Property Information
FINANCED
San Tan Valley, AZ 85143
4 bedrooms 2 bathrooms 2025 year built
$50k OFF FOR CASH BUYERS
| General Information | |
|---|---|
| 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 Closing 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 |
|---|---|---|
| Gross 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 | $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 |
| + Tax Savings | $288 | $3,451 |
| = GEI w/Tax Savings | $2,368 | $28,418 |
| 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 | |
|---|---|
| Debt Coverage Ratio | 1.09 |
| Annual Gross Rent Multiplier | 15 |
| Monthly Gross Rent Multiplier | 186 |
| Capitalization Rate | 4.7% |
| Cash on Cash Return | 1% |
| Total Return on Investment | 19% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. | |
| Assumptions | |
|---|---|
| Real Estate 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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