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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $250.00
- 2 Days on Market
- MLS # : 6165581
- Updated Date : 11/28/2020 at 12:14
CONSTRUCTION
- Beds : 2
- Floor Size : 1,100 sqft
- Baths : 2 full , 1 half
Listing Agent
Paramount Property Services, Llc
Listing Agent's Description
Beautiful and Bright end unit, well maintained and lots of upgrades. The gated entrance, pool and lots of green area make this community a perfect fit for anyone looking for a low maintenance lifestyle. This highly desirable end unit features two master bedrooms, 2.5 bathrooms and a great room. NEW interior paint. Updated kitchen with Samsung stainless steel appliances, granite counter top with and refinished cabinets. All three bathrooms are nicely upgraded. Upgraded textured tile flooring through out, no carpet. This home has a two car garage with lots of room for storage with direct access to the unit. This beautiful gated community features two pools, playground, and is close to the Chandler Mall Shopping and dining district and easy access to Loop 101 & 202.
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PRICE & RENT TRENDS
Neighborhood: Via de Cielo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Via de Cielo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,390 |
EXPENSES | Loan Payment | -$1,015 |
Property Tax | -$160 | |
Property Insurance | -$49 | |
HOA | -$200 | |
Property Management Fees | -$99 | |
CASH FLOW
-$132
|
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.
$275,000
PROJECTED PRICE
$1,390
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 8.3% |
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
$78,625
LOAN DETAILS
$1,015
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $68,750 |
Loan Amount | $206,250 |
2.58
YEARS SAVED
$6,774
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
-
$1,383
COMP ESTIMATED VALUE -
$1.26
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Paramount Property Services, Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165581
Last Updated: 11/28/2020

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.