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9514 W Mariposa Street 
Phoenix, AZ
85037
3 Beds 2 Baths 1,328 sqft
Built 2003
INVESTimate
$230,000
List Price
$66,700
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PROPERTY INFO
FACTS
- Built In 2003
- Price/Sqft : $173.19
- 1 Days on Market
- MLS # : 6122641
- Updated Date : 08/25/2020 at 22:32
CONSTRUCTION
- Beds : 3
- Floor Size : 1,328 sqft
- Baths : 2 full
Listing Agent
Realty One Group
Listing Agent's Description
Location, location, location!!! Property looking for new owner; tile in all the common areas; carpet in bedrooms; near the 101 and Westgate; put on your list to see
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PRICE & RENT TRENDS
Neighborhood: Terracita
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Terracita
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,040 |
| EXPENSES | Loan Payment | -$849 |
| Property Tax | -$142 | |
| Property Insurance | -$53 | |
| HOA | -$52 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$155
|
||
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.
$230,000
PROJECTED PRICE
$1,040
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.52% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$66,700
LOAN DETAILS
$849
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $57,500 |
| Loan Amount | $172,500 |
2.33
YEARS SAVED
$4,451
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,040
LIST RENT -
$0.78
LIST RENT PER SQFT
-
$1,040
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
-
9514 W Mariposa Street Phoenix, 1
- 3 beds 2 baths ∙ 1,328 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,328 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $1,040
- $0.78
-
10430 W Oregon Avenue Glendale, 2
- 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1996
LEASED 03/31/19- Rent
- Rent Per SQFT
- $1,095
- $0.78
-
10435 W Pasadena Avenue Glendale, 3
- 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1997
LEASED 12/23/19- Rent
- Rent Per SQFT
- $1,175
- $0.77
-
10225 W Camelback Road #50 Phoenix, 4
- 3 beds 3 baths ∙ 1,626 Sqft ∙ Built 2013 3 beds 3 baths ∙ 1,626 Sqft ∙ Built 2013
LEASED 03/12/19- Rent
- Rent Per SQFT
- $1,300
- $0.80
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122641
Last Updated: 08/25/2020
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.
