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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $173.61
- 2 Days on Market
- MLS # : 6183535
- Updated Date : 01/30/2021 at 10:08
CONSTRUCTION
- Beds : 4
- Floor Size : 1,728 sqft
- Baths : 2 full
Listing Agent
Century 21 Arizona Foothills
Listing Agent's Description
Great opportunity to own a home with no neighbor behind or to the west of you! This 4 bedroom 2 bath home in Tolleson, sits next to a park with a walking path that spans the community. The view of the mountains is beautiful from your back patio through the view fencing. Open floor plan with the kitchen peninsula looking into the dining area and family room. The exterior was painted the first week of January. Please look past the boxes as they are in the process of packing!
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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 | $1,380 |
| EXPENSES | Loan Payment | -$1,042 |
| Property Tax | -$194 | |
| Property Insurance | -$61 | |
| HOA | -$18 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$34
|
||
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.
$300,000
PROJECTED PRICE
$1,380
PROJECTED RENT
0.46%
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
$85,250
LOAN DETAILS
$1,042
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $75,000 |
| Loan Amount | $225,000 |
4.83
YEARS SAVED
$14,702
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
-
$1,555
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
9553 W Heber Road Tolleson, AZ 1
- 4 beds 2 baths ∙ 1,728 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,728 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3421 S 95th Drive Tolleson, AZ 2
- 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 2004
LEASED 02/12/20- Rent
- Rent Per SQFT
- $1,295
- $0.84
-
9349 W Miami Street Tolleson, AZ 3
- 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 4
- 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
-
3402 S 96th Avenue Tolleson, AZ 5
- 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2004
LEASED 10/26/20- Rent
- Rent Per SQFT
- $1,650
- $0.96
PROPERTY LISTING DETAILS
Century 21 Arizona Foothills
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6183535
Last Updated: 01/30/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
