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925 E White Wing Drive Casa Grande, AZ 85122

5 Beds 3 Baths 3,092 sqft Built 2006

$349,900

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $113.16
  • 3 Days on Market
  • MLS # : 6199802
  • Updated Date : 02/28/2021 at 02:30
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,092 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Legacy One

Listing Agent's Description

Step inside this well appointed home with soaring ceiling and spiral staircase with wood banister. The kitchen is open to the family room and adjacent to the formal dining room. There is a full bedroom and bathroom downstairs. Upstairs is a small loft plus four more bedrooms including the master. The master bathroom has a separate tub and shower, dual sinks, and large walk-in closet. NEW carpet and paint throughout.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: McCartney Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $83k309k

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

Neighborhood: McCartney Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Mccartney Ranch Elementary School Primary Regular 714 32 6
Villago Middle School Middle Regular 875 39 6
Casa Grande Union High School High Regular 1,731 69 2

Mccartney Ranch Elementary School

  • Education Level: Primary
  • # of students: 714
  • # of teachers: 32
6
GreatSchools Rating

Villago Middle School

  • Education Level: Middle
  • # of students: 875
  • # of teachers: 39
6
GreatSchools Rating

Casa Grande Union High School

  • Education Level: High
  • # of students: 1,731
  • # of teachers: 69
2
GreatSchools Rating
 

$314,910$384,890$349,900

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$1,215
Property Tax -$248
Property Insurance -$87
HOA -$60
Property Management Fees -$99
CASH FLOW
-$200

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.

$349,900

PROJECTED PRICE

$1,510

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 6.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,474

INVESTMENT

$98,474

Down Payment
$87,475
Rehab Estimate
$5,750
Closing Costs
$5,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,215

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,475
Loan Amount $262,425
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$6,046

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,510

    LIST RENT
  • $0.49

    LIST RENT PER SQFT
  • $1,716

    COMP ESTIMATED VALUE
  • $0.56

    COMP AVG. RENT PER SQFT
Comps Range
$1,510
1$1,5102$1,5953$1,595
$1,595
RENT COMPS ANALYSIS
  • 925 E White Wing Drive Casa Grande, AZ 1
    • 5 beds 3 baths ∙ 3,092 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,092 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.49
    •  
  • 1469 E Avenida Isabela -- Casa Grande, AZ 2
    • 4 beds 3 baths ∙ 2,925 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,925 Sqft ∙ Built 2001
    property image
    LEASED 02/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.55
    •  
  • 583 W Racine Loop Casa Grande, AZ 3
    • 4 beds 3 baths ∙ 2,861 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,861 Sqft ∙ Built 2002
    property image
    LEASED 10/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.56
    •  
PROPERTY LISTING DETAILS
Jennifer Apodaca, Pllc
Keller Williams Legacy One
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199802
Last Updated: 02/28/2021
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.

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