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INVESTimate
$269,990
List Price
$73,547
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2020
- Price/Sqft : $100.00
- 2 Days on Market
- MLS # : 6122379
- Updated Date : 08/25/2020 at 12:55
CONSTRUCTION
- Beds : 4
- Floor Size : 2,700 sqft
- Baths : 2 full , 1 half
Listing Agent
Wjh
Listing Agent's Description
1785-B NEW 2-story home with 2-car garage! The main floor features a great room, kitchen, dinette and laundry. Also, on the main floor is a separate flex room, The 2nd floor features the owner's suite with walk-in closet and private bathroom. Additionally, upstairs are 4 other bedrooms and another full bath. Haggle free pricing. No negotiation necessary.
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PRICE & RENT TRENDS
Zip Code: 85139
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85139
* 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 | $1,410 |
EXPENSES | Loan Payment | -$996 |
Property Tax | -$252 | |
Property Insurance | -$80 | |
Property Management Fees | -$99 | |
CASH FLOW
-$17
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$269,990
PROJECTED PRICE
$1,410
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 7.30% |
Maintenance Year (1-5) | 3.00% |
Vacancy | 6.24% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$73,547
LOAN DETAILS
$996
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $67,498 |
Loan Amount | $202,493 |
5.25
YEARS SAVED
$17,053
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,410
LIST RENT -
$0.52
LIST RENT PER SQFT
-
$1,512
COMP ESTIMATED VALUE -
$0.56
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Wjh
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122379
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.