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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $239.35
- 5 Days on Market
- MLS # : 6177507
- Updated Date : 01/07/2021 at 16:33
CONSTRUCTION
- Beds : 3
- Floor Size : 1,253 sqft
- Baths : 2 full
Listing Agent
Delex Realty
Listing Agent's Description
Beautiful furnished and updated 3 Bedroom, 2 bath home located in gated community of Sierra Vista . This Great Room Floor Plan features: New designer paint inside and out, New flooring, Newer AC, New Flagstone patio and so much more. You have open views of the Superstition Mountains and surrounding desert with no homes in front or back. The Gold Canyon area offers Hiking, Biking and Motor Sport trails in the amazing Superstition Mountains just minutes from your door with Lake and River activities close by for boating and fishing. Don't miss out on this home and see it today. Selected furniture and appliances will convey on a separate bill of sale.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Gold Canyon
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,320 |
| EXPENSES | Loan Payment | -$1,042 |
| Property Tax | -$235 | |
| Property Insurance | -$52 | |
| HOA | -$60 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$167
|
||
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.
$299,900
PROJECTED PRICE
$1,320
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.8% |
| 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
$85,224
LOAN DETAILS
$1,042
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $74,975 |
| Loan Amount | $224,925 |
2.33
YEARS SAVED
$5,032
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,320
LIST RENT -
$1.05
LIST RENT PER SQFT
-
$1,247
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
9027 E Rainier Drive Gold Canyon, AZ 3
- 3 beds 2 baths ∙ 1,253 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,253 Sqft ∙ Built 2001
![property image]()
- Rent
- Rent Per SQFT
- $1,320
- $1.05
-
5777 S Jacaranda Road #c Gold Canyon, AZ 1
- 3 beds 2 baths ∙ 1,232 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,232 Sqft ∙ Built 1997
![property image]()
LEASED 12/23/20- Rent
- Rent Per SQFT
- $1,149
- $0.93
-
9560 E Placer Drive Gold Canyon, AZ 2
- 3 beds 2 baths ∙ 1,381 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,381 Sqft ∙ Built 1999
![property image]()
LEASED 06/12/20- Rent
- Rent Per SQFT
- $1,295
- $0.94
-
9161 E Rainier Drive Gold Canyon, AZ 4
- 3 beds 2 baths ∙ 1,384 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,384 Sqft ∙ Built 2002
![property image]()
LEASED 06/02/20- Rent
- Rent Per SQFT
- $1,475
- $1.07
-
9243 E Shasta Drive Gold Canyon, AZ 5
- 3 beds 2 baths ∙ 1,441 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,441 Sqft ∙ Built 2002
![property image]()
LEASED 12/15/20- Rent
- Rent Per SQFT
- $1,500
- $1.04
PROPERTY LISTING DETAILS
Delex Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6177507
Last Updated: 01/07/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
