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 Feet | 2,647 | | 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 Income | Monthly | Annual |
|---|
| Projected Rent | $3,000 | $36,000 | | Vacancy Losses | ($240) | ($2,880) | | Operating Income | $2,760 | $33,120 |
| Estimated Expenses | Monthly | Annual |
|---|
| 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 Performance | Monthly | Annual |
|---|
| 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 Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | 0% | | Loan Amount | $391,643 | $0 | | Monthly Payment | $2,100.03 | $0.00 | | Loan Type | Amortizing ARM | | | Term | 7 Years | | | Interest Rate | 4.990% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.5% | | Debt Coverage Ratio | 1.06 | | Annual Gross Rent Multiplier | 16 | | Capitalization Rate | 4.8% | | Cash on Cash Return | 1% | | Return on Investment | 23% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | $86 | | Maintenance Percentage | 2% |
| 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.
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