Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1968
- Price/Sqft : $217.52
- 2 Days on Market
- MLS # : 6197127
- Updated Date : 02/20/2021 at 19:38
CONSTRUCTION
- Beds : 4
- Floor Size : 1,678 sqft
- Baths : 2 full
Listing Agent
Diaz Realty
Listing Agent's Description
Unbelievable Updated Home!! Huge Cul-De-Sac Homesite.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Villa Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Villa Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,510 |
| EXPENSES | Loan Payment | -$1,268 |
| Property Tax | -$237 | |
| Property Insurance | -$60 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$154
|
||
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.
$365,000
PROJECTED PRICE
$1,510
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 9.1% |
| 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
$102,475
LOAN DETAILS
$1,268
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $91,250 |
| Loan Amount | $273,750 |
3.25
YEARS SAVED
$9,745
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
-
$1,531
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
-
8620 S 16th Place Phoenix, AZ 1
- 4 beds 2 baths ∙ 1,678 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,678 Sqft ∙ Built 1968
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
8439 S 9th Place Phoenix, AZ 2
- 4 beds 2 baths ∙ 1,682 Sqft ∙ Built 1982 4 beds 2 baths ∙ 1,682 Sqft ∙ Built 1982
![property image]()
LEASED 04/29/20- Rent
- Rent Per SQFT
- $1,445
- $0.86
-
6447 S 17th Place Phoenix, AZ 3
- 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 1982
![property image]()
LEASED 12/21/19- Rent
- Rent Per SQFT
- $1,495
- $0.90
-
7061 S 14th Street Phoenix, AZ 4
- 4 beds 2 baths ∙ 1,944 Sqft ∙ Built 1987 4 beds 2 baths ∙ 1,944 Sqft ∙ Built 1987
![property image]()
LEASED 08/03/20- Rent
- Rent Per SQFT
- $1,749
- $0.90
-
1101 E Beautiful Lane Phoenix, AZ 5
- 3 beds 2 baths ∙ 1,811 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,811 Sqft ∙ Built 1962
![property image]()
LEASED 08/25/20- Rent
- Rent Per SQFT
- $1,800
- $0.99
PROPERTY LISTING DETAILS
Diaz Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197127
Last Updated: 02/20/2021
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.
