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PROPERTY INFO
FACTS
- Single Family
- Built In 2013
- Price/Sqft : $229.79
- 2 Days on Market
- MLS # : 6178846
- Updated Date : 01/09/2021 at 00:11
CONSTRUCTION
- Beds : 4
- Floor Size : 3,216 sqft
- Baths : 3 full
Listing Agent
Homesmart
Listing Agent's Description
This beautiful TW Lewis home is located in the GATED community of Sienna at Seville and sits on a PREMIUM lot on the 11th fairway. Find gorgeous mountain views and close proximity to the Seville Golf and Country Club. Fantastic Curb appeal leads to the lovely courtyard and inviting Entry. The Great Room floorplan offers 3216 square feet, 4 large bedrooms, 3 bathrooms, Dining Room and Office/Den. The beautiful upgraded kitchen has staggered Alder cabinetry, stainless appliances, gas cooktop, granite, extended buffet and marble backsplash. Enjoy the beautiful extended patio with travertine pavers and gas fireplace with beautiful golf course and mountain views. Seville Golf and Country Club the prestigious, private world-class 18 hole, resort offers various memberships to include great
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PRICE & RENT TRENDS
Neighborhood: Seville
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Seville
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,010 |
| EXPENSES | Loan Payment | -$2,567 |
| Property Tax | -$516 | |
| Property Insurance | -$90 | |
| HOA | -$21 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$282
|
||
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.
$739,000
PROJECTED PRICE
$3,010
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.2% |
| 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
$201,585
LOAN DETAILS
$2,567
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $184,750 |
| Loan Amount | $554,250 |
3.33
YEARS SAVED
$20,515
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,010
LIST RENT -
$0.94
LIST RENT PER SQFT
-
$2,500
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,750
- $0.81
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6178846
Last Updated: 01/09/2021
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.
