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14 E Pebble Beach Drive Tempe, AZ 85282

4 Beds 3 Baths 2,398 sqft Built 1963

INVESTimate

$524,000

List Price

$2,160

$1,944 - $2,376

Rent Est.

$575,719  ( +9.87%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1963
  • Price/Sqft : $218.52
  • 6 Days on Market
  • MLS # : 6116790
  • Updated Date : 08/21/2020 at 11:17
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,398 sqft
  • Baths : 3 full
Listing Agent

Maclay Real Estate

Listing Agent's Description

Extensively remodeled, tri-level, 4 bedroom, 3 bathroom home in the most desired Tempe location. Attention to detail everywhere!*Seller is related to seller's agent*

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tempe Gardens

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k292k

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

Neighborhood: Tempe Gardens

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550160016501700Rent in $10001703

* 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
Carminati Elementary School Primary Regular 372 24 4
Connolly Middle School Middle Regular 1,058 57 6
Tempe High School High Regular 1,550 78 3

Carminati Elementary School

  • Education Level: Primary
  • # of students: 372
  • # of teachers: 24
4
GreatSchools Rating

Connolly Middle School

  • Education Level: Middle
  • # of students: 1,058
  • # of teachers: 57
6
GreatSchools Rating

Tempe High School

  • Education Level: High
  • # of students: 1,550
  • # of teachers: 78
3
GreatSchools Rating
 

$471,600$576,400$524,000

PURCHASE PRICE

$1,944$2,376$2,160

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$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$1.4M$1.6M$1.8M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,160
EXPENSES Loan Payment -$1,933
Property Tax -$345
Property Insurance -$74
Property Management Fees -$99
CASH FLOW
-$291

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.

$524,000

PROJECTED PRICE

$2,160

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.87%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$144,610

INVESTMENT

$144,610

Down Payment
$131,000
Rehab Estimate
$5,750
Closing Costs
$7,860

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,933

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $131,000
Loan Amount $393,000
See What Happens When You Reinvest Cash Flow

3

YEARS SAVED

$14,790

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
  • $2,344

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1003$2,1754$2,2005$2,250
$2,250
RENT COMPS ANALYSIS
  • 14 E Pebble Beach Drive Tempe, 1
    • 4 beds 3 baths ∙ 2,398 Sqft ∙ Built 1963 4 beds 3 baths ∙ 2,398 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3820 S Grandview Avenue Tempe, 2
    • 4 beds 2 baths ∙ 2,128 Sqft ∙ Built 1963 4 beds 2 baths ∙ 2,128 Sqft ∙ Built 1963
    LEASED 08/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.99
    •  
  • 910 E La Jolla Drive Tempe, 3
    • 4 beds 3 baths ∙ 2,320 Sqft ∙ Built 1967 4 beds 3 baths ∙ 2,320 Sqft ∙ Built 1967
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,175
    • $0.94
    •  
  • 117 W Geneva Circle Tempe, 4
    • 4 beds 3 baths ∙ 2,269 Sqft ∙ Built 1960 4 beds 3 baths ∙ 2,269 Sqft ∙ Built 1960
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.97
    •  
  • 145 E Santa Cruz Drive Tempe, 5
    • 5 beds 2 baths ∙ 2,238 Sqft ∙ Built 1963 5 beds 2 baths ∙ 2,238 Sqft ∙ Built 1963
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.01
    •  
PROPERTY LISTING DETAILS
Brienna Moreland
Maclay Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6116790
Last Updated: 08/21/2020
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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