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New Construction includes bonus studio
San Tan Valley, AZ 85143
4 bedrooms 3 bathrooms 2025 year built
Rent range $2600-$2900
Square Feet2,647
Initial Market Value$554,490
Purchase Price$554,490
Downpayment$166,347
Loan Origination Fees$7,763
Depreciable Closing Costs$11,090
Other Costs and Fixup$0
Approximate Cash Invested$185,200
Cost per Square Foot$209
Monthly Rent per Square Foot$1.02
Projected IncomeMonthlyAnnual
Projected Rent$2,700$32,400
Vacancy Losses($216)($2,592)
Operating Income$2,484$29,808
Estimated ExpensesMonthlyAnnual
Property Taxes($185)($2,218)
Insurance($69)($832)
Management Fees$0$0
Leasing/Advertising Fees$0$0
Association Fees($90)($1,080)
Maintenance($54)($648)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($398)($4,778)
Net PerformanceMonthlyAnnual
Net Operating Income$2,086$25,030
- Mortgage Payments($2,102)($25,229)
= Cash Flow($17)($199)
+ Principal Reduction$0$0
+ First-Year Appreciation$2,772$33,269
= Gross Equity Income$2,756$33,070
Mortgage InfoFirstSecond
Loan-to-Value Ratio70%0%
Loan Amount$388,143$0
Monthly Payment$2,102.44$0.00
Loan TypeInterest Only Fixed
Term10 Years
Interest Rate6.500%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)0.5%
Debt Coverage Ratio0.99
Annual Gross Rent Multiplier17
Capitalization Rate4.5%
Cash on Cash Return0%
Return on Investment18%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Projected Appreciation Rate6%
Vacancy Rate8%
Management Fee0%
Maintenance Percentage2%
Comments
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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