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10212 W Flavia Haven Tolleson, AZ 85353

3 Beds 3 Baths 1,862 sqft Built 2007

$295,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 2007
  • Price/Sqft : $158.43
  • 5 Days on Market
  • MLS # : 6154010
  • Updated Date : 10/31/2020 at 13:18
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,862 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Welcome to your new home! As you enter you will be captivated by the dramatic and inviting high ceilings of the living room. As you continue past the staircase you will be greeted with a cozy family room that offers integrated surround sound ceiling speakers for all your entertainment purposes. The great room combo opens to the gourmet kitchen, that has tile backsplash, granite counter tops & cherry cabinets. The main bedroom offers a spacious walk-in closet, an en suite bathroom with double vanity sinks. The second bedroom offers a generous balcony that opens out to the southern sky, perfect for enjoying a beautiful fall evening. This lovely home is located in the Country Place community and only minutes away shopping and I-10, for easy commuting.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Estrella

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $82k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Estrella

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8031567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Tres Rios Elementary School Primary Regular 990 50 3
Tres Rios Elementary School Middle Regular 990 50 3
La Joya Community High School High Regular 2,051 84 1

Tres Rios Elementary School

  • Education Level: Primary
  • # of students: 990
  • # of teachers: 50
3
GreatSchools Rating

Tres Rios Elementary School

  • Education Level: Middle
  • # of students: 990
  • # of teachers: 50
3
GreatSchools Rating

La Joya Community High School

  • Education Level: High
  • # of students: 2,051
  • # of teachers: 84
1
GreatSchools Rating
 

$265,500$324,500$295,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$1,088
Property Tax -$206
Property Insurance -$63
HOA -$18
Property Management Fees -$99
CASH FLOW
-$84

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$295,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,925

INVESTMENT

$83,925

Down Payment
$73,750
Rehab Estimate
$5,750
Closing Costs
$4,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,088

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $73,750
Loan Amount $221,250
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$13,407

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,390

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,499

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,390
1$1,3902$1,3953$1,4504$1,5505$1,675
$1,675
RENT COMPS ANALYSIS
  • 10212 W Flavia Haven Tolleson, AZ 1
    • 3 beds 3 baths ∙ 1,862 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,862 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.75
    •  
  • 10212 W Watkins Street Tolleson, AZ 2
    • 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.74
    •  
  • 10116 W Hammond Lane Tolleson, AZ 3
    • 3 beds 3 baths ∙ 1,862 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,862 Sqft ∙ Built 2007
    LEASED 01/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.78
    •  
  • 10205 W Whyman Avenue Tolleson, AZ 4
    • 4 beds 3 baths ∙ 1,961 Sqft ∙ Built 2010 4 beds 3 baths ∙ 1,961 Sqft ∙ Built 2010
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.79
    •  
  • 10027 W Whyman Avenue Tolleson, AZ 5
    • 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2012 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2012
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.91
    •  
PROPERTY LISTING DETAILS
Chad Saunders
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154010
Last Updated: 10/31/2020
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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