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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $166.51
- 2 Days on Market
- MLS # : 6173032
- Updated Date : 12/18/2020 at 19:08
CONSTRUCTION
- Beds : 3
- Floor Size : 1,681 sqft
- Baths : 2 full
Listing Agent
Momentum Brokers Llc
Listing Agent's Description
3 bedroom plus a den with 2 baths on a corner lot. Seller willing to provide Carpet and Paint ALLOWANCE. Wide open great room floorplan with tile throughout. Kitchen features upgraded cabinets and appliances with an island and large dining area. Master bedroom includes gorgeous bath with double sinks, separate tub and shower as well as a walk-in closet.
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PRICE & RENT TRENDS
Neighborhood: Hurley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Hurley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$1,033 |
| Property Tax | -$181 | |
| Property Insurance | -$60 | |
| HOA | -$69 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$18
|
||
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.
$279,900
PROJECTED PRICE
$1,460
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 5.1% |
| 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
$79,924
LOAN DETAILS
$1,033
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $69,975 |
| Loan Amount | $209,925 |
5.67
YEARS SAVED
$20,854
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.87
LIST RENT PER SQFT
-
$1,488
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
8827 W Payson Road Tolleson, AZ 4
- 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2007
- Rent
- Rent Per SQFT
- $1,460
- $0.87
-
9007 W Hess Street Tolleson, AZ 1
- 4 beds 2 baths ∙ 1,604 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,604 Sqft ∙ Built 2004
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,395
- $0.87
-
8913 W Hess Street Tolleson, AZ 2
- 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,604 Sqft ∙ Built 2004
LEASED 02/17/20- Rent
- Rent Per SQFT
- $1,395
- $0.87
-
8516 W Riley Road Tolleson, AZ 3
- 4 beds 2 baths ∙ 1,602 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,602 Sqft ∙ Built 2005
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,400
- $0.87
-
9018 W Gibson Lane Tolleson, AZ 5
- 4 beds 2 baths ∙ 1,604 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,604 Sqft ∙ Built 2005
LEASED 08/14/20- Rent
- Rent Per SQFT
- $1,495
- $0.93
PROPERTY LISTING DETAILS
Momentum Brokers Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173032
Last Updated: 12/18/2020
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.
