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13816 N 33rd Avenue Phoenix, AZ 85053

4 Beds 3 Baths 2,360 sqft Built 1967

$330,000

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1967
  • Price/Sqft : $139.83
  • 2 Days on Market
  • MLS # : 6163308
  • Updated Date : 11/20/2020 at 18:14
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,360 sqft
  • Baths : 2 full , 1 half
Listing Agent

Call Realty, Inc.

Listing Agent's Description

Updated 4 bedroom tri-level Hallcraft home with huge kitchen open to living area. Two master bedrooms! Hard flooring throughout -- no carpet! Separate living and family rooms. Beautifully landscaped yard with large covered porch, outdoor cantina, mature trees, and sparkling diving pool! New pool equipment and newer A/C, roof, and windows. Lots of storage and an air conditioned workshop!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Cox Meadows West

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $91k271k

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

Neighborhood: Cox Meadows West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8881567

* 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
Acacia Elementary School Primary Regular 772 41 7
Acacia Elementary School Middle Regular 772 41 7
Greenway High School High Regular 1,474 68 7

Acacia Elementary School

  • Education Level: Primary
  • # of students: 772
  • # of teachers: 41
7
GreatSchools Rating

Acacia Elementary School

  • Education Level: Middle
  • # of students: 772
  • # of teachers: 41
7
GreatSchools Rating

Greenway High School

  • Education Level: High
  • # of students: 1,474
  • # of teachers: 68
7
GreatSchools Rating
 

$297,000$363,000$330,000

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,218
Property Tax -$197
Property Insurance -$73
Property Management Fees -$99
CASH FLOW
$53

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.

$330,000

PROJECTED PRICE

$1,640

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.3%
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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,200

INVESTMENT

$93,200

Down Payment
$82,500
Rehab Estimate
$5,750
Closing Costs
$4,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,218

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,500
Loan Amount $247,500
See What Happens When You Reinvest Cash Flow

6.58

YEARS SAVED

$30,108

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
  • $1,762

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5753$1,5954$1,695
$1,695
RENT COMPS ANALYSIS
  • 13816 N 33rd Avenue Phoenix, AZ 1
    • 4 beds 3 baths ∙ 2,360 Sqft ∙ Built 1967 4 beds 3 baths ∙ 2,360 Sqft ∙ Built 1967
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13835 N 34th Avenue Phoenix, AZ 2
    • 3 beds 2 baths ∙ 2,135 Sqft ∙ Built 1969 3 beds 2 baths ∙ 2,135 Sqft ∙ Built 1969
    LEASED 08/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.74
    •  
  • 3037 W Wethersfield Road Phoenix, AZ 3
    • 4 beds 2 baths ∙ 2,108 Sqft ∙ Built 1959 4 beds 2 baths ∙ 2,108 Sqft ∙ Built 1959
    LEASED 12/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.76
    •  
  • 15424 N 31st Drive Phoenix, AZ 4
    • 3 beds 2 baths ∙ 2,283 Sqft ∙ Built 1979 3 beds 2 baths ∙ 2,283 Sqft ∙ Built 1979
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.74
    •  
PROPERTY LISTING DETAILS
Frank Altobelli
Call Realty, Inc.
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163308
Last Updated: 11/20/2020
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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