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13439 N 36th Street Phoenix, AZ 85032

3 Beds 2 Baths 1,545 sqft Built 1971

$339,999

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $220.06
  • 3 Days on Market
  • MLS # : 6165226
  • Updated Date : 11/27/2020 at 23:14
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,545 sqft
  • Baths : 2 full
Listing Agent

Exp Realty

Listing Agent's Description

This home has so many benefits that you do not want to miss it! It is perfect for a first time home buyer, the endless possibilities await you. With curb appeal that delights the eye with mature easy-care landscaping. As you enter in you will be greeted with neutral tones throughout and recently updated ceramic wood grain tile for easy maintenance. The backyard is perfect with a refreshing diving pool, add a BBQ for summertime fun or a fire pit to cozy up to on a chilly night. With just the right amount of turf for your kids or four legged friends! Take a refreshing stroll to Indian Bend neighborhood park, or head over to the Phoenix Mountains Preserves for some hiking/biking trails! Located next to scrumptious dining and great shopping!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paradise Valley Oasis

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $90k271k

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

Neighborhood: Paradise Valley Oasis

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8541567

* 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
Indian Bend Elementary School Primary Regular 571 35 5
Indian Bend Elementary School Middle Regular 571 35 5
Shadow Mountain High School High Regular 1,390 67 3

Indian Bend Elementary School

  • Education Level: Primary
  • # of students: 571
  • # of teachers: 35
5
GreatSchools Rating

Indian Bend Elementary School

  • Education Level: Middle
  • # of students: 571
  • # of teachers: 35
5
GreatSchools Rating

Shadow Mountain High School

  • Education Level: High
  • # of students: 1,390
  • # of teachers: 67
3
GreatSchools Rating
 

$305,999$373,999$339,999

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,254
Property Tax -$214
Property Insurance -$57
Property Management Fees -$99
CASH FLOW
-$35

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.

$339,999

PROJECTED PRICE

$1,590

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.6%
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$95,850

INVESTMENT

$95,850

Down Payment
$85,000
Rehab Estimate
$5,750
Closing Costs
$5,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $85,000
Loan Amount $254,999
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$22,196

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,590

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $1,611

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$1,455
1$1,4552$1,5003$1,5854$1,5905$1,795
$1,795
RENT COMPS ANALYSIS
  • 13439 N 36th Street Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $1.03
    •  
  • 3725 E Emile Zola Avenue Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 1972
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,455
    • $0.94
    •  
  • 3761 E Pershing Avenue Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,475 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,475 Sqft ∙ Built 1973
    LEASED 03/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.02
    •  
  • 13248 N 38th Place Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 1972
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,585
    • $1.10
    •  
  • 14220 N 37th Place Phoenix, AZ 5
    • 4 beds 3 baths ∙ 1,624 Sqft ∙ Built 1974 4 beds 3 baths ∙ 1,624 Sqft ∙ Built 1974
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.11
    •  
PROPERTY LISTING DETAILS
John Gluch
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165226
Last Updated: 11/27/2020
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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