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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $189.37
- 1 Days on Market
- MLS # : 6182141
- Updated Date : 01/17/2021 at 01:34
CONSTRUCTION
- Beds : 4
- Floor Size : 1,769 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Absolutely beautiful remodeled 4 Bedroom 2 Bathroom home in a great location ! Close to freeway 101 & I-10, near Westgate Center, Cardinals Football, Hockey,....Shopping and entertainment are within 3 miles radius. This house completely remodeled including new paint exterior and interior, new cabinets for kitchen and bathrooms, granite counter tops with back plash tiles. Open floor plan, master bedroom have a huge master closet, marvelous master bathroom have 2 sinks, separate bath tub and shower tile with frameless glasses. New plumbing fixtures, new lights and fans, new baseboards, new hardware..... New stainless steel appliances.... A lot more to say about this property, you need to see it. Buyer to verify all info: school, material fact, measurements,.... etc. Owner / Agent.
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PRICE & RENT TRENDS
Neighborhood: Sheely Farms
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sheely Farms
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,310 |
| EXPENSES | Loan Payment | -$1,164 |
| Property Tax | -$210 | |
| Property Insurance | -$62 | |
| HOA | -$63 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$287
|
||
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.
$335,000
PROJECTED PRICE
$1,310
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 8.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$94,525
LOAN DETAILS
$1,164
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $83,750 |
| Loan Amount | $251,250 |
1.5
YEARS SAVED
$2,518
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
-
$1,424
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
9304 W Millkweed Loop Phoenix, AZ 1
- 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $0
- $0.00
-
9237 W Milkweed Loop Phoenix, AZ 2
- 3 beds 2 baths ∙ 1,568 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,568 Sqft ∙ Built 2003
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,295
- $0.83
-
9332 W Milkweed Loop Phoenix, AZ 3
- 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003
LEASED 11/20/19- Rent
- Rent Per SQFT
- $1,375
- $0.78
-
9141 W Alvarado Street Phoenix, AZ 4
- 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,395
- $0.79
-
9313 W Milkweed Loop Phoenix, AZ 5
- 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,769 Sqft ∙ Built 2003
LEASED 01/06/20- Rent
- Rent Per SQFT
- $1,450
- $0.82
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6182141
Last Updated: 01/17/2021
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.
