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

12919 W Mclellan Road Glendale, AZ 85307

5 Beds 3 Baths 4,156 sqft Built 2006

$515,000

List Price

$2,190

$2K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $123.92
  • 2 Days on Market
  • MLS # : 6210060
  • Updated Date : 03/20/2021 at 20:14
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,156 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Beautiful upgraded home in prime Glendale Location! Next to Freeways, Cardinal Stadium, Westgate Entertainment District, Tanger Outlets, movie theaters, food, shopping and more! Large kitchen perfect for hosting and entertaining. Backyard is landscaped with paver patio and mature fruit trees. HUGE primary/master bedroom with large walk in closet. Not to mention Casita/Mother in law Suite potential! There is a full bedroom, office and bathroom downstairs separated by a door from the main house. This is an excellent family home! Freshly painted interior and exterior paint (2021). Solar panels are PAID OFF. 3 car garage with RV gate and plenty of room for all your toys.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Capistrano South

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $104k546k

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

Neighborhood: Capistrano South

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9522028

* 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
Barbara B. Robey Elementary School Primary Regular 793 37 6
Millennium High School High Regular 2,205 94 4

Barbara B. Robey Elementary School

  • Education Level: Primary
  • # of students: 793
  • # of teachers: 37
6
GreatSchools Rating

Millennium High School

  • Education Level: High
  • # of students: 2,205
  • # of teachers: 94
4
GreatSchools Rating
 

$463,500$566,500$515,000

PURCHASE PRICE

$1,971$2,409$2,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,190
EXPENSES Loan Payment -$1,789
Property Tax -$324
Property Insurance -$108
HOA -$110
Property Management Fees -$99
CASH FLOW
-$240

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.

$515,000

PROJECTED PRICE

$2,190

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.8%
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$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$142,225

INVESTMENT

$142,225

Down Payment
$128,750
Rehab Estimate
$5,750
Closing Costs
$7,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,789

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $128,750
Loan Amount $386,250
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$12,428

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
  • $2,504

    COMP ESTIMATED VALUE
  • $0.6

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4003$2,5004$2,5005$2,800
$2,800
RENT COMPS ANALYSIS
  • 12919 W Mclellan Road Glendale, AZ 1
    • 5 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006 5 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12926 W Sierra Vista Drive Glendale, AZ 2
    • 5 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006 5 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.58
    •  
  • 12932 W Sierra Vista Drive Glendale, AZ 3
    • 5 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006 5 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.60
    •  
  • 12913 W Mclellan Road Glendale, AZ 4
    • 4 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006 4 beds 3 baths ∙ 4,156 Sqft ∙ Built 2006
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.60
    •  
  • 13607 W Reade Avenue Litchfield Park, AZ 5
    • 5 beds 5 baths ∙ 4,457 Sqft ∙ Built 2003 5 beds 5 baths ∙ 4,457 Sqft ∙ Built 2003
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.63
    •  
PROPERTY LISTING DETAILS
Jose Rincon
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6210060
Last Updated: 03/20/2021
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