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

6069 E Oasis Boulevard Florence, AZ 85132

4 Beds 3 Baths 1,576 sqft Built 2015

INVESTimate

$195,000

List Price

$1,200

$1,080 - $1,320

Rent Est.

$212,101  ( +8.77%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2015
  • Price/Sqft : $123.73
  • 2 Days on Market
  • MLS # : 6122192
  • Updated Date : 08/25/2020 at 16:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,576 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

This home has been gently lived in. Great upgrade including tile, granite, cabinets, appliances etc! Home features Solar lease at only $61 per month! Save on electric. 4 bedrooms upstairs including large master with walk in closet. Laundry is upstairs for your convenience. Low maintenance front and back yard. Water softner system and reverse osmosis drinking water. Eat in KitchenGet ready to call this home.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85132

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Zip Code: 85132

ZipNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Anthem K-8 School Primary Regular 826 37 4
Anthem K-8 School Middle Regular 826 37 4
Anthem K-8 School High Regular 826 37 4

Anthem K-8 School

  • Education Level: Primary
  • # of students: 826
  • # of teachers: 37
4
GreatSchools Rating

Anthem K-8 School

  • Education Level: Middle
  • # of students: 826
  • # of teachers: 37
4
GreatSchools Rating

Anthem K-8 School

  • Education Level: High
  • # of students: 826
  • # of teachers: 37
4
GreatSchools Rating
 

$175,500$214,500$195,000

PURCHASE PRICE

$1,080$1,320$1,200

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,200
EXPENSES Loan Payment -$719
Property Tax -$124
Property Insurance -$58
HOA -$52
Property Management Fees -$99
CASH FLOW
$148

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.

$195,000

PROJECTED PRICE

$1,200

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.77%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$57,425

INVESTMENT

$57,425

Down Payment
$48,750
Rehab Estimate
$5,750
Closing Costs
$2,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$719

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $48,750
Loan Amount $146,250
See What Happens When You Reinvest Cash Flow

9.25

YEARS SAVED

$28,843

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
  • $1,332

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2503$1,2504$1,2955$1,495
$1,495
RENT COMPS ANALYSIS
  • 6069 E Oasis Boulevard Florence, 1
    • 3 beds 3 baths ∙ 1,576 Sqft ∙ Built 2015 3 beds 3 baths ∙ 1,576 Sqft ∙ Built 2015
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 24041 N Nectar Avenue Florence, 2
    • 4 beds 2 baths ∙ 1,521 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,521 Sqft ∙ Built 2007
    property image
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.82
    •  
  • 6135 E Oasis Boulevard Florence, 3
    • 4 beds 3 baths ∙ 1,576 Sqft ∙ Built 2015 4 beds 3 baths ∙ 1,576 Sqft ∙ Built 2015
    property image
    LEASED 03/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.79
    •  
  • 23764 N Desert Agave Street Florence, 4
    • 4 beds 3 baths ∙ 1,576 Sqft ∙ Built 2008 4 beds 3 baths ∙ 1,576 Sqft ∙ Built 2008
    property image
    LEASED 06/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.82
    •  
  • 23878 N Greer Loop Florence, 5
    • 3 beds 3 baths ∙ 1,575 Sqft ∙ Built 2010 3 beds 3 baths ∙ 1,575 Sqft ∙ Built 2010
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.95
    •  
PROPERTY LISTING DETAILS
Dani Miller
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6122192
Last Updated: 08/25/2020
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