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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $234.70
- 2 Days on Market
- MLS # : 6174308
- Updated Date : 12/26/2020 at 13:31
CONSTRUCTION
- Beds : 2
- Floor Size : 1,363 sqft
- Baths : 2 full
Listing Agent
Delex Realty
Listing Agent's Description
GATED UPGRADED/UPDATED FURNISHED 2 BEDROOM PLUS DEN, 2 BATH HOME W/ SUPERSTITION MOUNTAIN VIEWS & ACCESS TO PERALTA POOL. 2020 HOT TUB, 2020WASHER/DRYER, 2020 BEDROOM/CLOSET TILE (ALL FLOORING NOW TILE), 2019 HVAC SYSTEM (18 SEER), 2018 H20 WHOLE HOUSE WATER SYSTEM, 2017 GRANITECOUNTER TOPS, 2017 STAINLESS APPLIANCES, 2016 SIDE PAVERS, PORCH ROOF & RAIN GUTTERS, 2015 WATER HEATER, GARAGE EPOXY FLOOR & GARAGE CABINETS.MASTER SUITE BOASTS BAY WINDOW & CUSTOM WALK-IN SHOWER. CUSTOMIZED KITCHEN FEATURES TABLE HEIGHT GRANITE BREAKFAST BAR, STAINLESS APPLIANCES &PULL-OUT SHELVING. BACKYARD PRESENTS PAVER PATIO, EASY CARE TURF, VIEW FENCING BACKING HUGE NATURAL WASH & SUPERSTITION MTN VIEWS. ACCESS TOPERALTA TRAILS POOL & EXERCISE FACILITY. FURNITURE CONVEYS VIA SEP CONTRACT FOR $1.
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PRICE & RENT TRENDS
Zip Code: 85118
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85118
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,300 |
EXPENSES | Loan Payment | -$1,180 |
Property Tax | -$250 | |
Property Insurance | -$54 | |
HOA | -$55 | |
Property Management Fees | -$99 | |
CASH FLOW
-$338
|
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.
$319,900
PROJECTED PRICE
$1,300
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 4.7% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
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
$90,524
LOAN DETAILS
$1,180
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $79,975 |
Loan Amount | $239,925 |
0.67
YEARS SAVED
$1,125
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,300
LIST RENT -
$0.95
LIST RENT PER SQFT
-
$1,145
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Delex Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174308
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.