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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $233.48
- 3 Days on Market
- MLS # : 6196799
- Updated Date : 02/21/2021 at 02:29
CONSTRUCTION
- Beds : 3
- Floor Size : 1,135 sqft
- Baths : 2 full
Listing Agent
Denmar Realty
Listing Agent's Description
COME AND SEE! This 3 bedroom 2 bathroom home is ready for a new owner. This home has been cleaned and has a great location near freeways, hospital and grocery stores. This home is VACANT and AVAILABLE to see anytime. GO AND SHOW BEFORE IT IS TOO LATE!
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PRICE & RENT TRENDS
Neighborhood: Victory at Amberlea
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Victory at Amberlea
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,040 |
| EXPENSES | Loan Payment | -$920 |
| Property Tax | -$166 | |
| Property Insurance | -$49 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$195
|
||
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.
$265,000
PROJECTED PRICE
$1,040
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$75,975
LOAN DETAILS
$920
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $66,250 |
| Loan Amount | $198,750 |
2
YEARS SAVED
$3,382
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
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COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
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8823 W Cypress Street Phoenix, AZ
- 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,135 Sqft ∙ Built 1995
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
PROPERTY LISTING DETAILS
Denmar Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196799
Last Updated: 02/21/2021
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.
