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806 W Blue Ridge Drive San Tan Valley, AZ 85140

5 Beds 4 Baths 3,390 sqft Built 2016

$425,000

List Price

$1,940

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $125.37
  • 4 Days on Market
  • MLS # : 6199034
  • Updated Date : 03/25/2021 at 17:13
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,390 sqft
  • Baths : 3 full , 1 half
Listing Agent

Exp Realty

Listing Agent's Description

Come on in! This 5 bedroom 3 bath home is gorgeous and ready to be moved into. Huge living areas allow for the whole family to be together. A chefs dream kitchen opens up to the family room creating an open layout that allows itself to be the best family spot. 1 bed and full bath downstairs with 4 bedrooms & laundry upstairs. The spacious loft is another amazing living area where the whole family can gather and have fun! The downstairs den offers you a ''in home'' office space. The master bedroom is spacious with an oversized shower and a huge closet! Don't miss out on this amazing home!

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
 

$382,500$467,500$425,000

PURCHASE PRICE

$1,746$2,134$1,940

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,940
EXPENSES Loan Payment -$1,476
Property Tax -$248
Property Insurance -$93
HOA -$71
Property Management Fees -$99
CASH FLOW
-$47

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.

$425,000

PROJECTED PRICE

$1,940

PROJECTED RENT

0.46%

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$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$118,375

INVESTMENT

$118,375

Down Payment
$106,250
Rehab Estimate
$5,750
Closing Costs
$6,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,476

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $106,250
Loan Amount $318,750
See What Happens When You Reinvest Cash Flow

4.83

YEARS SAVED

$21,058

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,940

    LIST RENT
  • $0.57

    LIST RENT PER SQFT
  • $2,085

    COMP ESTIMATED VALUE
  • $0.62

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,7993$1,9404$1,9955$2,049
$2,049
RENT COMPS ANALYSIS
  • 806 W Blue Ridge Drive San Tan Valley, AZ 3
    • 5 beds 4 baths ∙ 3,390 Sqft ∙ Built 2016 5 beds 4 baths ∙ 3,390 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,940
    • $0.57
    •  
  • 38245 N Carolina Avenue San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006
    LEASED 12/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.56
    •  
  • 38213 N Carolina Avenue San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.59
    •  
  • 331 W Mammoth Cave Drive San Tan Valley, AZ 4
    • 5 beds 5 baths ∙ 3,131 Sqft ∙ Built 2019 5 beds 5 baths ∙ 3,131 Sqft ∙ Built 2019
    LEASED 03/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.64
    •  
  • 1051 E Shari Street San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 2006
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,049
    • $0.67
    •  
PROPERTY LISTING DETAILS
Kelly Lyon
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199034
Last Updated: 03/25/2021
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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