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11852 W Tonto Street Avondale, AZ 85323

6 Beds 3 Baths 3,674 sqft Built 2005

$410,000

List Price

$1,750

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $111.59
  • 1 Days on Market
  • MLS # : 6210238
  • Updated Date : 03/21/2021 at 01:32
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,674 sqft
  • Baths : 2 full , 1 half
Listing Agent

Mojica & Associates Real Estate

Listing Agent's Description

This Gorgeous Remodeled Home is located on a premier corner Lot, a short walk to the sparkling community pool. 1 bedroom is downstairs, along with a Half Bathroom, Large Living Room, Dining Area, Spacious Family Room & Gourmet Kitchen. The Kitchen features beautiful white cabinets with soft close and a large island. Upstairs contains 5 bedrooms and a loft with space that is sure to please. Open the double doors to view the Oversized Master Suite. A luxurious Master Bathroom is complete with separate walk in shower, jacuzzi tub, and dual sinks. Glenhurst offers multiple Greenbelts, community pool, community park, convenience to I-10, 101 loop, Avondale Civic Center, Library, & Avondale Sports complex. Don't Wait! You're Dream Home is Move-in-Ready.

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PRICE & RENT TRENDS

Neighborhood: Glenhurst

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Glenhurst

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8411567

* 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
La Joya Community High School High Regular 2,051 84 1

La Joya Community High School

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

$369,000$451,000$410,000

PURCHASE PRICE

$1,575$1,925$1,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,750
EXPENSES Loan Payment -$1,424
Property Tax -$293
Property Insurance -$99
HOA -$62
Property Management Fees -$99
CASH FLOW
-$227

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.

$410,000

PROJECTED PRICE

$1,750

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.4%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$114,400

INVESTMENT

$114,400

Down Payment
$102,500
Rehab Estimate
$5,750
Closing Costs
$6,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,424

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $102,500
Loan Amount $307,500
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$7,398

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
  • $2,094

    COMP ESTIMATED VALUE
  • $0.57

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,095
$2,095
RENT COMPS ANALYSIS
  • 11852 W Tonto Street Avondale, AZ 1
    • 6 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005 6 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11871 W Hadley Street Avondale, AZ 2
    • 5 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,674 Sqft ∙ Built 2005
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.57
    •  
PROPERTY LISTING DETAILS
Sergio Amesquita
Mojica & Associates Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6210238
Last Updated: 03/21/2021
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.

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