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6736 S Coffee Flat Trail Gold Canyon, AZ 85118

3 Beds 2 Baths 1,880 sqft Built 2001

$319,000

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2001
  • Price/Sqft : $169.68
  • 2 Days on Market
  • MLS # : 6157685
  • Updated Date : 11/07/2020 at 11:37
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,880 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

This sensational 3 bedroom/2 bathroom Gold Canyon home is like an oasis in the desert with a lovely pool located in the gated Sierra Vista Subdivision. The split floor plan design is great for when you have visiting guests! Freshly painted and new wood flooring. No Carpet! New bathroom faucets and shower heads as well as new tile in Master bath. New Porcelain kitchen sink & Kohler faucet! Reverse osmosis water also! Poolside living with a new built-in outdoor fireplace for enjoying the cool Arizona winter/spring evenings! Pebble tech pool with water feature recently filled with fresh water and new filters. Gorgeous views of the Superstition mountains from this private gated community. Come and see for yourself!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Gold Canyon

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Gold Canyon

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10391981

* 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
Peralta Trail Elementary School Primary Regular 443 25 8
Peralta Trail Elementary School Middle Regular 443 25 8
Apache Junction High School High Regular 1,304 69 3

Peralta Trail Elementary School

  • Education Level: Primary
  • # of students: 443
  • # of teachers: 25
8
GreatSchools Rating

Peralta Trail Elementary School

  • Education Level: Middle
  • # of students: 443
  • # of teachers: 25
8
GreatSchools Rating

Apache Junction High School

  • Education Level: High
  • # of students: 1,304
  • # of teachers: 69
3
GreatSchools Rating
 

$287,100$350,900$319,000

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$1,177
Property Tax -$256
Property Insurance -$64
HOA -$60
Property Management Fees -$99
CASH FLOW
-$166

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.

$319,000

PROJECTED PRICE

$1,490

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,285

INVESTMENT

$90,285

Down Payment
$79,750
Rehab Estimate
$5,750
Closing Costs
$4,785

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,177

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $79,750
Loan Amount $239,250
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$7,903

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,490

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,490

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,3503$1,4004$1,4905$1,695
$1,695
RENT COMPS ANALYSIS
  • 6736 S Coffee Flat Trail Gold Canyon, AZ 4
    • 3 beds 2 baths ∙ 1,880 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,880 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $0.79
    •  
  • 8934 E Civano Drive Gold Canyon, AZ 1
    • 3 beds 2 baths ∙ 1,962 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,962 Sqft ∙ Built 1998
    property image
    LEASED 07/26/09
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.66
    •  
  • 9866 E Stone Circle Lane Gold Canyon, AZ 2
    • 3 beds 2 baths ∙ 1,531 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,531 Sqft ∙ Built 2001
    property image
    LEASED 11/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.88
    •  
  • 9960 E Prospector Drive Gold Canyon, AZ 3
    • 3 beds 2 baths ∙ 1,696 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,696 Sqft ∙ Built 2005
    property image
    LEASED 03/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.83
    •  
  • 10260 E Agua Vista Way Gold Canyon, AZ 5
    • 3 beds 2 baths ∙ 2,123 Sqft ∙ Built 2014 3 beds 2 baths ∙ 2,123 Sqft ∙ Built 2014
    property image
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.80
    •  
PROPERTY LISTING DETAILS
Judy M. Smee
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157685
Last Updated: 11/07/2020
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.

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