NEW CONSTRUCTION
Queen Creek, AZ 85140
3 bedrooms 2.5 bathrooms 2025 year built
NEW CONSTRUCTION
| Square Feet | 1,464 | | Initial Market Value | $477,890 | | Purchase Price | $477,890 | | Downpayment | $143,367 | | Loan Origination Fees | $3,345 | | Depreciable Closing Costs | $4,779 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $151,491 | | Cost per Square Foot | $326 | | Monthly Rent per Square Foot | $1.84 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,700 | $32,400 | | Vacancy Losses | ($216) | ($2,592) | | Operating Income | $2,484 | $29,808 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($239) | ($2,867) | | Insurance | ($100) | ($1,195) | | Management Fees | ($86) | ($1,032) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($125) | ($1,500) | | Maintenance | ($54) | ($648) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($604) | ($7,242) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,880 | $22,566 | | - Mortgage Payments | ($1,794) | ($21,525) | | = Cash Flow | $87 | $1,041 | | + Principal Reduction | $412 | $4,944 | | + First-Year Appreciation | $2,389 | $28,673 | | = Gross Equity Income | $2,888 | $34,659 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | 0% | | Loan Amount | $334,523 | $0 | | Monthly Payment | $1,793.75 | $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™) | 0.6% | | Debt Coverage Ratio | 1.05 | | Annual Gross Rent Multiplier | 15 | | Capitalization Rate | 4.7% | | 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 |
|---|
| 3% off base price on move in ready FURNITURE INCLUDED |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
|