FINANCED
San Tan Valley, AZ 85143
3 bedrooms 2 bathrooms 2025 year built
Rent range $1900-$2300
| Square Feet | 1,840 | | Initial Market Value | $422,990 | | Purchase Price | $422,990 | | Downpayment | $126,897 | | Loan Origination Fees | $5,922 | | Depreciable Closing Costs | $8,460 | | Other Costs and Fixup | $11,171 | | Approximate Cash Invested | $152,450 | | Cost per Square Foot | $230 | | Monthly Rent per Square Foot | $1.14 |
| 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 | ($194) | ($2,326) | | Insurance | ($70) | ($846) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($90) | ($1,080) | | Maintenance | ($42) | ($504) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($396) | ($4,756) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,536 | $18,428 | | - Mortgage Payments | ($1,511) | ($18,136) | | = Cash Flow | $24 | $292 | | + Principal Reduction | $0 | $0 | | + First-Year Appreciation | $2,115 | $25,379 | | = Gross Equity Income | $2,139 | $25,671 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | 0% | | Loan Amount | $296,093 | $0 | | Monthly Payment | $1,511.31 | $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 | 1.02 | | Annual Gross Rent Multiplier | 17 | | Capitalization Rate | 4.4% | | Cash on Cash Return | 0% | | Return on Investment | 17% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
| Comments |
|---|
| Gated community features an amenity center with a community pool, sport court, cornhole and a playground. Reduced price for cash buyers! Self management numbers |
*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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