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14254 S 47th Street S Phoenix, AZ 85044

3 Beds 2 Baths 1,261 sqft Built 1994

$392,500

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $311.26
  • 1 Days on Market
  • MLS # : 6263685
  • Updated Date : 07/13/2021 at 13:24
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,261 sqft
  • Baths : 2 full
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Don't miss this sweet and very clean single level Ahwatukee home. Super well maintained, located in the heart of shopping, restaurants, and all Tukee Activitiesincluding Community tennis, and the Ahwatukee Golf course. Great Access to the freeways and Airport, and just a quick jaunt to Tempe and Scottsdale nightlife! Homefeatures all tile floors, HVAC New in 2012, New Outdoor lighting, New garage door motor. New Sunscreens. Putting green in yard, Split floor plan, super niceneighborhood! East West orientation. Super convenient galley type kitchen, convenient to the Great Room setup.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Silverado at Crimson Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k358k

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

Neighborhood: Silverado at Crimson Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9341981

* 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 La Esperanza School Primary Regular 530 30 8
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De La Esperanza School

  • Education Level: Primary
  • # of students: 530
  • # of teachers: 30
8
GreatSchools Rating

Kyrene Centennial Middle School

  • Education Level: Middle
  • # of students: 1,054
  • # of teachers: 57
7
GreatSchools Rating

Mountain Pointe High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 111
3
GreatSchools Rating
 

$353,250$431,750$392,500

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,363
Property Tax -$279
Property Insurance -$52
HOA -$7
Property Management Fees -$99
CASH FLOW
-$190

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.

$392,500

PROJECTED PRICE

$1,610

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.3%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$109,763

INVESTMENT

$109,763

Down Payment
$98,125
Rehab Estimate
$5,750
Closing Costs
$5,888

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,363

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $98,125
Loan Amount $294,375
See What Happens When You Reinvest Cash Flow

2.92

YEARS SAVED

$8,877

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
  • $1,608

    COMP ESTIMATED VALUE
  • $1.28

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5953$1,7504$1,7505$1,800
$1,800
RENT COMPS ANALYSIS
  • 14254 S 47th Street S Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,261 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,261 Sqft ∙ Built 1994
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4749 E Desert Wind Drive Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,298 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,298 Sqft ∙ Built 1995
    property image
    LEASED 10/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.23
    •  
  • 4302 E Windmere Drive Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1990
    property image
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.29
    •  
  • 4728 E Desert Wind Drive Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1994
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.27
    •  
  • 4740 E Dry Creek Road Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1995
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.31
    •  
PROPERTY LISTING DETAILS
Paul R Holmes
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6263685
Last Updated: 07/13/2021
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.

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