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INVESTimate
$195,000
List Price
$57,425
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2015
- Price/Sqft : $123.73
- 2 Days on Market
- MLS # : 6122192
- Updated Date : 08/25/2020 at 16:21
CONSTRUCTION
- Beds : 4
- Floor Size : 1,576 sqft
- Baths : 2 full , 1 half
Listing Agent
My Home Group Real Estate
Listing Agent's Description
This home has been gently lived in. Great upgrade including tile, granite, cabinets, appliances etc! Home features Solar lease at only $61 per month! Save on electric. 4 bedrooms upstairs including large master with walk in closet. Laundry is upstairs for your convenience. Low maintenance front and back yard. Water softner system and reverse osmosis drinking water. Eat in KitchenGet ready to call this home.
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PRICE & RENT TRENDS
Zip Code: 85132
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85132
* 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 | $1,200 |
EXPENSES | Loan Payment | -$719 |
Property Tax | -$124 | |
Property Insurance | -$58 | |
HOA | -$52 | |
Property Management Fees | -$99 | |
CASH FLOW
$148
|
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.
$195,000
PROJECTED PRICE
$1,200
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 8.77% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$57,425
LOAN DETAILS
$719
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $48,750 |
Loan Amount | $146,250 |
9.25
YEARS SAVED
$28,843
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
-
$1,332
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122192
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.