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PROPERTY INFO
FACTS
- Single Family
- Built In 1979
- Price/Sqft : $215.46
- 4 Days on Market
- MLS # : 6192729
- Updated Date : 02/11/2021 at 15:07
CONSTRUCTION
- Beds : 4
- Floor Size : 1,624 sqft
- Baths : 2 full
Listing Agent
Epic Home Realty
Listing Agent's Description
This newly remodeled home is a must see! The kitchen is GORGEOUS with all new cabinets, granite counter tops, new sink, faucet, disposal, dishwasher, microwave and lighting. New flooring throughout, new interior and exterior paint, new water supply valves, all new electric receptacles and light switches throughout. Completely remodeled master bath and so much more! It sits on a large lot with a large RV gate and room for parking in the back with plenty of room for you to add your personal touches. This home is move-in ready with NO HOA! WELCOME HOME!
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PRICE & RENT TRENDS
Neighborhood: Sahuaro
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sahuaro
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,380 |
EXPENSES | Loan Payment | -$1,215 |
Property Tax | -$187 | |
Property Insurance | -$59 | |
Property Management Fees | -$99 | |
CASH FLOW
-$180
|
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.
$349,900
PROJECTED PRICE
$1,380
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 7.5% |
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
$98,474
LOAN DETAILS
$1,215
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $87,475 |
Loan Amount | $262,425 |
3.17
YEARS SAVED
$8,711
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
-
$1,380
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Epic Home Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6192729
Last Updated: 02/11/2021

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.