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13021 S Kosh Street Phoenix, AZ 85044

3 Beds 2 Baths 1,964 sqft Built 1982

$415,000

List Price

$1,840

$1.7K - $2K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1982
  • Price/Sqft : $211.30
  • 2 Days on Market
  • MLS # : 6182001
  • Updated Date : 01/16/2021 at 17:50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,964 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

Wonderful home tucked away in desirable Ahwatukee neighborhood. Home and backyard are built for the entertainer! Pebble finished pool with rock waterfall, huge covered patio covers a good portion of the pool for long pool use during the hot summer months, custom lighting against the back wall and inside the home. Great floor plan with large kitchen overlooking family room and breakfast area, formal living/dining room being used as a in-home-studio at this time, three bedrooms two full baths. Great curb appeal with low maintenance landscaping. Great location, freeway close and near all of the great things Ahwatukee has to offer.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $91k301k

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

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9341576

* 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
Kyrene De Las Lomas School Primary Regular 729 40 6
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De Las Lomas School

  • Education Level: Primary
  • # of students: 729
  • # of teachers: 40
6
GreatSchools Rating

Kyrene Centennial Middle School

  • Education Level: Middle
  • # of students: 1,054
  • # of teachers: 57
7
GreatSchools Rating

Mountain Pointe High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 111
3
GreatSchools Rating
 

$373,500$456,500$415,000

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$1,441
Property Tax -$295
Property Insurance -$65
HOA -$2
Property Management Fees -$99
CASH FLOW
-$63

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.

$415,000

PROJECTED PRICE

$1,840

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.6%
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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$19,706

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,840

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $2,033

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,8403$1,9004$1,9955$2,200
$2,200
RENT COMPS ANALYSIS
  • 13021 S Kosh Street Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,964 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,964 Sqft ∙ Built 1982
    • Rent
    • Rent Per SQFT
    •  
    • $1,840
    • $0.94
    •  
  • 9758 S Darrow Drive Tempe, AZ 1
    • 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1994
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.07
    •  
  • 12813 S 45th Street Phoenix, AZ 3
    • 3 beds 3 baths ∙ 2,001 Sqft ∙ Built 1992 3 beds 3 baths ∙ 2,001 Sqft ∙ Built 1992
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.95
    •  
  • 5120 E Shomi Street Phoenix, AZ 4
    • 4 beds 2 baths ∙ 1,964 Sqft ∙ Built 1982 4 beds 2 baths ∙ 1,964 Sqft ∙ Built 1982
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.02
    •  
  • 12112 S Ki Road Phoenix, AZ 5
    • 4 beds 2 baths ∙ 2,008 Sqft ∙ Built 1975 4 beds 2 baths ∙ 2,008 Sqft ∙ Built 1975
    LEASED 01/06/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.10
    •  
PROPERTY LISTING DETAILS
Jason Vaught
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6182001
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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