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PROPERTY INFO
FACTS
- Single Family
- Built In 1992
- Price/Sqft : $196.12
- 6 Days on Market
- MLS # : 6191700
- Updated Date : 02/10/2021 at 18:05
CONSTRUCTION
- Beds : 3
- Floor Size : 2,345 sqft
- Baths : 2 full , 1 half
Listing Agent
Homie
Listing Agent's Description
Well kept home nestled in Mountain Brook Village a highly sought-after St. Andrew floor plan awaits your arrival. Large open floor plan concept with cathedral ceilings. The great room features the famous wall of windows! Large primary suite with bay windows perfect for a seating area. Beautiful large master suite with dual sinks, new 36'' high cabinetry, large walk-in closet, shower and a private commode room. The backyard has lush landscaping with all natural views with no adjacent neighbors.
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PRICE & RENT TRENDS
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,080 |
| EXPENSES | Loan Payment | -$1,597 |
| Property Tax | -$360 | |
| Property Insurance | -$73 | |
| HOA | -$7 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$56
|
||
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.
$459,900
PROJECTED PRICE
$2,080
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.8% |
| 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
$127,624
LOAN DETAILS
$1,597
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $114,975 |
| Loan Amount | $344,925 |
4.5
YEARS SAVED
$20,656
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,337
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
8557 E Aloe Drive #86 Gold Canyon, AZ 1
- 3 beds 3 baths ∙ 2,345 Sqft ∙ Built 1992 3 beds 3 baths ∙ 2,345 Sqft ∙ Built 1992
- Rent
- Rent Per SQFT
- $0
- $0.00
-
4247 S Cordia Court Gold Canyon, AZ 2
- 3 beds 2 baths ∙ 2,218 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,218 Sqft ∙ Built 2002
LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,200
- $0.99
-
9440 E Mogollon Trail Gold Canyon, AZ 3
- 3 beds 2 baths ∙ 2,394 Sqft ∙ Built 1994 3 beds 2 baths ∙ 2,394 Sqft ∙ Built 1994
LEASED 09/20/19- Rent
- Rent Per SQFT
- $2,300
- $0.96
-
4324 S Primrose Drive Gold Canyon, AZ 4
- 3 beds 2 baths ∙ 2,300 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,300 Sqft ∙ Built 2002
LEASED 06/01/20- Rent
- Rent Per SQFT
- $2,395
- $1.04
PROPERTY LISTING DETAILS
Homie
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6191700
Last Updated: 02/10/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
