New construction includes bonus studio
Queen Creek, AZ 85142
4 bedrooms 3 bathrooms 2025 year built
Rent range $3000-$3200
Square Feet2,649
Initial Market Value$693,490
Purchase Price$693,490
Downpayment$208,047
Loan Origination Fees$9,709
Depreciable Closing Costs$13,870
Other Costs and Fixup$0
Approximate Cash Invested$231,626
Cost per Square Foot$262
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($231)($2,774)
Insurance($87)($1,040)
Management Fees$0$0
Leasing/Advertising Fees$0$0
Association Fees($90)($1,080)
Maintenance($60)($720)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($468)($5,614)
Net PerformanceMonthlyAnnual
Net Operating Income$2,292$27,506
- Mortgage Payments($2,315)($27,777)
= Cash Flow($23)($272)
+ Principal Reduction$714$8,564
+ First-Year Appreciation$3,467$41,609
= Gross Equity Income$4,158$49,902
Mortgage InfoFirstSecond
Loan-to-Value Ratio70%0%
Loan Amount$485,443$0
Monthly Payment$2,314.78$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate3.990%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)0.4%
Debt Coverage Ratio0.99
Annual Gross Rent Multiplier19
Capitalization Rate4.0%
Cash on Cash Return0%
Return on Investment22%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Projected Appreciation Rate6%
Vacancy Rate8%
Management Fee0%
Maintenance Percentage2%
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.