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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1956
- Price/Sqft : $284.16
- 8 Days on Market
- MLS # : 6160933
- Updated Date : 11/16/2020 at 19:51
CONSTRUCTION
- Beds : 3
- Floor Size : 1,724 sqft
- Baths : 3 full
Listing Agent
Exp Realty
Listing Agent's Description
Prime Location 2 Master Bedrooms, Magnificent Newly remodel top to bottom, with professional decoration touches that incorporates Wood, Iron and Stone , New Solid wood kitchen Cabinets, Custom Quartz Calacatta counter tops in Kitchen and bathrooms, Stylish accent lighting fixtures throughout the house, Led Lighting High Efficiently throughout with SMART Switches, New Double pane Windows, Newer Roof, Top quality Kitchen and Bath fixtures, Raised tile details on bathroom walls, New Stainless Steel Appliances, Individual mini Split in Office/Den and Guest Room, Professionally Landscape with U stone driveway for easy Access, New Front and Back Yard Pergola, New Wooded fence for privacy, New Ceiling fans, Tile Floors and Top quality Carpet, Blue tooth speakers, Syntetich Stucco.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Camelback Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Camelback Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,690 |
| EXPENSES | Loan Payment | -$1,808 |
| Property Tax | -$258 | |
| Property Insurance | -$61 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$535
|
||
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.
$489,900
PROJECTED PRICE
$1,690
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 11.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$135,574
LOAN DETAILS
$1,808
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $122,475 |
| Loan Amount | $367,425 |
1
YEARS SAVED
$2,357
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
-
$1,862
COMP ESTIMATED VALUE -
$1.08
COMP AVG. RENT PER SQFT
Comps Range
-
1205 W Missouri Avenue Phoenix, AZ 1
- 3 beds 3 baths ∙ 1,724 Sqft ∙ Built 1956 3 beds 3 baths ∙ 1,724 Sqft ∙ Built 1956
- Rent
- Rent Per SQFT
- $0
- $0.00
-
5548 N 12th Avenue Phoenix, AZ 2
- 3 beds 2 baths ∙ 1,793 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,793 Sqft ∙ Built 1950
LEASED 11/21/19- Rent
- Rent Per SQFT
- $1,795
- $1.00
-
1313 W San Miguel Avenue Phoenix, AZ 3
- 3 beds 2 baths ∙ 1,633 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,633 Sqft ∙ Built 1950
LEASED 02/14/20- Rent
- Rent Per SQFT
- $1,795
- $1.10
-
1103 W Marshall Avenue Phoenix, AZ 4
- 3 beds 2 baths ∙ 1,742 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,742 Sqft ∙ Built 1950
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,995
- $1.15
-
5812 N 14th Avenue Phoenix, AZ 5
- 3 beds 2 baths ∙ 1,874 Sqft ∙ Built 1951 3 beds 2 baths ∙ 1,874 Sqft ∙ Built 1951
LEASED 05/26/20- Rent
- Rent Per SQFT
- $1,999
- $1.07
PROPERTY LISTING DETAILS
Exp Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160933
Last Updated: 11/16/2020
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.
