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PROPERTY INFO
FACTS
- Single Family
- Built In 1999
- Price/Sqft : $228.81
- 2 Days on Market
- MLS # : 6195709
- Updated Date : 02/19/2021 at 23:54
CONSTRUCTION
- Beds : 3
- Floor Size : 1,857 sqft
- Baths : 2 full
Listing Agent
Just Selling Az
Listing Agent's Description
Located in highly sought after Superstition Foothills lies this beauty of a home. Three Bedroom + Den/Office, Great Room, Open Island Kitchen AND a 3-Car Garage! Easy care private backyard with fully extended rear patio (beautifully wood-finished) in the perfect orientation for winter sun. Split bedroom wings for owner & guest privacy, Stylish Tile Flooring in Living Areas, Carpet in Bedrooms, Gas Fireplace in GR Media Wall, French Doors to Office/Den. All Appliances Stay, Soft Water & RO, Oodles of Garage Cabinets, Window Tinting to protect your furnishings, and so much more. Easy walking distance to wonderful community center with heated pool/spa. Wonderful home in a great, quiet location away from busy traffic. Come see-you'll love it!
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PRICE & RENT TRENDS
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,710 |
| EXPENSES | Loan Payment | -$1,476 |
| Property Tax | -$332 | |
| Property Insurance | -$63 | |
| HOA | -$16 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$277
|
||
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.
$424,900
PROJECTED PRICE
$1,710
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$118,349
LOAN DETAILS
$1,476
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $106,225 |
| Loan Amount | $318,675 |
2.08
YEARS SAVED
$5,553
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,710
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$1,585
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
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6965 E Hacienda La Noria Lane Gold Canyon, AZ 3
- 3 beds 2 baths ∙ 1,857 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,857 Sqft ∙ Built 1999
- Rent
- Rent Per SQFT
- $1,710
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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
LEASED 07/26/09- Rent
- Rent Per SQFT
- $1,300
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-
6424 E Hacienda La Noria Lane Gold Canyon, AZ 2
- 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 1998
LEASED 03/28/20- Rent
- Rent Per SQFT
- $1,525
- $0.91
-
6815 E Las Animas Trail Gold Canyon, AZ 4
- 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 2000
LEASED 09/23/19- Rent
- Rent Per SQFT
- $1,850
- $0.99
PROPERTY LISTING DETAILS
Just Selling Az
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6195709
Last Updated: 02/19/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
