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1277 W Pinkley Avenue Coolidge, AZ 85128

5 Beds 4 Baths 3,240 sqft Built 2005

$280,000

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $86.42
  • 3 Days on Market
  • MLS # : 6168847
  • Updated Date : 12/11/2020 at 02:15
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,240 sqft
  • Baths : 3 full , 1 half
Listing Agent

Re/max A Bar Z Realty

Listing Agent's Description

This is a must see property for sale in Coolidge that has ben immaculately maintained! With all the new housing coming on the market this is the established fully landscaped home you want. Move in ready and large enough for everyone in your family including that extra vehicle because the corner lot home has a 3 car garage. Desert landscaped with synthetic turf in the back yard for almost zero maintenance and low effect on your water bill. The 2 AC units have both been replaced in the last 2 years to help keep cost down on the power bill and most of the flooring has been updated this year an looks fantastic in the home. This 5 bedroom home with loft is in excellent condition and won't last long on the market. Get a showing scheduled today before it's too late!

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
 

$252,000$308,000$280,000

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 -$1,033
Property Tax -$159
Property Insurance -$90
HOA -$12
Property Management Fees -$99
CASH FLOW
$136

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.

$280,000

PROJECTED PRICE

$1,530

PROJECTED RENT

0.55%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

8.08

YEARS SAVED

$34,209

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.47

    LIST RENT PER SQFT
  • $1,480

    COMP ESTIMATED VALUE
  • $0.46

    COMP AVG. RENT PER SQFT
Comps Range
$800
1$8002$1,5303$1,6504$1,785
$1,785
RENT COMPS ANALYSIS
  • 1277 W Pinkley Avenue Coolidge, AZ 2
    • 5 beds 4 baths ∙ 3,240 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,240 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.47
    •  
  • 232 W Elm Avenue Coolidge, AZ 1
    • 4 beds 3 baths ∙ 2,956 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,956 Sqft ∙ Built 2006
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $800
    • $0.27
    •  
  • 1273 W Pinkley Avenue Coolidge, AZ 3
    • 5 beds 3 baths ∙ 3,132 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,132 Sqft ∙ Built 2005
    LEASED 08/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.53
    •  
  • 1245 W Central Avenue Coolidge, AZ 4
    • 4 beds 3 baths ∙ 3,133 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,133 Sqft ∙ Built 2005
    LEASED 11/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,785
    • $0.57
    •  
PROPERTY LISTING DETAILS
Benjamin Navarro
Re/max A Bar Z Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168847
Last Updated: 12/11/2020
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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