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717 E Trellis Road San Tan Valley, AZ 85140

3 Beds 2 Baths 1,226 sqft Built 2008

$270,000

List Price

$1,110

$999 - $1.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $220.23
  • 2 Days on Market
  • MLS # : 6203415
  • Updated Date : 03/07/2021 at 03:36
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,226 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

WELCOME HOME! This gorgeous corner lot home is filled with upgrades and character... This gorgeous single level home is MOVE-IN READY and located on OCOTILLO TRAIL Subdivision. Pride of homeownership awaits. Walking distance to nearby schools, parks, close to entertainment, shopping, dining, and more!The home has 3 spacious Bedrooms, and 2 baths just shy of 1300 sf throughout this single story open floor plan. Charming features include tile/carpet, ceiling fans, wood blinds, master bedroom/bath w/ dual sink vanity and an eat-in kitchen w/ breakfast bar. An absolute MUST SEE!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Zip Code: 85140

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
 

$243,000$297,000$270,000

PURCHASE PRICE

$999$1,221$1,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,110
EXPENSES Loan Payment -$938
Property Tax -$144
Property Insurance -$51
HOA -$95
Property Management Fees -$99
CASH FLOW
-$216

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.

$270,000

PROJECTED PRICE

$1,110

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.7%
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$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,300

INVESTMENT

$77,300

Down Payment
$67,500
Rehab Estimate
$5,750
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$938

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,500
Loan Amount $202,500
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$2,536

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,110

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,122

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,110
1$1,1102$1,2953$1,3254$1,3505$1,350
$1,350
RENT COMPS ANALYSIS
  • 717 E Trellis Road San Tan Valley, AZ 1
    • 3 beds 2 baths ∙ 1,226 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,226 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,110
    • $0.91
    •  
  • 866 E Lamonte Street San Tan Valley, AZ 2
    • 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 2002
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.92
    •  
  • 41640 N Ranch Drive San Tan Valley, AZ 3
    • 4 beds 2 baths ∙ 1,506 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,506 Sqft ∙ Built 2005
    property image
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.88
    •  
  • 825 E Lamonte Street #sa San Tan Valley, AZ 4
    • 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 2002
    property image
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.93
    •  
  • 842 E Impreria Street San Tan Valley, AZ 5
    • 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,452 Sqft ∙ Built 2002
    property image
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.93
    •  
PROPERTY LISTING DETAILS
Jasmine Campillo Franco
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203415
Last Updated: 03/07/2021
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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