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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $310.91
- 5 Days on Market
- MLS # : 6164658
- Updated Date : 12/03/2020 at 01:14
CONSTRUCTION
- Beds : 4
- Floor Size : 3,136 sqft
- Baths : 2 full , 1 half
Listing Agent
Responsive Realty
Listing Agent's Description
All of the amenities of DC Ranch such as neighborhood trails, a fitness club, swimming pools, parks, spa, tennis, community centers...plus events at Market Street in addition to shopping at DC Ranch Crossing and Hayden Peak Crossing. Top notch medical facilities nearby. A wonderful community to raise a family in! This move in ready home is located in a gated community sitting on a N/S exposure lot with good privacy. Not only is the community well appointed but so is the home! The outside of the home is very well cared for and newly painted. It includes mature front and backyard landscaping, outdoor lighting, pavers both front and back, private pool and spa, covered back patio with misters, gas outdoor fireplace and bbq in back, dog run area with fenced enclosure on one side of the (cont)
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PRICE & RENT TRENDS
Neighborhood: DC Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: DC Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $4,260 |
| EXPENSES | Loan Payment | -$3,597 |
| Property Tax | -$621 | |
| Property Insurance | -$88 | |
| HOA | -$288 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$434
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.
$975,000
PROJECTED PRICE
$4,260
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.36% |
| Appreciation Year (1-5) | 1.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.72% |
| 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
$264,125
LOAN DETAILS
$3,597
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $243,750 |
| Loan Amount | $731,250 |
2.92
YEARS SAVED
$26,492
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
-
$3,975
COMP ESTIMATED VALUE -
$1.27
COMP AVG. RENT PER SQFT
Comps Range
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- $4,200
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PROPERTY LISTING DETAILS
Responsive Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6164658
Last Updated: 12/03/2020
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.
