$10k CASH PRICE REDUCTION
Queen Creek , AZ 85142
3 bedrooms 2 bathrooms 2025 year built
Nice Community
Square Feet1,775
Initial Market Value$461,419
Purchase Price$461,419
Downpayment$461,419
Loan Origination Fees$0
Depreciable Closing Costs$4,614
Other Costs and Fixup$0
Approximate Cash Invested$466,033
Cost per Square Foot$260
Monthly Rent per Square Foot$1.41
Projected IncomeMonthlyAnnual
Projected Rent$2,500$30,000
Vacancy Losses($200)($2,400)
Operating Income$2,300$27,600
Estimated ExpensesMonthlyAnnual
Property Taxes($231)($2,769)
Insurance($96)($1,154)
Management Fees($86)($1,032)
Leasing/Advertising Fees$0$0
Association Fees($149)($1,788)
Maintenance($50)($600)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($612)($7,342)
Net PerformanceMonthlyAnnual
Net Operating Income$1,688$20,258
- Mortgage Payments$0$0
= Cash Flow$1,688$20,258
+ Principal Reduction$0$0
+ First-Year Appreciation$2,307$27,685
= Gross Equity Income$3,995$47,943
Mortgage InfoFirstSecond
Loan-to-Value Ratio0%0%
Loan Amount$0$0
Monthly Payment$0.00$0.00
Loan TypeAmortizing Fixed
Term0 Years
Interest Rate0.000%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)0.5%
Debt Coverage RatioN/A
Annual Gross Rent Multiplier15
Capitalization Rate4.4%
Cash on Cash Return4%
Return on Investment10%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Projected Appreciation Rate6%
Vacancy Rate8%
Management Fee$86
Maintenance Percentage2%
Comments
-Not exact rendering rents range from $2400-2600
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.