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

900 E Desert Rose Trail San Tan Valley, AZ 85143

4 Beds 3 Baths 2,668 sqft Built 2005

$299,900

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $112.41
  • 1 Days on Market
  • MLS # : 6207130
  • Updated Date : 03/14/2021 at 01:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,668 sqft
  • Baths : 2 full , 1 half
Listing Agent

Denman Realty Group, L.l.c

Listing Agent's Description

Beautiful 2-story 4 bedroom 2.5 bath home in Johnson Ranch. Home has large gourmet kitchen downstairs with island, extra cabinetry & gas range. Laundry room & large pantry area between kitchen & 2-car garage. Home has family room off kitchen as well as formal living room and powder room downstairs. Carpeted stairs with attractive wood railing lead to 2nd story where home has large bonus/game room and all bedrooms. Owner suite has large bedroom, walk-in closet & owner bath with separate tub & shower. Backyard has covered patio & generous yard with with grass. Home is part of the Johnson Ranch Community with children's playground, tennis courts & 3 community pools & spa. Community also has biking & walking paths. Home is close to Fry's Food Store. Home is tenant occupied until 11/30/2021

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Johnson Ranch

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Johnson Ranch

ZipNIR Market*CityMarket2010Year20002019 Q210501100115012001250130013501400145015001550Rent in $10181567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Poston Butte High School High Regular 1,801 79 4

Poston Butte High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 79
4
GreatSchools Rating
 

$269,910$329,890$299,900

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,042
Property Tax -$158
Property Insurance -$79
HOA -$22
Property Management Fees -$99
CASH FLOW
$120

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$299,900

PROJECTED PRICE

$1,520

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

7.58

YEARS SAVED

$29,260

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
  • $1,627

    COMP ESTIMATED VALUE
  • $0.61

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4753$1,5754$1,6005$1,745
$1,745
RENT COMPS ANALYSIS
  • 900 E Desert Rose Trail San Tan Valley, AZ 1
    • 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 811 E Dust Devil Circle San Tan Valley, AZ 2
    • 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2005
    property image
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.55
    •  
  • 435 E Mountain View Road San Tan Valley, AZ 3
    • 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,678 Sqft ∙ Built 2002
    property image
    LEASED 05/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.59
    •  
  • 1336 E Desert Holly Drive San Tan Valley, AZ 4
    • 5 beds 3 baths ∙ 2,504 Sqft ∙ Built 2007 5 beds 3 baths ∙ 2,504 Sqft ∙ Built 2007
    property image
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.64
    •  
  • 356 E Shawnee Road San Tan Valley, AZ 5
    • 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,659 Sqft ∙ Built 2003
    property image
    LEASED 02/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,745
    • $0.66
    •  
PROPERTY LISTING DETAILS
Wade Denman
Denman Realty Group, L.l.c
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6207130
Last Updated: 03/14/2021
support@investimateroi.com

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.

BESbswy