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INVESTimate
$430,000
List Price
$119,700
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1995
- Price/Sqft : $126.43
- 1 Days on Market
- MLS # : 6122684
- Updated Date : 08/26/2020 at 00:50
CONSTRUCTION
- Beds : 4
- Floor Size : 3,401 sqft
- Baths : 3 full
Listing Agent
The Rodney Jackson Company
Listing Agent's Description
This is a rare opportunity to pick up a cosmetic fixer on the golf course with pool at a great price. Situated on a quarter acre corner lot and on the 3 hole of Eagles Nest this home will need some serious TLC, but the price justifies the work that needs to be done. Home offers 4 bedrooms and 3 full baths, plus office. No updating has been done so bring your imagination because the basics of this home have a lot to offer.
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PRICE & RENT TRENDS
Neighborhood: Pebblecreek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pebblecreek
* 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 | $2,490 |
EXPENSES | Loan Payment | -$1,587 |
Property Tax | -$586 | |
Property Insurance | -$93 | |
HOA | -$227 | |
Property Management Fees | -$99 | |
CASH FLOW
-$102
|
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.
$430,000
PROJECTED PRICE
$2,490
PROJECTED RENT
0.58%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 4.81% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$119,700
LOAN DETAILS
$1,587
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $107,500 |
Loan Amount | $322,500 |
3.33
YEARS SAVED
$14,143
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
-
$2,661
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
The Rodney Jackson Company
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122684
Last Updated: 08/26/2020

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.