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PROPERTY INFO
FACTS
- Single Family
- Built In 1972
- Price/Sqft : $453.86
- 4 Days on Market
- MLS # : 6175109
- Updated Date : 12/31/2020 at 17:22
CONSTRUCTION
- Beds : 3
- Floor Size : 3,305 sqft
- Baths : 3 full
Listing Agent
Hague Partners
Listing Agent's Description
72 hour home sale!! Stunning Spanish style 3 bedroom 4 bath Paradise Valley home on great lot, and fabulous street . Priced to sell and plans for contemporary new build are offered with purchase - this will not last - schedule your appointment now! Contact Jennifer Michaels 480-450-1626 for more information and details on plans already approved with the town of PV for a contempory build
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PRICE & RENT TRENDS
Neighborhood: Camelback Country Club Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Camelback Country Club Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,580 |
| EXPENSES | Loan Payment | -$5,534 |
| Property Tax | -$711 | |
| Property Insurance | -$92 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$1,856
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.
$1,500,000
PROJECTED PRICE
$4,580
PROJECTED RENT
0.31%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.36% |
| Appreciation Year (1-5) | 5.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.72% |
| 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
$403,250
LOAN DETAILS
$5,534
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $375,000 |
| Loan Amount | $1,125,000 |
0.42
YEARS SAVED
$1,896
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$4,908
COMP ESTIMATED VALUE -
$1.49
COMP AVG. RENT PER SQFT
Comps Range
-
8111 N 64th Place Paradise Valley, AZ 1
- 3 beds 3 baths ∙ 3,305 Sqft ∙ Built 1972 3 beds 3 baths ∙ 3,305 Sqft ∙ Built 1972
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
7500 E Mccormick Parkway #68 Scottsdale, AZ 2
- 3 beds 3 baths ∙ 3,629 Sqft ∙ Built 1981 3 beds 3 baths ∙ 3,629 Sqft ∙ Built 1981
![property image]()
LEASED 01/22/20- Rent
- Rent Per SQFT
- $4,500
- $1.24
-
6814 N 72nd Place Scottsdale, AZ 3
- 4 beds 3 baths ∙ 3,304 Sqft ∙ Built 1972 4 beds 3 baths ∙ 3,304 Sqft ∙ Built 1972
![property image]()
LEASED 06/15/20- Rent
- Rent Per SQFT
- $4,500
- $1.36
-
6722 E Fanfol Drive Paradise Valley, AZ 4
- 4 beds 3 baths ∙ 3,328 Sqft ∙ Built 1977 4 beds 3 baths ∙ 3,328 Sqft ∙ Built 1977
![property image]()
LEASED 12/15/19- Rent
- Rent Per SQFT
- $4,650
- $1.40
-
6301 E Hummingbird Lane Paradise Valley, AZ 5
- 3 beds 3 baths ∙ 3,330 Sqft ∙ Built 1983 3 beds 3 baths ∙ 3,330 Sqft ∙ Built 1983
![property image]()
LEASED 03/24/20- Rent
- Rent Per SQFT
- $6,450
- $1.94
PROPERTY LISTING DETAILS
Hague Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6175109
Last Updated: 12/31/2020
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.
