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

133 W Mountain Sage Drive Phoenix, AZ 85045

4 Beds 3 Baths 2,283 sqft Built 1999

$399,000

List Price

$1,960

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $174.77
  • 2 Days on Market
  • MLS # : 6210111
  • Updated Date : 03/20/2021 at 19:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,283 sqft
  • Baths : 3 full
Listing Agent

Homesmart

Listing Agent's Description

Nestled in the heart of the Ahwatukee Foothills you'll find this recently remodeled & upgraded 4 Bedroom, 3 Bath, loft home in popular 85045 Zip Code, boasting 2283 sq ft of living space & vaulted ceilings. Savvy builder placed one bedroom & full bath downstairs for guests or family. Formal living room downstairs, loft upstairs. Enjoy mountain views over your morning coffee as you look out your back windows. No back neighbors at this N/S exposure home, just peace and quiet in the rolling foothills. Recent upgrading in this single family detached home include stainless-steel Samsung appliances, Brazilian granite counters, deep double undermount stainless-steel sink, formal dining & eat-in kitchen. New interior paint, new carpet, new hardware, new tile flooring in the master bath

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Foothills Golf Club

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k459k

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

Neighborhood: Foothills Golf Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000210022002300Rent in $9342327

* 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 Los Cerritos Leadership Academy Primary Regular 531 32 10
Kyrene Altadena Middle School Middle Regular 1,065 52 9
Desert Vista High School High Regular 3,037 130 8

Kyrene De Los Cerritos Leadership Academy

  • Education Level: Primary
  • # of students: 531
  • # of teachers: 32
10
GreatSchools Rating

Kyrene Altadena Middle School

  • Education Level: Middle
  • # of students: 1,065
  • # of teachers: 52
9
GreatSchools Rating

Desert Vista High School

  • Education Level: High
  • # of students: 3,037
  • # of teachers: 130
8
GreatSchools Rating
 

$359,100$438,900$399,000

PURCHASE PRICE

$1,764$2,156$1,960

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,960
EXPENSES Loan Payment -$1,386
Property Tax -$288
Property Insurance -$72
HOA -$10
Property Management Fees -$99
CASH FLOW
$106

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.

$399,000

PROJECTED PRICE

$1,960

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,485

INVESTMENT

$111,485

Down Payment
$99,750
Rehab Estimate
$5,750
Closing Costs
$5,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,386

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $99,750
Loan Amount $299,250
See What Happens When You Reinvest Cash Flow

6.58

YEARS SAVED

$31,355

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,960

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $2,112

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,725
1$1,7252$1,9503$1,9604$1,9755$2,300
$2,300
RENT COMPS ANALYSIS
  • 133 W Mountain Sage Drive Phoenix, AZ 3
    • 4 beds 3 baths ∙ 2,283 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,283 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,960
    • $0.86
    •  
  • 901 E Goldenrod Street Phoenix, AZ 1
    • 4 beds 2 baths ∙ 2,135 Sqft ∙ Built 1994 4 beds 2 baths ∙ 2,135 Sqft ∙ Built 1994
    property image
    LEASED 10/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.81
    •  
  • 315 E Mountain Sky Avenue Phoenix, AZ 2
    • 3 beds 2 baths ∙ 2,167 Sqft ∙ Built 1990 3 beds 2 baths ∙ 2,167 Sqft ∙ Built 1990
    property image
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.90
    •  
  • 1024 E Frye Road #1104 Phoenix, AZ 4
    • 3 beds 3 baths ∙ 1,968 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,968 Sqft ∙ Built 2001
    property image
    LEASED 01/13/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,975
    • $1.00
    •  
  • 626 W Mountain Vista Drive Phoenix, AZ 5
    • 3 beds 2 baths ∙ 2,323 Sqft ∙ Built 1993 3 beds 2 baths ∙ 2,323 Sqft ∙ Built 1993
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.99
    •  
PROPERTY LISTING DETAILS
Brent Hammonds
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6210111
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