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1453 W Wilson Avenue Coolidge, AZ 85128

4 Beds 2 Baths 1,754 sqft Built 2008

$299,500

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $170.75
  • 1 Days on Market
  • MLS # : 6263616
  • Updated Date : 07/13/2021 at 17:47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,754 sqft
  • Baths : 2 full
Listing Agent

Desert Canyon Properties

Listing Agent's Description

Sweet home ready for you now! Exterior was just painted on July 7th and professionaly cleaned. Carpets are only 1 year old. Tile and carpet throughout. Pre-wired surround sound in living room. Granite kitchen counters and granite vanities! Owners en-suite bathroom includes tile, granite vanity, water closet, linen closet, and large walk-in closet with tons of storage space and shelves! Three out of the four bedrooms have mirrored closet doors. Kitchen has granite counters, pantry, stainless steel appliances, and flat top stove. Separate laundry room leads to the garage where a newer hot water tank is stored. No neighbors on the sides of the house.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85128

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Zip Code: 85128

ZipNIR Market*CityMarket2010Year20002019 Q2700800900100011001200130014001500Rent in $6591567

* 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
Hohokam Middle School Middle Regular 281 13 2
Coolidge High School High Regular 611 33 5

Hohokam Middle School

  • Education Level: Middle
  • # of students: 281
  • # of teachers: 13
2
GreatSchools Rating

Coolidge High School

  • Education Level: High
  • # of students: 611
  • # of teachers: 33
5
GreatSchools Rating
 

$269,550$329,450$299,500

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$1,040
Property Tax -$170
Property Insurance -$61
HOA -$15
Property Management Fees -$99
CASH FLOW
-$16

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.

$299,500

PROJECTED PRICE

$1,370

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.9%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,118

INVESTMENT

$85,118

Down Payment
$74,875
Rehab Estimate
$5,750
Closing Costs
$4,493

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,040

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,875
Loan Amount $224,625
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$16,422

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,370

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,368

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,370
1$1,3702$1,4003$1,5004$1,5005$1,505
$1,505
RENT COMPS ANALYSIS
  • 1453 W Wilson Avenue Coolidge, AZ 1
    • 4 beds 2 baths ∙ 1,754 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,754 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $0.78
    •  
  • 255 S 13th Place Coolidge, AZ 2
    • 4 beds 2 baths ∙ 1,870 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,870 Sqft ∙ Built 2008
    property image
    LEASED 10/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.75
    •  
  • 1326 W Roosevelt Avenue Coolidge, AZ 3
    • 4 beds 2 baths ∙ 1,909 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,909 Sqft ∙ Built 2005
    property image
    LEASED 11/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.79
    •  
  • 1459 W Roosevelt Avenue Coolidge, AZ 4
    • 4 beds 2 baths ∙ 1,903 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,903 Sqft ∙ Built 2004
    property image
    LEASED 04/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.79
    •  
  • 1700 W Harding Avenue Coolidge, AZ 5
    • 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2004
    property image
    LEASED 12/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,505
    • $0.79
    •  
PROPERTY LISTING DETAILS
Angela Cain
Desert Canyon Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6263616
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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