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9615 E Hay Loft Drive Florence, AZ 85132

3 Beds 2 Baths 1,368 sqft Built 2020

$266,110

List Price

$1,160

$1K - $1.3K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $194.52
  • 2 Days on Market
  • MLS # : 6182010
  • Updated Date : 01/16/2021 at 20:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,368 sqft
  • Baths : 2 full
Listing Agent

Drh Properties Inc

Listing Agent's Description

New build already at frame stage! The Aster floor plan is a quaint floor plan with 1,368 square feet, 3 bedrooms, 2 bathrooms and a 2-car garage. The beautiful dining room and great room lead to the covered patio for indoor/outdoor entertainment. This lovely home sits on a corner lot and features granite countertops, post-tension slab, executive height vanities, Smart Home System, two-toned paint, front yard landscaping, ceramic tile, hardwood cabinets, energy star and more!! This community is a hidden gem with private parks and walking paths! Single level home surrounded by all single levels!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85132

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85132

ZipNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Anthem K-8 School Primary Regular 826 37 4
Anthem K-8 School Middle Regular 826 37 4
Anthem K-8 School High Regular 826 37 4

Anthem K-8 School

  • Education Level: Primary
  • # of students: 826
  • # of teachers: 37
4
GreatSchools Rating

Anthem K-8 School

  • Education Level: Middle
  • # of students: 826
  • # of teachers: 37
4
GreatSchools Rating

Anthem K-8 School

  • Education Level: High
  • # of students: 826
  • # of teachers: 37
4
GreatSchools Rating
 

$239,499$292,721$266,110

PURCHASE PRICE

$1,044$1,276$1,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,160
EXPENSES Loan Payment -$924
Property Tax -$140
Property Insurance -$54
HOA -$65
Property Management Fees -$99
CASH FLOW
-$123

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$266,110

PROJECTED PRICE

$1,160

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.8%
Maintenance Year (1-5) 3.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,519

INVESTMENT

$72,519

Down Payment
$66,528
Rehab Estimate
$2,000
Closing Costs
$3,992

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$924

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,528
Loan Amount $199,583
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$6,724

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
  • $1,255

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,1703$1,1954$1,1955$1,450
$1,450
RENT COMPS ANALYSIS
  • 9615 E Hay Loft Drive Florence, AZ 1
    • 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2020 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6761 E Quiet Retreat -- Florence, AZ 2
    • 3 beds 2 baths ∙ 1,281 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,281 Sqft ∙ Built 2003
    LEASED 01/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,170
    • $0.91
    •  
  • 6775 E Shamrock Street Florence, AZ 3
    • 3 beds 2 baths ∙ 1,301 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,301 Sqft ∙ Built 2007
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.92
    •  
  • 6703 E San Tan Way Florence, AZ 4
    • 3 beds 2 baths ∙ 1,218 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,218 Sqft ∙ Built 2005
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.98
    •  
  • 6790 E Shamrock Street Florence, AZ 5
    • 3 beds 2 baths ∙ 1,687 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,687 Sqft ∙ Built 2006
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.86
    •  
PROPERTY LISTING DETAILS
Joseph Paul Ayers
Drh Properties Inc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6182010
Last Updated: 01/16/2021
support@investimateroi.com

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.

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