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11832 S Warpaint Drive Phoenix, AZ 85044

4 Beds 3 Baths 4,512 sqft Built 1988

$959,900

List Price

$3,840

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $212.74
  • 2 Days on Market
  • MLS # : 6161806
  • Updated Date : 11/28/2020 at 15:58
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,512 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty Sonoran Living

Listing Agent's Description

Spectacular Ahwatukee Custom Home in Desirable Equestrian Estates. Soaring ceilings are accented by dramatic picture windows. Rich wood floors & plantation shutters create the look of luxury. Four Large Bdrms Plus Bonus Room/Den for many uses, features built-in cabinets & french door access to cozy courtyard w/Fire Pit. Updated Gourmet Kitchen w/ Island Cook top, Stainless appliances, double ovens, Slab Granite, warm espresso cabinets & skylights. Dual bar counter areas are great for entertaining. Breakfast room adjoins Family room with striking stacked stone fireplace. Private Pool and outdoor fireplace surrounded by lush mature landscaping, built-in BBQ, extended patio, w/ sport court & grassy area.Master is secluded on it's own floor.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $91k301k

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

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9341576

* 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
Kyrene De La Colina School Primary Regular 535 30 7
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De La Colina School

  • Education Level: Primary
  • # of students: 535
  • # of teachers: 30
7
GreatSchools Rating

Kyrene Centennial Middle School

  • Education Level: Middle
  • # of students: 1,054
  • # of teachers: 57
7
GreatSchools Rating

Mountain Pointe High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 111
3
GreatSchools Rating
 

$863,910$1,055,890$959,900

PURCHASE PRICE

$3,456$4,224$3,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,840
EXPENSES Loan Payment -$3,542
Property Tax -$686
Property Insurance -$115
HOA -$1
Property Management Fees -$99
CASH FLOW
-$603

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.

$959,900

PROJECTED PRICE

$3,840

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.6%
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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$260,124

INVESTMENT

$260,124

Down Payment
$239,975
Rehab Estimate
$5,750
Closing Costs
$14,399

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,542

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $239,975
Loan Amount $719,925
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$21,713

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
  • $3,655

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,500
$3,500
RENT COMPS ANALYSIS
  • 11832 S Warpaint Drive Phoenix, AZ 1
    • 4 beds 3 baths ∙ 4,512 Sqft ∙ Built 1988 4 beds 3 baths ∙ 4,512 Sqft ∙ Built 1988
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3721 E Kachina Drive Phoenix, AZ 2
    • 4 beds 4 baths ∙ 4,332 Sqft ∙ Built 1994 4 beds 4 baths ∙ 4,332 Sqft ∙ Built 1994
    property image
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.81
    •  
PROPERTY LISTING DETAILS
Bonny L. Holland
Keller Williams Realty Sonoran Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6161806
Last Updated: 11/28/2020
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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