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1215 W Wilson Avenue Coolidge, AZ 85128

5 Beds 3 Baths 2,425 sqft Built 2005

$239,900

List Price

$1,200

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $98.93
  • 1 Days on Market
  • MLS # : 6154322
  • Updated Date : 11/02/2020 at 22:33
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,425 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max A Bar Z Realty

Listing Agent's Description

Are you ready to be WOWED? Almost 2500 sq.ft. of living space! 5 bedroom, 2.5 bath beautiful home includes; both living & family rooms, eat-in kitchen, stainless steel appliances, 1st floor laundry room, bedroom, & 4 large bedrooms upstairs including the master! Enjoy your outdoor space with mature trees, covered patio, pavers, artificial grass and a pergola! Conveniently located with easy access to I-10, perfect for commuters! Close proximity to schools, shops, restaurants! YOU MUST SEE THIS GORGEOUS HOME!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85128

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Zip Code: 85128

ZipNIR Market*CityMarket2010Year20002019 Q2700800900100011001200130014001500Rent in $6591567

* 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
West Elementary School Primary Regular 605 26 1
Hohokam Middle School Middle Regular 281 13 2
Coolidge High School High Regular 611 33 5

West Elementary School

  • Education Level: Primary
  • # of students: 605
  • # of teachers: 26
1
GreatSchools Rating

Hohokam Middle School

  • Education Level: Middle
  • # of students: 281
  • # of teachers: 13
2
GreatSchools Rating

Coolidge High School

  • Education Level: High
  • # of students: 611
  • # of teachers: 33
5
GreatSchools Rating
 

$215,910$263,890$239,900

PURCHASE PRICE

$1,080$1,320$1,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,200
EXPENSES Loan Payment -$885
Property Tax -$136
Property Insurance -$74
HOA -$36
Property Management Fees -$99
CASH FLOW
-$31

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.

$239,900

PROJECTED PRICE

$1,200

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.9%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$69,324

INVESTMENT

$69,324

Down Payment
$59,975
Rehab Estimate
$5,750
Closing Costs
$3,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$885

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $59,975
Loan Amount $179,925
See What Happens When You Reinvest Cash Flow

4.92

YEARS SAVED

$13,955

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
  • $1,285

    COMP ESTIMATED VALUE
  • $0.53

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,2004$1,3005$1,300
$1,300
RENT COMPS ANALYSIS
  • 1215 W Wilson Avenue Coolidge, AZ 1
    • 5 beds 3 baths ∙ 2,425 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,425 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1250 W Roosevelt Avenue Coolidge, AZ 2
    • 4 beds 3 baths ∙ 2,264 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,264 Sqft ∙ Built 2005
    property image
    LEASED 06/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.53
    •  
  • 2089 W Central Avenue Coolidge, AZ 3
    • 5 beds 3 baths ∙ 2,288 Sqft ∙ Built 2006 5 beds 3 baths ∙ 2,288 Sqft ∙ Built 2006
    property image
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.52
    •  
  • 150 S 18th Street Coolidge, AZ 4
    • 4 beds 3 baths ∙ 2,338 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,338 Sqft ∙ Built 2006
    property image
    LEASED 11/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.56
    •  
  • 1043 W Kachina Drive Coolidge, AZ 5
    • 4 beds 3 baths ∙ 2,534 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,534 Sqft ∙ Built 2006
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.51
    •  
PROPERTY LISTING DETAILS
Angelica Bolan-ervin
Re/max A Bar Z Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154322
Last Updated: 11/02/2020
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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