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

1349 E 27th Avenue Apache Junction, AZ 85119

4 Beds 2 Baths 1,296 sqft Built 1981

$259,000

List Price

$1,160

$1K - $1.3K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $199.85
  • 3 Days on Market
  • MLS # : 6176048
  • Updated Date : 01/01/2021 at 00:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,296 sqft
  • Baths : 2 full
Listing Agent

Century 21 Seago

Listing Agent's Description

This cute home is tucked away at the end of a long street. Beautiful mountain views from the front and back of home will captivate anyone. Close access to the Freeway, minutes from entertainment and shopping. This single level home has it all and more. Boasting 4 bedrooms, 2 baths and a beautiful backyard to enjoy. Open kitchen and great room concept are the heart of the home and perfect for entertaining.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Palm Springs

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $83k285k

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

Neighborhood: Palm Springs

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8201567

* 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
Peralta Trail Elementary School Primary Regular 443 25 8
Peralta Trail Elementary School Middle Regular 443 25 8
Apache Junction High School High Regular 1,304 69 3

Peralta Trail Elementary School

  • Education Level: Primary
  • # of students: 443
  • # of teachers: 25
8
GreatSchools Rating

Peralta Trail Elementary School

  • Education Level: Middle
  • # of students: 443
  • # of teachers: 25
8
GreatSchools Rating

Apache Junction High School

  • Education Level: High
  • # of students: 1,304
  • # of teachers: 69
3
GreatSchools Rating
 

$233,100$284,900$259,000

PURCHASE PRICE

$1,044$1,276$1,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,160
EXPENSES Loan Payment -$956
Property Tax -$177
Property Insurance -$52
Property Management Fees -$99
CASH FLOW
-$124

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.

$259,000

PROJECTED PRICE

$1,160

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 13.3%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$74,385

INVESTMENT

$74,385

Down Payment
$64,750
Rehab Estimate
$5,750
Closing Costs
$3,885

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$956

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,750
Loan Amount $194,250
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$8,493

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,160

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,364

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$1,160
1$1,1602$1,2503$1,3954$1,3955$1,500
$1,500
RENT COMPS ANALYSIS
  • 1349 E 27th Avenue Apache Junction, AZ 1
    • 4 beds 2 baths ∙ 1,296 Sqft ∙ Built 1981 4 beds 2 baths ∙ 1,296 Sqft ∙ Built 1981
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,160
    • $0.90
    •  
  • 1515 E 28th Avenue Apache Junction, AZ 2
    • 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 1999
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.10
    •  
  • 1050 E Santa Cruz Lane Apache Junction, AZ 3
    • 3 beds 2 baths ∙ 1,336 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,336 Sqft ∙ Built 1998
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $1.04
    •  
  • 1007 E Estevan Avenue Apache Junction, AZ 4
    • 3 beds 2 baths ∙ 1,259 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,259 Sqft ∙ Built 1982
    property image
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $1.11
    •  
  • 899 E Pima Avenue Apache Junction, AZ 5
    • 3 beds 2 baths ∙ 1,565 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,565 Sqft ∙ Built 1998
    property image
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.96
    •  
PROPERTY LISTING DETAILS
Shane W Peterlin
Century 21 Seago
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176048
Last Updated: 01/01/2021
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.

BESbswy