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

12522 W Rosewood Drive El Mirage, AZ 85335

4 Beds 3 Baths 2,018 sqft Built 2001

$285,000

List Price

$1,380

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $141.23
  • 3 Days on Market
  • MLS # : 6163126
  • Updated Date : 11/20/2020 at 17:43
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,018 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Welcome home! This beautiful home is move in ready.Spacious 4 bedroom, 2.5 bathroom, with a loft; located on corner lot. Master bedroom is located on the lower level, which features custom tile, open concept, easy care kitchen, half guest bathroom. Plenty of room to design your own oasis in the backyard. Best part - NO HOA | SOLAR is owned not leased!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Parque Verde

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $75k271k

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

Neighborhood: Parque Verde

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7801567

* 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
Dysart Elementary School Primary Regular 1,072 51 4
Dysart Elementary School Middle Regular 1,072 51 4
Dysart High School High Regular 1,604 73 3

Dysart Elementary School

  • Education Level: Primary
  • # of students: 1,072
  • # of teachers: 51
4
GreatSchools Rating

Dysart Elementary School

  • Education Level: Middle
  • # of students: 1,072
  • # of teachers: 51
4
GreatSchools Rating

Dysart High School

  • Education Level: High
  • # of students: 1,604
  • # of teachers: 73
3
GreatSchools Rating
 

$256,500$313,500$285,000

PURCHASE PRICE

$1,242$1,518$1,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,380
EXPENSES Loan Payment -$1,052
Property Tax -$165
Property Insurance -$67
Property Management Fees -$99
CASH FLOW
-$2

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.

$285,000

PROJECTED PRICE

$1,380

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 11.3%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$81,275

INVESTMENT

$81,275

Down Payment
$71,250
Rehab Estimate
$5,750
Closing Costs
$4,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,052

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $71,250
Loan Amount $213,750
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$20,558

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
  • $1,514

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3353$1,4004$1,4995$1,500
$1,500
RENT COMPS ANALYSIS
  • 12522 W Rosewood Drive El Mirage, AZ 1
    • 4 beds 3 baths ∙ 2,018 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,018 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12214 W Flores Drive El Mirage, AZ 2
    • 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,335
    • $0.73
    •  
  • 12221 W Aster Drive El Mirage, AZ 3
    • 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
  • 12510 W Scotts Drive El Mirage, AZ 4
    • 4 beds 3 baths ∙ 2,002 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,002 Sqft ∙ Built 2001
    LEASED 03/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.75
    •  
  • 12341 W Corrine Drive El Mirage, AZ 5
    • 4 beds 2 baths ∙ 1,978 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,978 Sqft ∙ Built 2001
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.76
    •  
PROPERTY LISTING DETAILS
Daniel Eaves
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163126
Last Updated: 11/20/2020
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.

BESbswy