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PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $129.66
- 1 Days on Market
- MLS # : 6174712
- Updated Date : 12/26/2020 at 19:47
CONSTRUCTION
- Beds : 4
- Floor Size : 1,851 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty Phoenix
Listing Agent's Description
Check out this light, bright, and airy 2018 home! Practically brand new with premium espresso stained cabinets in the Kitchen w/ Island and Breakfast Bar. Features 4 bedrooms 2 bathrooms and a Generous Master Closet. Hang out on your covered patio as you turn the backyard into your very own Oasis. Book your showing today, this one won't last long!
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PRICE & RENT TRENDS
Neighborhood: Desert Sky Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Desert Sky Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,450 |
EXPENSES | Loan Payment | -$886 |
Property Tax | -$190 | |
Property Insurance | -$63 | |
HOA | -$50 | |
Property Management Fees | -$99 | |
CASH FLOW
$163
|
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.
$240,000
PROJECTED PRICE
$1,450
PROJECTED RENT
0.60%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 6.4% |
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
$69,350
LOAN DETAILS
$886
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $60,000 |
Loan Amount | $180,000 |
8.67
YEARS SAVED
$33,151
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
-
$1,333
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Keller Williams Realty Phoenix
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174712
Last Updated: 12/26/2020

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.