,320
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $95,000 |
| Loan Amount | $285,000 |
5.92
YEARS SAVED
$25,479
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,770
LIST RENT -
$0.77
LIST RENT PER SQFT
-
$1,808
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
-
588 W Welsh Black Trail San Tan Valley, AZ 2
- 3 beds 3 baths ∙ 2,289 Sqft ∙ Built 2018 3 beds 3 baths ∙ 2,289 Sqft ∙ Built 2018
- Rent
- Rent Per SQFT
- $1,770
- $0.77
-
34994 N Barzona Trail San Tan Valley, AZ 1
- 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,419 Sqft ∙ Built 2005
LEASED 12/11/20- Rent
- Rent Per SQFT
- $1,695
- $0.70
-
333 W Pelipa Drive San Tan Valley, AZ 3
- 4 beds 3 baths ∙ 2,309 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,309 Sqft ∙ Built 2020
LEASED 07/10/20- Rent
- Rent Per SQFT
- $1,880
- $0.81
-
610 W Belmont Red Trail San Tan Valley, AZ 4
- 4 beds 3 baths ∙ 2,289 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,289 Sqft ∙ Built 2018
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,899
- $0.83
-
300 W Pelipa Drive San Tan Valley, AZ 5
- 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 2019
LEASED 06/10/20- Rent
- Rent Per SQFT
- $1,900
- $0.82
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6195533
Last Updated: 02/20/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
