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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $154.66
- 2 Days on Market
- MLS # : 6174627
- Updated Date : 12/26/2020 at 13:02
CONSTRUCTION
- Beds : 4
- Floor Size : 2,166 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
Ready to make the West Valley home? This gorgeous single family home is located minutes away from the 101 and West Gate Entertainment District! Step into this bright floor plan with plenty of windows for natural light! Brand new upgraded carpets through out! The kitchen features custom honey maple cabinets with granite counter tops. Step into the backyard through french doors to enjoy your own backyard oasis with hand built planter boxes and a well built storage shed for all your tools. Home Features and RV gate for easy access to the back yard as well as a 3 car garage with insulated garage doors! Master bedroom has an ensuite bathroom with dual vanity and large walk in closet! 3 additional bedrooms are great size with new carpet and ceiling fans. Home has a Trane 18 Seers unit!!
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PRICE & RENT TRENDS
Neighborhood: North Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,790 |
EXPENSES | Loan Payment | -$1,236 |
Property Tax | -$205 | |
Property Insurance | -$69 | |
HOA | -$35 | |
Property Management Fees | -$99 | |
CASH FLOW
$146
|
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.
$335,000
PROJECTED PRICE
$1,790
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 9.3% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.24% |
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
$94,525
LOAN DETAILS
$1,236
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $83,750 |
Loan Amount | $251,250 |
7.83
YEARS SAVED
$40,043
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,790
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,879
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174627
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.