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10227 W Oregon Avenue Glendale, AZ 85307

4 Beds 2 Baths 2,025 sqft Built 1997

$325,000

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $160.49
  • 4 Days on Market
  • MLS # : 6159515
  • Updated Date : 11/13/2020 at 12:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,025 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

Prepare to be amazed! Come and see this wonderful 4 bed, 2 bath property now for sale in Glendale! A charming facade, desert landscaping, 2 car garage, this home has it all and more! Inside you will find dining and living areas with designer paint throughout and a lovely kitchen equipped with ample cabinet and counter space, as well as matching appliances. The stunning master bedroom is ideal for couples, with its spacious walk-in closet and full bath with double sinks, not to mention separate tub and shower. Also including a cozy backyard with a covered patio and tons of potential for customization, this home is simply a dream come true! Hurry and schedule a showing before it's gone!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Palisades Park

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $83k300k

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

Neighborhood: Palisades Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Sonoran Sky Elementary School Primary Regular 697 34 5
Sonoran Sky Elementary School Middle Regular 697 34 5
Westview High School High Regular 2,456 94 2

Sonoran Sky Elementary School

  • Education Level: Primary
  • # of students: 697
  • # of teachers: 34
5
GreatSchools Rating

Sonoran Sky Elementary School

  • Education Level: Middle
  • # of students: 697
  • # of teachers: 34
5
GreatSchools Rating

Westview High School

  • Education Level: High
  • # of students: 2,456
  • # of teachers: 94
2
GreatSchools Rating
 

$292,500$357,500$325,000

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,199
Property Tax -$218
Property Insurance -$67
Property Management Fees -$99
CASH FLOW
$7

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.

$325,000

PROJECTED PRICE

$1,590

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.8%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

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$91,875

INVESTMENT

$91,875

Down Payment
$81,250
Rehab Estimate
$5,750
Closing Costs
$4,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,199

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $81,250
Loan Amount $243,750
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$23,929

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,574

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4953$1,5134$1,6495$1,675
$1,675
RENT COMPS ANALYSIS
  • 10227 W Oregon Avenue Glendale, AZ 1
    • 4 beds 2 baths ∙ 2,025 Sqft ∙ Built 1997 4 beds 2 baths ∙ 2,025 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9918 W Madrugada Avenue Phoenix, AZ 2
    • 4 beds 3 baths ∙ 1,942 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,942 Sqft ∙ Built 1994
    LEASED 10/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.77
    •  
  • 5704 N 103rd Drive Glendale, AZ 3
    • 3 beds 2 baths ∙ 1,875 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,875 Sqft ∙ Built 1997
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,513
    • $0.81
    •  
  • 10217 W Georgia Avenue Glendale, AZ 4
    • 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 1998 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 1998
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.76
    •  
  • 5406 N 104th Drive Glendale, AZ 5
    • 3 beds 3 baths ∙ 2,178 Sqft ∙ Built 1997 3 beds 3 baths ∙ 2,178 Sqft ∙ Built 1997
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.77
    •  
PROPERTY LISTING DETAILS
Bernadette Barba
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159515
Last Updated: 11/13/2020
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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