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
15042 N Moon Valley Drive 
Phoenix, AZ
85022
4 Beds 3 Baths 2,638 sqft
Built 1975
INVESTimate
$750,000
List Price
$204,500
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $284.31
- 14 Days on Market
- MLS # : 6114672
- Updated Date : 08/24/2020 at 17:33
CONSTRUCTION
- Beds : 4
- Floor Size : 2,638 sqft
- Baths : 3 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
This is your opportunity to view a one-of-a-kind 4 bedroom, 3 bathroom completely remodeled ranch-style home in the Moon Valley neighborhood in Phoenix! This property was renovated head-to-toe in 2017 and has plenty of features including a skylight, concrete compound counter tops throughout, tile flooring throughout, windows with sunscreens, plantation shutters, ceiling fans, and a programmable thermostat. The formal living area has a stunning two-way gas fireplace and dining area with a picture window overlooking the neighborhood. You'll be able to make a 5-star meal in the unique kitchen that has a gas oven/range, stainless steel appliances, refrigerator, multiple ovens, a pantry, concrete compound counters, island and breakfast bar. Make your way to the spacious
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Apollo Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Apollo Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,430 |
| EXPENSES | Loan Payment | -$2,767 |
| Property Tax | -$447 | |
| Property Insurance | -$79 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$962
|
||
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.
$750,000
PROJECTED PRICE
$2,430
PROJECTED RENT
0.32%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.51% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$204,500
LOAN DETAILS
$2,767
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $187,500 |
| Loan Amount | $562,500 |
0.33
YEARS SAVED
$610
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,430
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$2,420
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
-
15042 N Moon Valley Drive Phoenix, 4
- 4 beds 3 baths ∙ 2,638 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,638 Sqft ∙ Built 1975
- Rent
- Rent Per SQFT
- $2,430
- $0.92
-
15222 N 6th Street Phoenix, 1
- 4 beds 2 baths ∙ 2,366 Sqft ∙ Built 1977 4 beds 2 baths ∙ 2,366 Sqft ∙ Built 1977
LEASED 03/04/19- Rent
- Rent Per SQFT
- $1,900
- $0.80
-
302 E Caribbean Lane Phoenix, 2
- 4 beds 3 baths ∙ 2,413 Sqft ∙ Built 1974 4 beds 3 baths ∙ 2,413 Sqft ∙ Built 1974
LEASED 02/22/19- Rent
- Rent Per SQFT
- $2,100
- $0.87
-
209 E Coral Gables Drive Phoenix, 3
- 4 beds 3 baths ∙ 2,376 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,376 Sqft ∙ Built 1977
LEASED 09/30/19- Rent
- Rent Per SQFT
- $2,395
- $1.01
-
9 W Country Gables Drive Phoenix, 5
- 4 beds 3 baths ∙ 2,822 Sqft ∙ Built 1976 4 beds 3 baths ∙ 2,822 Sqft ∙ Built 1976
LEASED 07/15/19- Rent
- Rent Per SQFT
- $2,800
- $0.99
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6114672
Last Updated: 08/24/2020
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.
