New construction includes bonus studio
Queen Creek, AZ 85142
4 bedrooms 3 bathrooms 2025 year built
Rent range $3000-$3200
| Square Feet | 2,649 | | 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 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 | ($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 Performance | Monthly | Annual |
|---|
| 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 Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | 0% | | Loan Amount | $485,443 | $0 | | Monthly Payment | $2,314.78 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 3.990% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.4% | | Debt Coverage Ratio | 0.99 | | Annual Gross Rent Multiplier | 19 | | Capitalization Rate | 4.0% | | Cash on Cash Return | 0% | | Return on Investment | 22% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
*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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