FINANCED
San Tan Valley, AZ 85143
4 bedrooms 2 bathrooms 2025 year built
$50k OFF FOR CASH BUYERS
| Square Feet | 1,697 | | Initial Market Value | $389,990 | | Purchase Price | $389,990 | | Downpayment | $116,997 | | Loan Origination Fees | $5,460 | | Depreciable Closing Costs | $7,800 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $130,257 | | Cost per Square Foot | $230 | | Monthly Rent per Square Foot | $1.24 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,100 | $25,200 | | Vacancy Losses | ($168) | ($2,016) | | Operating Income | $1,932 | $23,184 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($146) | ($1,755) | | Insurance | ($49) | ($585) | | Management Fees | ($86) | ($1,032) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($85) | ($1,020) | | Maintenance | ($42) | ($504) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($408) | ($4,896) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,524 | $18,288 | | - Mortgage Payments | ($1,393) | ($16,721) | | = Cash Flow | $131 | $1,567 | | + Principal Reduction | $0 | $0 | | + First-Year Appreciation | $1,950 | $23,399 | | = Gross Equity Income | $2,081 | $24,967 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | 0% | | Loan Amount | $272,993 | $0 | | Monthly Payment | $1,393.40 | $0.00 | | Loan Type | Interest Only Fixed | | | Term | 10 Years | | | Interest Rate | 6.125% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.5% | | Debt Coverage Ratio | 1.09 | | Annual Gross Rent Multiplier | 15 | | Capitalization Rate | 4.7% | | Cash on Cash Return | 1% | | Return on Investment | 19% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | $86 | | Maintenance Percentage | 2% |
| Comments |
|---|
| Buyer incentives: Cash buyers $339,990 Blinds, Gutters, Washer, Dryer, Refrigerator, Stainless Steel Whirlpool side by side with water and ice. Double gate on the garage side also. Rent range $1900-$2300 |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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