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 2013
- Price/Sqft : $213.80
- 5 Days on Market
- MLS # : 6179532
- Updated Date : 01/16/2021 at 16:08
CONSTRUCTION
- Beds : 3
- Floor Size : 1,964 sqft
- Baths : 2 full
Listing Agent
Hague Partners
Listing Agent's Description
Immaculate home in the coveted Shamrock Estates! This corner lot has a nice view of the community park right across the street. 3 bed, 2 bath with 2 car garage. Walk in to the open concept great room with a beautiful kitchen with plenty of cabinet space along with a pantry. This true split floor plan has 2 nice sized guest bedrooms with a dual sink guest bathroom. Very spacious master bathroom with separate tub and shower as well as walk in closet. Private backyard with extended patio space, home backs up to neighborhood street so no neighbors behind. Mature trees and green grass to let the kids or pets play. RV gate on side of house to store all your toys. Come see this home today!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Shamrock Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Shamrock Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,970 |
| EXPENSES | Loan Payment | -$1,458 |
| Property Tax | -$266 | |
| Property Insurance | -$65 | |
| HOA | -$21 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$60
|
||
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.
$419,900
PROJECTED PRICE
$1,970
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$117,024
LOAN DETAILS
$1,458
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $104,975 |
| Loan Amount | $314,925 |
6
YEARS SAVED
$28,799
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
-
$1,861
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
6251 S Banning Street Gilbert, AZ 1
- 3 beds 2 baths ∙ 1,964 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,964 Sqft ∙ Built 2013
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2988 E Palmdale Lane Gilbert, AZ 2
- 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2011
![property image]()
LEASED 07/24/20- Rent
- Rent Per SQFT
- $1,700
- $0.90
-
2867 E Anika Drive Gilbert, AZ 3
- 4 beds 2 baths ∙ 1,974 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,974 Sqft ∙ Built 2007
![property image]()
LEASED 12/07/20- Rent
- Rent Per SQFT
- $1,725
- $0.87
-
3279 E Morning Star Lane Gilbert, AZ 4
- 3 beds 3 baths ∙ 1,857 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,857 Sqft ∙ Built 2007
![property image]()
LEASED 12/15/20- Rent
- Rent Per SQFT
- $1,850
- $1.00
-
3227 E Virgil Drive Gilbert, AZ 5
- 3 beds 3 baths ∙ 2,147 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,147 Sqft ∙ Built 2010
![property image]()
LEASED 09/04/20- Rent
- Rent Per SQFT
- $2,200
- $1.02
PROPERTY LISTING DETAILS
Hague Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6179532
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
