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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $156.16
- 4 Days on Market
- MLS # : 6177835
- Updated Date : 01/09/2021 at 01:29
CONSTRUCTION
- Beds : 3
- Floor Size : 1,761 sqft
- Baths : 2 full , 1 half
Listing Agent
A.z. & Associates
Listing Agent's Description
This home is PERFECT and we know you'll agree! Come see this impeccable home located in Tolleson, featuring an open floorplan with new interior paint, beautiful flooring and highly upgraded finishes throughout. In the kitchen you will find gorgeous white cabinets, a farmhouse sink, tile backsplash, an island with a breakfast bar, recessed lighting and stainless-steel appliances. The master bedroom is spacious and features its own bathroom with double sinks, a separate shower and tub and plenty of closet space. The backyard with a covered patio is low maintenance and perfect for entertaining. This home will not last, tour this home today, you will not be disappointed. As if the home isn't perfect enough all appliances are included!
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PRICE & RENT TRENDS
Neighborhood: Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,560 |
| EXPENSES | Loan Payment | -$955 |
| Property Tax | -$178 | |
| Property Insurance | -$62 | |
| HOA | -$18 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$249
|
||
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
$1,560
PROJECTED RENT
0.57%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$78,625
LOAN DETAILS
$955
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $68,750 |
| Loan Amount | $206,250 |
10.17
YEARS SAVED
$40,645
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,560
LIST RENT -
$0.89
LIST RENT PER SQFT
-
$1,585
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
9380 W Payson Road Tolleson, AZ 2
- 3 beds 3 baths ∙ 1,761 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,761 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,560
- $0.89
-
9349 W Miami Street Tolleson, AZ 1
- 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2005
LEASED 09/05/20- Rent
- Rent Per SQFT
- $1,420
- $0.87
-
9715 W Kirby Avenue Tolleson, AZ 3
- 4 beds 2 baths ∙ 1,701 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,701 Sqft ∙ Built 2005
LEASED 04/04/20- Rent
- Rent Per SQFT
- $1,575
- $0.93
-
9201 W Elwood Street Tolleson, AZ 4
- 4 beds 2 baths ∙ 1,765 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,765 Sqft ∙ Built 2005
LEASED 08/11/20- Rent
- Rent Per SQFT
- $1,600
- $0.91
-
9387 W Cordes Road Tolleson, AZ 5
- 3 beds 3 baths ∙ 1,919 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,919 Sqft ∙ Built 2005
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,700
- $0.89
PROPERTY LISTING DETAILS
A.z. & Associates
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6177835
Last Updated: 01/09/2021
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.
