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6518 E Flynn Avenue 
Florence, AZ
85132
4 Beds 3 Baths 2,439 sqft
Built 2006
INVESTimate
$215,000
List Price
$62,725
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PROPERTY INFO
FACTS
- Built In 2006
- Price/Sqft : $88.15
- 2 Days on Market
- MLS # : 6122536
- Updated Date : 08/25/2020 at 17:44
CONSTRUCTION
- Beds : 4
- Floor Size : 2,439 sqft
- Baths : 3 full
Listing Agent
Conway Real Estate
Listing Agent's Description
Beautiful two story property with SOLAR! Clean and bright interior has gorgeous living room w/high ceiling, 4 bed, 3 bath, vaulted ceilings, and large family room off to kitchen w/built-in entertainment center. Fabulous kitchen offers custom cabinets, pantry, high-end appliances, and center island w/breakfast bar. Big master suite comes with a full bath featuring garden tub, double sinks, step-in shower, and spacious walk-in closet. Make time to view this property today!
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PRICE & RENT TRENDS
Zip Code: 85132
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85132
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,190 |
| EXPENSES | Loan Payment | -$793 |
| Property Tax | -$151 | |
| Property Insurance | -$75 | |
| HOA | -$62 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$11
|
||
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.
$215,000
PROJECTED PRICE
$1,190
PROJECTED RENT
0.55%
PROJECTED RENT / PRICE RATIO
| 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
INVESTMENT
$62,725
LOAN DETAILS
$793
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $53,750 |
| Loan Amount | $161,250 |
5.5
YEARS SAVED
$15,072
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,190
LIST RENT -
$0.49
LIST RENT PER SQFT
-
$1,232
COMP ESTIMATED VALUE -
$0.51
COMP AVG. RENT PER SQFT
Comps Range
-
6518 E Flynn Avenue Florence, 4
- 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $1,190
- $0.49
-
23726 N Greer Loop Florence, 1
- 3 beds 3 baths ∙ 2,221 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,221 Sqft ∙ Built 2008
LEASED 03/22/19- Rent
- Rent Per SQFT
- $1,095
- $0.49
-
6593 E Refuge Road Florence, 2
- 4 beds 3 baths ∙ 2,438 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,438 Sqft ∙ Built 2006
LEASED 12/05/19- Rent
- Rent Per SQFT
- $1,100
- $0.45
-
6718 E Stacy Street Florence, 3
- 3 beds 3 baths ∙ 2,221 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,221 Sqft ∙ Built 2006
LEASED 04/06/20- Rent
- Rent Per SQFT
- $1,100
- $0.50
-
6751 E Haven Avenue Florence, 5
- 4 beds 3 baths ∙ 2,221 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,221 Sqft ∙ Built 2004
LEASED 07/01/19- Rent
- Rent Per SQFT
- $1,295
- $0.58
PROPERTY LISTING DETAILS
Conway Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122536
Last Updated: 08/25/2020
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.
