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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $179.03
- 5 Days on Market
- MLS # : 6183155
- Updated Date : 01/20/2021 at 04:12
CONSTRUCTION
- Beds : 3
- Floor Size : 2,508 sqft
- Baths : 3 full
Listing Agent
Tierra Bella Realty
Listing Agent's Description
***NOT FOR RENT*** GUEST SUITE *** GATED COMMUNITY *** 3 CAR GARAGE *** OPEN FLOOR PLAN *** EASY MAINTENANCE YARD *** AGE RESTRICTED COMMUNITY *** So many goodies, too many to list! But I'm tellin' ya, you will want to schedule your visit ASAP!!! This spacious home with easy maintenance front and backyards is what you are looking for. The house has 2 bedrooms and 1.75 baths. The master bedroom has a LARGE walk in closet. There is a bonus room that can be used as an office or a den. The formal dining room is open to the family room and the kitchen has it's own breakfast nook. The guest suite provides a 1 bedroom and 1 bath that is perfect for those out of town guests. There really isn't room here to list all of the goodies here. You really should just come by and take a look for yourself!
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PRICE & RENT TRENDS
Neighborhood: Sun Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun Lakes
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,200 |
EXPENSES | Loan Payment | -$1,560 |
Property Tax | -$315 | |
Property Insurance | -$76 | |
HOA | -$15 | |
Property Management Fees | -$99 | |
CASH FLOW
$135
|
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.
$449,000
PROJECTED PRICE
$2,200
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 5.8% |
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
$124,735
LOAN DETAILS
$1,560
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $112,250 |
Loan Amount | $336,750 |
6.67
YEARS SAVED
$36,896
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
-
$2,376
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Tierra Bella Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6183155
Last Updated: 01/20/2021

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.