Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2013
- Price/Sqft : $137.02
- 2 Days on Market
- MLS # : 6165511
- Updated Date : 11/27/2020 at 23:46
CONSTRUCTION
- Beds : 3
- Floor Size : 1,934 sqft
- Baths : 2 full
Listing Agent
Home Centric Real Estate, Llc
Listing Agent's Description
HONEY STOP THE CAR! This Beautiful 3 Bedroom, 2.5 Bath Home is located in a beautiful community, featuring a Community Pool, Spa, Children's Play Ground, Multiple Parks, Basketball Court, Walking/Biking Paths, & Numerous Ramada's. This Gorgeous Home Includes an Open Floor Plan Great for Entertaining, a Gorgeous Kitchen with a Large Kitchen Island, & Stainless Steel Appliances. Upstairs includes a GINORMOUS Master Suite including a LARGE Walk In Closet, Private Master Bathroom with Large Vanity, Private Toilet Room, Large Soaking Tub, & Walk In Shower. Two Additional Bedrooms, a Bathroom, and Laundry are located Upstairs. Enjoy the close proximity to many Dining & Shopping options, as well as easy access to the freeway! THIS IS A MUST SEE!!!!!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Vinsanto
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Vinsanto
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,430 |
EXPENSES | Loan Payment | -$978 |
Property Tax | -$160 | |
Property Insurance | -$65 | |
HOA | -$120 | |
Property Management Fees | -$99 | |
CASH FLOW
$9
|
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.
$265,000
PROJECTED PRICE
$1,430
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 5.9% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
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
$75,975
LOAN DETAILS
$978
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $66,250 |
Loan Amount | $198,750 |
5.5
YEARS SAVED
$18,236
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
-
$1,538
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Home Centric Real Estate, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165511
Last Updated: 11/27/2020

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.