New construction includes bonus studio
San Tan Valley, AZ 85143
4 bedrooms 3 bathrooms 2025 year built
Rent range $2500-$2700
Square Feet2,105
Initial Market Value$467,190
Purchase Price$467,190
Downpayment$116,798
Loan Origination Fees$7,008
Depreciable Closing Costs$9,344
Other Costs and Fixup$0
Approximate Cash Invested$133,149
Cost per Square Foot$222
Monthly Rent per Square Foot$1.24
Projected IncomeMonthlyAnnual
Projected Rent$2,600$31,200
Vacancy Losses($208)($2,496)
Operating Income$2,392$28,704
Estimated ExpensesMonthlyAnnual
Property Taxes($156)($1,869)
Insurance($58)($701)
Management Fees$0$0
Leasing/Advertising Fees$0$0
Association Fees($90)($1,080)
Maintenance($52)($624)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($356)($4,274)
Net PerformanceMonthlyAnnual
Net Operating Income$2,036$24,430
- Mortgage Payments($1,671)($20,050)
= Cash Flow$365$4,381
+ Principal Reduction$515$6,181
+ First-Year Appreciation$2,336$28,031
= Gross Equity Income$3,216$38,593
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$350,393$0
Monthly Payment$1,670.81$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate3.990%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)0.6%
Debt Coverage Ratio1.22
Annual Gross Rent Multiplier15
Capitalization Rate5.2%
Cash on Cash Return3%
Return on Investment29%
+ 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.