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12923 W Tuckey Lane Glendale, AZ 85307

5 Beds 3 Baths 4,156 sqft Built 2006

$499,990

List Price

$2,170

$2K - $2.4K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $120.31
  • 2 Days on Market
  • MLS # : 6193993
  • Updated Date : 02/13/2021 at 04:43
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,156 sqft
  • Baths : 3 full
Listing Agent

Arizona Home Shopper

Listing Agent's Description

This home has it all ! With over 4100 sqft of living space ! Home features a large formal dining and living room. The kitchen is an entertainers delight with granite counters,an island, and stainless steel appliances. all this opens to the family room with a downstairs bedroom and full bathroom. Great for the family, guests , or the in-laws. Walk up the open staircase to a loft, that overlooks the downstairs and 4 large bedrooms. including a huge master bedroom with a master bedroom suite,and balcony overlooking the pool. The master bath has a walk in shower and separate tub. Imagine entertaining your family and friends with the pool and extended patio area... All this and an R.V gate what more could you ask for !

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
 

$449,991$549,989$499,990

PURCHASE PRICE

$1,953$2,387$2,170

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,170
EXPENSES Loan Payment -$1,737
Property Tax -$315
Property Insurance -$108
HOA -$110
Property Management Fees -$99
CASH FLOW
-$198

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.

$499,990

PROJECTED PRICE

$2,170

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$138,247

INVESTMENT

$138,247

Down Payment
$124,998
Rehab Estimate
$5,750
Closing Costs
$7,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,737

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,998
Loan Amount $374,993
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$14,010

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
  • 12923 W Tuckey Lane 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
Diane Oscarson
Arizona Home Shopper
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193993
Last Updated: 02/13/2021
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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