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8261 E Pueblo Avenue 
Mesa, AZ
85208
2 Beds 2 Baths 1,755 sqft
Built 1986
INVESTimate
$234,900
List Price
$67,999
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PROPERTY INFO
FACTS
- Built In 1986
- Price/Sqft : $133.85
- 2 Days on Market
- MLS # : 6122464
- Updated Date : 08/25/2020 at 15:39
CONSTRUCTION
- Beds : 2
- Floor Size : 1,755 sqft
- Baths : 1 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
2 bedroom, 1 3/4 bath property with a single car carport. Updated kitchen, large family room and additional bonus room. Beautiful backyard, large storage room attached to the rear part of the house. Updated HVAC and dual pane windows.Active Adult 55+ Gated Community, FOUNTAIN OF THE SUN! Enjoy this Country Club & Golf Community offering lakes, billiards, top of the line golf course, post office, you name it we have it here! Lots of planned activities, pickle ball, yoga, arts & crafts, card room, shuffleboard, etc. Birdie's restaurant opened daily..
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PRICE & RENT TRENDS
Neighborhood: Fountain of the Sun
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Fountain of the Sun
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$867 |
| Property Tax | -$126 | |
| Property Insurance | -$61 | |
| HOA | -$84 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$223
|
||
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.
$234,900
PROJECTED PRICE
$1,460
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.45% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$67,999
LOAN DETAILS
$867
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $58,725 |
| Loan Amount | $176,175 |
10.42
YEARS SAVED
$41,568
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
-
$1,571
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
8261 E Pueblo Avenue Mesa, 1
- 2 beds 2 baths ∙ 1,755 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,755 Sqft ∙ Built 1986
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2032 S Luther Avenue Mesa, 2
- 2 beds 3 baths ∙ 1,566 Sqft ∙ Built 2003 2 beds 3 baths ∙ 1,566 Sqft ∙ Built 2003
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,395
- $0.89
-
8241 E Medina Avenue Mesa, 3
- 2 beds 2 baths ∙ 1,658 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,658 Sqft ∙ Built 1993
LEASED 08/01/19- Rent
- Rent Per SQFT
- $1,500
- $0.90
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122464
Last Updated: 08/25/2020
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.
