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672 W Welsh Black Trail San Tan Valley, AZ 85143

5 Beds 3 Baths 2,597 sqft Built 2018

$419,900

List Price

$1,820

$1.6K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $161.69
  • 3 Days on Market
  • MLS # : 6200760
  • Updated Date : 03/05/2021 at 14:54
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,597 sqft
  • Baths : 3 full
Listing Agent

Hague Partners

Listing Agent's Description

72 Hour Home Sale!FANTASTIC like new single level home in Circle Cross Ranch boasts 5 bedrooms and 3 full baths! Secondary bedroom upgraded to en suite with walk in closet! Grand entry way leads into spacious open concept floor plan. Beautiful HUGE kitchen island with Quartz countertops makes for great entertaining as well as tons of cabinets for storage! Master bedroom is an expansive retreat with space for a sitting area as well as the master bath with oversized shower and dual sinks. The backyard has a perfectly covered patio with ceiling fan as well as a fully landscaped yard which is great for having some fun in the sun! Green Belt directly in front of house along with walking paths and parks close by!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Zip Code: 85143

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* 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
J. O. Combs Middle School Middle Regular 698 27 4
Combs High School High Regular 1,302 49 3

J. O. Combs Middle School

  • Education Level: Middle
  • # of students: 698
  • # of teachers: 27
4
GreatSchools Rating

Combs High School

  • Education Level: High
  • # of students: 1,302
  • # of teachers: 49
3
GreatSchools Rating
 

$377,910$461,890$419,900

PURCHASE PRICE

$1,638$2,002$1,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,820
EXPENSES Loan Payment -$1,458
Property Tax -$245
Property Insurance -$78
HOA -$50
Property Management Fees -$99
CASH FLOW
-$110

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.

$419,900

PROJECTED PRICE

$1,820

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$117,024

INVESTMENT

$117,024

Down Payment
$104,975
Rehab Estimate
$5,750
Closing Costs
$6,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,458

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $104,975
Loan Amount $314,925
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$16,392

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
  • $1,753

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5753$1,6954$1,7005$1,835
$1,835
RENT COMPS ANALYSIS
  • 672 W Welsh Black Trail San Tan Valley, AZ 1
    • 5 beds 3 baths ∙ 2,597 Sqft ∙ Built 2018 5 beds 3 baths ∙ 2,597 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 34543 N Mirandesa Drive San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,587 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,587 Sqft ∙ Built 2012
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.61
    •  
  • 34994 N Barzona Trail San Tan Valley, AZ 3
    • 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
    •  
  • 35082 N Laredo Drive Queen Creek, AZ 4
    • 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 2014
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.67
    •  
  • 1931 W Desert Spring Way Queen Creek, AZ 5
    • 4 beds 2 baths ∙ 2,535 Sqft ∙ Built 2014 4 beds 2 baths ∙ 2,535 Sqft ∙ Built 2014
    LEASED 04/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,835
    • $0.72
    •  
PROPERTY LISTING DETAILS
David Harvey
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6200760
Last Updated: 03/05/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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