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PROPERTY INFO
FACTS
- Single Family
- Built In 1988
- Price/Sqft : $165.00
- 27 Days on Market
- MLS # : 6171519
- Updated Date : 12/29/2020 at 11:46
CONSTRUCTION
- Beds : 3
- Floor Size : 1,710 sqft
- Baths : 2 full
Listing Agent
Hawkins & Associates Realty, Inc.
Listing Agent's Description
HERE'S YOUR CHANCE! To own a beautiful home located near the AZ City golf course. Step inside to a open flrplan w/ huge living room which incls a gorgeous stone fireplace & formal dining area. Upgraded kitchen incls granite counters, upgraded faucet, ceramic top stove, built in micro + refrigerator. Split BR plan w/ master having a separate entrance to the Arizona Room, upgraded mba w/new ceramic wood look flooring, new vanity & shower plus a walk-in closet. Ceramic tile flooring in other 2 bedrooms, wood laminate in the rest of home except MBR has carpet. Beautiful pavers frt. & extensive back patios, walk ways. Exceptionally landscaped back yard plus an 8 person Cantabria Cool Zone Spa.. Add newer roof, gutters, 2 HVAC heat pumps, waterfalls, 240 outlet garage, new driveway, NO HOA!
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PRICE & RENT TRENDS
Zip Code: 85123
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85123
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $970 |
| EXPENSES | Loan Payment | -$980 |
| Property Tax | -$165 | |
| Property Insurance | -$61 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$335
|
||
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.
$282,150
PROJECTED PRICE
$970
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 11.4% |
| 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
$80,520
LOAN DETAILS
$980
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $70,538 |
| Loan Amount | $211,613 |
0.42
YEARS SAVED
$395
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,055
COMP ESTIMATED VALUE -
$0.62
COMP AVG. RENT PER SQFT
Comps Range
-
9531 W Debbie Lane Arizona City, AZ 1
- 3 beds 2 baths ∙ 1,710 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,710 Sqft ∙ Built 1988
- Rent
- Rent Per SQFT
- $0
- $0.00
-
13211 S Kin Circle #a Arizona City, AZ 2
- 3 beds 3 baths ∙ 1,422 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,422 Sqft ∙ Built 2005
LEASED 08/15/19- Rent
- Rent Per SQFT
- $799
- $0.56
-
9072 W Oneida Drive Arizona City, AZ 3
- 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2001
LEASED 02/21/20- Rent
- Rent Per SQFT
- $895
- $0.65
-
8569 W Raven Drive Arizona City, AZ 4
- 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 2005
LEASED 10/10/19- Rent
- Rent Per SQFT
- $925
- $0.64
PROPERTY LISTING DETAILS
Hawkins & Associates Realty, Inc.
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6171519
Last Updated: 12/29/2020
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.
