Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

11004 W Hubbell Street Avondale, AZ 85392

3 Beds 2 Baths 1,815 sqft Built 1999

$355,000

List Price

$1,570

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $195.59
  • 3 Days on Market
  • MLS # : 6201598
  • Updated Date : 03/06/2021 at 15:49
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,815 sqft
  • Baths : 2 full
Listing Agent

Arizona Premier Realty Homes & Land, Llc

Listing Agent's Description

HERE IS AN UPGRADED & BEAUTIFUL SINGLE LEVEL HOME WITH TRIPLE GARAGE & A POOL THAT IS SITUATED ON A CORNER CUL DE SAC LOT. Vaulted ceiling adds to the open spacious feel of this great home. The floorplan showcases a front Flex Room & a Great Room at the back that overlooks the yard & pool. Gorgeous tile in the living area, hallway & bathrooms. The kitchen features granite counters, custom back splash and SS appliances. Large windows in the Master Bedroom. The generous Master Bathroom has dual sinks and a separate shower & tub. Granite counters in both bathrooms. THE TRIPLE GARAGE HAS CUSTOM-FINISHED WALLS & A BRAND NEW HOT WATER HEATER.The yard is huge and has a covered patio & extensive concrete patio. This is a wonderful home to live in and entertain...RELAX AND ENJOY THE SWIMMING POOL.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Crystal Gardens

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $100k271k

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

Neighborhood: Crystal Gardens

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8421567

* 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
Westview High School High Regular 2,456 94 2

Westview High School

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

$319,500$390,500$355,000

PURCHASE PRICE

$1,413$1,727$1,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,570
EXPENSES Loan Payment -$1,233
Property Tax -$283
Property Insurance -$63
HOA -$45
Property Management Fees -$99
CASH FLOW
-$153

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$355,000

PROJECTED PRICE

$1,570

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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$99,825

INVESTMENT

$99,825

Down Payment
$88,750
Rehab Estimate
$5,750
Closing Costs
$5,325

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,233

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $88,750
Loan Amount $266,250
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$9,370

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,570

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,506

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,390
1$1,3902$1,5503$1,5704$1,5955$1,650
$1,650
RENT COMPS ANALYSIS
  • 11004 W Hubbell Street Avondale, AZ 3
    • 3 beds 2 baths ∙ 1,815 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,815 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $1,570
    • $0.87
    •  
  • 10453 W Granada Road Avondale, AZ 1
    • 4 beds 2 baths ∙ 1,666 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,666 Sqft ∙ Built 2001
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.83
    •  
  • 11317 W Holly Street Avondale, AZ 2
    • 4 beds 2 baths ∙ 1,934 Sqft ∙ Built 2009 4 beds 2 baths ∙ 1,934 Sqft ∙ Built 2009
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.80
    •  
  • 10736 W Granada Road Avondale, AZ 4
    • 4 beds 2 baths ∙ 1,870 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,870 Sqft ∙ Built 1999
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.85
    •  
  • 11167 W Edgemont Avenue Avondale, AZ 5
    • 3 beds 2 baths ∙ 1,957 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,957 Sqft ∙ Built 2001
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.84
    •  
PROPERTY LISTING DETAILS
Laurie Lavine
Arizona Premier Realty Homes & Land, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6201598
Last Updated: 03/06/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy