Great location!
Queen Creek, AZ 85142
3 bedrooms 2 bathrooms 2025 year built
Up to 11% financed incentives!
| General Information | |
|---|
| Square Feet | 1,775 | | Purchase Price | $473,519 | | Initial Market Value | $473,519 | | Downpayment | $142,056 | | Closing Costs | $16,100 | | Approximate Cash Invested | $158,155 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $2,400 | $28,800 | | Vacancy Losses | $192 | $2,304 | | Operating Income | $2,208 | $26,496 | | Operating Expenses | $493 | $5,915 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,715 | $20,581 | | - Mortgage Payments | $1,777 | $21,328 | | = Cash Flow | ($62) | ($747) | | + Principal Reduction | $408 | $4,899 | | + First-Year Appreciation | $2,368 | $28,411 | | = Gross Equity Income | $2,714 | $32,563 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 4.3% | | Cash on Cash Return | 0% | | Return on Investment | 21% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 0% |
| Comments |
|---|
Breakdown:
5 pre-paid pts AND give the allowable 2% seller concession toward financing for a total of 7% going towards reducing interest rate and remaining 4% can be used towards reducing the home price. |
*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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