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

12257 S 44th Street Phoenix, AZ 85044

3 Beds 3 Baths 1,518 sqft Built 1989

$375,000

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $247.04
  • 4 Days on Market
  • MLS # : 6202389
  • Updated Date : 03/05/2021 at 01:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,518 sqft
  • Baths : 2 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

Immaculate & Move In Ready Home in Popular Center Court Neighborhood Features 3 Bedrooms, 2.5 Baths, 2 Car Garage & Large Backyard. The Attractive Kitchen Has Brand New SS Appliances, Breakfast Bar, R/O Water Filtering System. Cozy Family Room, Inviting Living/Dining Area With French Doors To The Backyard. Upstairs Master Features A Remodeled Master Bath, California Closet System & Vaulted Ceilings. Bedroom 2&3 With Jack&Jill Bathroom & Walk In Closets. The Spacious Backyard Offers Lush Green Grass, Covered Patio & Room For A Future Pool. Wonderful Curb Appeal With Artificial Turf, Professional Landscaping & Upgraded Security Screen Door. NEW AC UNIT With 10yr Warranty in 2019. New Sunscreens, Nest Thermostat, Ring Camera Front/Back. Easy Access To Shopping, Restaurants & Hiking.

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 Las Lomas School Primary Regular 729 40 6
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De Las Lomas School

  • Education Level: Primary
  • # of students: 729
  • # of teachers: 40
6
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
 

$337,500$412,500$375,000

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$1,303
Property Tax -$267
Property Insurance -$57
HOA -$2
Property Management Fees -$99
CASH FLOW
-$197

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.

$375,000

PROJECTED PRICE

$1,530

PROJECTED RENT

0.41%

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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$105,125

INVESTMENT

$105,125

Down Payment
$93,750
Rehab Estimate
$5,750
Closing Costs
$5,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,303

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $93,750
Loan Amount $281,250
See What Happens When You Reinvest Cash Flow

2.92

YEARS SAVED

$8,567

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
  • $1,666

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,7004$1,7505$1,795
$1,795
RENT COMPS ANALYSIS
  • 12257 S 44th Street Phoenix, AZ 1
    • 3 beds 3 baths ∙ 1,518 Sqft ∙ Built 1989 3 beds 3 baths ∙ 1,518 Sqft ∙ Built 1989
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4902 E Yuma Street Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,439 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,439 Sqft ∙ Built 1977
    property image
    LEASED 04/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.01
    •  
  • 11825 S Coconino Street Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,482 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,482 Sqft ∙ Built 1980
    property image
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.15
    •  
  • 4617 E Lavender Lane Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,539 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,539 Sqft ∙ Built 1994
    property image
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.14
    •  
  • 3862 E Shomi Street Phoenix, AZ 5
    • 4 beds 2 baths ∙ 1,641 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,641 Sqft ∙ Built 1986
    property image
    LEASED 07/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.09
    •  
PROPERTY LISTING DETAILS
Asa Hemberg
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202389
Last Updated: 03/05/2021
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.

BESbswy