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1260 W Wilson Avenue Coolidge, AZ 85128

3 Beds 2 Baths 1,524 sqft Built 2005

$210,000

List Price

$1,110

$999 - $1.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $137.80
  • 2 Days on Market
  • MLS # : 6203525
  • Updated Date : 03/06/2021 at 20:58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,524 sqft
  • Baths : 2 full
Listing Agent

Re/max A Bar Z Realty

Listing Agent's Description

Check out this beautiful 3 bed 2 bath single story home in Carter Ranch! This highly desired floor plan features a large living room, spacious eat in kitchen with staggered cabinets, matching black appliances and an indoor laundry room complete with washer and dryer! Master suite is complete with a large vanity and walkin closet. Backyard landscaping is already done so you can enjoy the beautiful Arizona weather under the covered patio! There's even an extra concrete pad poured at the driveway for more parking!! Call to schedule your showing today!!

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
 

$189,000$231,000$210,000

PURCHASE PRICE

$999$1,221$1,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,110
EXPENSES Loan Payment -$729
Property Tax -$119
Property Insurance -$57
HOA -$36
Property Management Fees -$99
CASH FLOW
$69

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.

$210,000

PROJECTED PRICE

$1,110

PROJECTED RENT

0.53%

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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$61,400

INVESTMENT

$61,400

Down Payment
$52,500
Rehab Estimate
$5,750
Closing Costs
$3,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$729

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $52,500
Loan Amount $157,500
See What Happens When You Reinvest Cash Flow

7.17

YEARS SAVED

$18,070

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,110

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $1,265

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,110
1$1,1102$1,2503$1,2954$1,4005$1,475
$1,475
RENT COMPS ANALYSIS
  • 1260 W Wilson Avenue Coolidge, AZ 1
    • 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,110
    • $0.73
    •  
  • 933 W Kachina Drive Coolidge, AZ 2
    • 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 2020 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 2020
    LEASED 04/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.78
    •  
  • 1050 W Kachina Drive Coolidge, AZ 3
    • 3 beds 3 baths ∙ 1,594 Sqft ∙ Built 2019 3 beds 3 baths ∙ 1,594 Sqft ∙ Built 2019
    LEASED 10/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.81
    •  
  • 2119 W Broadway Avenue Coolidge, AZ 4
    • 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 2006
    LEASED 09/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.83
    •  
  • 1217 W Lincoln Avenue Coolidge, AZ 5
    • 4 beds 2 baths ∙ 1,633 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,633 Sqft ∙ Built 2005
    LEASED 01/10/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.90
    •  
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 #: 6203525
Last Updated: 03/06/2021
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.

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