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INVESTimate
$330,000
List Price
$93,200
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1978
- Price/Sqft : $257.41
- 2 Days on Market
- MLS # : 6122508
- Updated Date : 08/25/2020 at 17:05
CONSTRUCTION
- Beds : 4
- Floor Size : 1,282 sqft
- Baths : 3 full
Listing Agent
West Usa Realty
Listing Agent's Description
Convenient Tempe location: Freeway 10&60, shopping, restaurants, Kiwanis park- within 2 miles***ASU-under 5 miles**** Unique set up: 3 br 2 bath, plus guest quarters -1 BR/1/BA, wall AC- entrance from the back patio- *** Main AC is 5 yrs old*** Recent updates: New roof -2020; new kitchen cabinets, granite counters, appliances and guest quarters in 2017; MBA and closet added completed 2019; New laminate and tile flooring, popcorn ceiling removed- 2017-2019; New stucco and stone accents -entire exterior; New windows and patio doors - 2016*****Large covered patio w/outdoor kitchen ****RV gates on both sides of house***Extended slab -room to park 4 cars**Carport enclosed into 1 car gar in 2017 **Grassy backyard w/auto sprinklers**Block fence on back sides, wood-at the back-ally access
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PRICE & RENT TRENDS
Neighborhood: Pepperwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pepperwood
* 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 | $1,330 |
EXPENSES | Loan Payment | -$1,218 |
Property Tax | -$217 | |
Property Insurance | -$52 | |
Property Management Fees | -$99 | |
CASH FLOW
-$256
|
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.
$330,000
PROJECTED PRICE
$1,330
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 7.97% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$93,200
LOAN DETAILS
$1,218
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $82,500 |
Loan Amount | $247,500 |
2
YEARS SAVED
$4,994
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,330
LIST RENT -
$1.04
LIST RENT PER SQFT
-
$1,452
COMP ESTIMATED VALUE -
$1.13
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122508
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.