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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $149.57
- 3 Days on Market
- MLS # : 6199565
- Updated Date : 02/26/2021 at 19:32
CONSTRUCTION
- Beds : 4
- Floor Size : 3,510 sqft
- Baths : 2 full , 1 half
Listing Agent
West Usa Realty
Listing Agent's Description
This home is perfect for family gatherings and entertaining. Upon entry, you will be greeted by the formal living and dining room. The spacious kitchen offers an island, plenty of cabinetry, and is open to the family room that features a beautiful propane fed fireplace. Also included off of kitchen is large walk-in pantry.Downstairs also has an amazing den/office with custom built ins. The large loft upstairs is a very nice separate living space. Bedrooms are large & have walk in closets. The full bath upstairs has double sinks and a half bath on the main floor. The master retreat offers an en suite with double sinks, separate shower & garden tub,large walk in closet. The backyard features plenty of space for entertaining, Buyer to verify pertinent information.
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PRICE & RENT TRENDS
Neighborhood: Dove Valley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Dove Valley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,540 |
| EXPENSES | Loan Payment | -$1,824 |
| Property Tax | -$357 | |
| Property Insurance | -$96 | |
| HOA | -$52 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$113
|
||
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.
$525,000
PROJECTED PRICE
$2,540
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.2% |
| 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
$144,875
LOAN DETAILS
$1,824
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $131,250 |
| Loan Amount | $393,750 |
6.33
YEARS SAVED
$38,434
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
-
$3,071
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
-
9024 W Yukon Drive Peoria, AZ 1
- 4 beds 3 baths ∙ 3,510 Sqft ∙ Built 2001 4 beds 3 baths ∙ 3,510 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $0
- $0.00
-
7584 W Firebird Drive Glendale, AZ 2
- 4 beds 4 baths ∙ 3,395 Sqft ∙ Built 2012 4 beds 4 baths ∙ 3,395 Sqft ∙ Built 2012
LEASED 11/23/19- Rent
- Rent Per SQFT
- $2,950
- $0.87
-
19012 N 78th Lane Glendale, AZ 3
- 4 beds 3 baths ∙ 3,507 Sqft ∙ Built 1995 4 beds 3 baths ∙ 3,507 Sqft ∙ Built 1995
LEASED 10/01/20- Rent
- Rent Per SQFT
- $3,100
- $0.88
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6199565
Last Updated: 02/26/2021
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.
