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794 E Christopher Street San Tan Valley, AZ 85140

4 Beds 3 Baths 2,561 sqft Built 2005

$295,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $115.19
  • 1 Days on Market
  • MLS # : 6207123
  • Updated Date : 03/14/2021 at 01:10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,561 sqft
  • Baths : 2 full , 1 half
Listing Agent

Denman Realty Group, L.l.c

Listing Agent's Description

Beautiful 4 bedroom plus den and loft with 2.5 bath home that backs to the Links golf course. This home has plenty of room to spread out with a formal living room, family room, kitchen, den & half bath down stairs. Upstairs has owner suite, laundry, 3 additional bedrooms, hall bath & loft area. Tile & carpet throughout. Kitchen enjoys abundant cabinetry & counter space with large island and walk-in pantry. Two tone paint, neutral colors through out the entire home! Covered patio in back with rock planter areas separated by concrete border and area for grass. Views of the Superstition Mountains and the Links golf course from the owner bedroom. Front yard is desert landscape for low maintenance. Home is tenant occupied until 4/30/21 and photos were taken before tenant moved in.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pecan Creek

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Pecan Creek

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
 

$265,500$324,500$295,000

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,025
Property Tax -$172
Property Insurance -$77
HOA -$48
Property Management Fees -$99
CASH FLOW
$99

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.

$295,000

PROJECTED PRICE

$1,520

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.9%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,925

INVESTMENT

$83,925

Down Payment
$73,750
Rehab Estimate
$5,750
Closing Costs
$4,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,025

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,750
Loan Amount $221,250
See What Happens When You Reinvest Cash Flow

7.33

YEARS SAVED

$26,383

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
  • $1,671

    COMP ESTIMATED VALUE
  • $0.65

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5953$1,5954$1,5955$1,645
$1,645
RENT COMPS ANALYSIS
  • 794 E Christopher Street San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 836 E Christopher Street San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2004
    property image
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.62
    •  
  • 39471 N Carolina Avenue San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,560 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,560 Sqft ∙ Built 2005
    property image
    LEASED 09/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.62
    •  
  • 39592 N George Way San Tan Valley, AZ 4
    • 4 beds 3 baths ∙ 2,279 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,279 Sqft ∙ Built 2005
    property image
    LEASED 01/29/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.70
    •  
  • 1921 E Andalusian Loop San Tan Valley, AZ 5
    • 3 beds 3 baths ∙ 2,441 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,441 Sqft ∙ Built 2004
    property image
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,645
    • $0.67
    •  
PROPERTY LISTING DETAILS
Wade Denman
Denman Realty Group, L.l.c
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6207123
Last Updated: 03/14/2021
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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