NEW CONSTRUCTION WITH CASITA
San Tan Valley, AZ 85143
4 bedrooms 3 bathrooms 2025 year built
4 BR, 3 BA, NEW CONSTRUCTION + NEXTGEN/CASITA
Square Feet2,647
Initial Market Value$559,490
Purchase Price$559,490
Downpayment$167,847
Loan Origination Fees$3,916
Depreciable Closing Costs$5,595
Other Costs and Fixup$0
Approximate Cash Invested$177,358
Cost per Square Foot$211
Monthly Rent per Square Foot$1.13
Projected IncomeMonthlyAnnual
Projected Rent$3,000$36,000
Vacancy Losses($240)($2,880)
Operating Income$2,760$33,120
Estimated ExpensesMonthlyAnnual
Property Taxes($186)($2,238)
Insurance($117)($1,399)
Management Fees($86)($1,032)
Leasing/Advertising Fees$0$0
Association Fees($95)($1,140)
Maintenance($60)($720)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($544)($6,529)
Net PerformanceMonthlyAnnual
Net Operating Income$2,216$26,591
- Mortgage Payments($2,100)($25,200)
= Cash Flow$116$1,391
+ Principal Reduction$482$5,789
+ First-Year Appreciation$2,797$33,569
= Gross Equity Income$3,396$40,749
Mortgage InfoFirstSecond
Loan-to-Value Ratio70%0%
Loan Amount$391,643$0
Monthly Payment$2,100.03$0.00
Loan TypeAmortizing ARM
Term7 Years
Interest Rate4.990%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)0.5%
Debt Coverage Ratio1.06
Annual Gross Rent Multiplier16
Capitalization Rate4.8%
Cash on Cash Return1%
Return on Investment23%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Projected Appreciation Rate6%
Vacancy Rate8%
Management Fee$86
Maintenance Percentage2%
Comments
.Builder offering 4.99 rate and 2% towards closing costs, all appliances. Including washer/dryer. Cable included. Other incentives may apply. Not exact rendering.
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.