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1211 W Sousa Court Anthem, AZ 85086

6 Beds 6 Baths 4,557 sqft Built 2004

$775,000

List Price

$3,600

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $170.07
  • 2 Days on Market
  • MLS # : 6158332
  • Updated Date : 12/12/2020 at 11:51
CONSTRUCTION
  • Beds : 6
  • Floor Size : 4,557 sqft
  • Baths : 5 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

When you dream of Arizona living, this is it! Outdoor living at its finest - huge diving pool was recently remodeled including PebbleTec finish & new pool tiles; gazebo with built in BBQ & beverage fridge; huge fireplace with bench seating; putting green. All this goodness continues inside this gorgeous Rochester model with enough bedrooms and office space for all. Everything in this kitchen is on a grand scale - huge island with leather-finish granite, tons of countertop & cabinet space, walk-in pantry. Phenomenal split layout with a true office & bonus area that makes a perfect media or teen room. Five bedrooms inside plus a casita. There's even OWNED solar. Not to mention this home is located inside the award-winning Anthem Golf & Country Club. Make your dreams reality!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k484k

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

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10452521

* 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
Diamond Canyon School Primary Regular 1,035 51 10
Diamond Canyon School Middle Regular 1,035 51 10
Boulder Creek High School High Regular 2,639 105 6

Diamond Canyon School

  • Education Level: Primary
  • # of students: 1,035
  • # of teachers: 51
10
GreatSchools Rating

Diamond Canyon School

  • Education Level: Middle
  • # of students: 1,035
  • # of teachers: 51
10
GreatSchools Rating

Boulder Creek High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 105
6
GreatSchools Rating
 

$697,500$852,500$775,000

PURCHASE PRICE

$3,240$3,960$3,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,600
EXPENSES Loan Payment -$2,859
Property Tax -$753
Property Insurance -$116
HOA -$131
Property Management Fees -$99
CASH FLOW
-$358

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.

$775,000

PROJECTED PRICE

$3,600

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$211,125

INVESTMENT

$211,125

Down Payment
$193,750
Rehab Estimate
$5,750
Closing Costs
$11,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,859

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $193,750
Loan Amount $581,250
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$19,896

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,600

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $4,033

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$3,400
1$3,4002$3,6003$4,400
$4,400
RENT COMPS ANALYSIS
  • 1211 W Sousa Court Anthem, AZ 2
    • 6 beds 6 baths ∙ 4,557 Sqft ∙ Built 2004 6 beds 6 baths ∙ 4,557 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.79
    •  
  • 41811 N Spy Glass Drive Phoenix, AZ 1
    • 5 beds 6 baths ∙ 4,561 Sqft ∙ Built 2004 5 beds 6 baths ∙ 4,561 Sqft ∙ Built 2004
    LEASED 07/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $0.75
    •  
  • 2623 W Pumpkin Ridge Drive Anthem, AZ 3
    • 5 beds 5 baths ∙ 4,319 Sqft ∙ Built 2006 5 beds 5 baths ∙ 4,319 Sqft ∙ Built 2006
    LEASED 07/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.02
    •  
PROPERTY LISTING DETAILS
Evan Young
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6158332
Last Updated: 12/12/2020
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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