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10556 E Tarragon Avenue 
Mesa, AZ
85212
4 Beds 4 Baths 2,762 sqft
Built 2020
INVESTimate
$588,292
List Price
$157,897
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PROPERTY INFO
FACTS
- Built In 2020
- Price/Sqft : $212.99
- 2 Days on Market
- MLS # : 6122460
- Updated Date : 08/25/2020 at 15:18
CONSTRUCTION
- Beds : 4
- Floor Size : 2,762 sqft
- Baths : 4 full
Listing Agent
Taylor Morrison (mls Only)
Listing Agent's Description
New home ready November 2020! Located within The Estates at Eastmark. A gated community with it's own pool, clubhouse with workout facility. Single level home with attached casita area. Casita consists of bedroom, walk-in closet, private bath, kitchenette and sitting room. Access to main home. Home is beautifully done by our professional design team, with Maple cabinets, granite, double ovens, gas cooktop. Baths will have granite and upgraded tile. Wood look tile and upgraded carpet complete the look.
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PRICE & RENT TRENDS
Zip Code: 85212
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85212
* 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 | $2,530 |
| EXPENSES | Loan Payment | -$2,171 |
| Property Tax | -$545 | |
| Property Insurance | -$81 | |
| HOA | -$156 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$521
|
||
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.
$588,292
PROJECTED PRICE
$2,530
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.86% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$157,897
LOAN DETAILS
$2,171
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $147,073 |
| Loan Amount | $441,219 |
1.17
YEARS SAVED
$3,686
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
-
$2,486
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
10556 E Tarragon Avenue Mesa, 1
- 4 beds 4 baths ∙ 2,762 Sqft ∙ Built 2020 4 beds 4 baths ∙ 2,762 Sqft ∙ Built 2020
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
9809 E Solstice Avenue Mesa, 2
- 4 beds 3 baths ∙ 2,503 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,503 Sqft ∙ Built 2018
![property image]()
LEASED 08/15/20- Rent
- Rent Per SQFT
- $2,195
- $0.88
-
4855 S Tune -- Mesa, 3
- 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 2018
![property image]()
LEASED 06/01/19- Rent
- Rent Per SQFT
- $2,250
- $0.86
-
10217 E Ampere Avenue Mesa, 4
- 4 beds 3 baths ∙ 2,612 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,612 Sqft ∙ Built 2017
![property image]()
LEASED 04/15/20- Rent
- Rent Per SQFT
- $2,350
- $0.90
-
10739 E Sheffield Drive Mesa, 5
- 3 beds 3 baths ∙ 2,661 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,661 Sqft ∙ Built 2017
![property image]()
LEASED 05/01/20- Rent
- Rent Per SQFT
- $2,550
- $0.96
PROPERTY LISTING DETAILS
Taylor Morrison (mls Only)
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122460
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.
