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1623 W Moody Trail Phoenix, AZ 85041

4 Beds 5 Baths 4,277 sqft Built 2003

$800,000

List Price

$3,340

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $187.05
  • 2 Days on Market
  • MLS # : 6209869
  • Updated Date : 03/20/2021 at 16:47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,277 sqft
  • Baths : 4 full , 1 half
Listing Agent

Keller Williams Realty Phoenix

Listing Agent's Description

Breathtaking views from this mountainside home! Elevated above the city in a quiet, centrally located gated community! 18,000 square foot private corner lot with backyard for entertaining! Grotto pool with waterfall, ramada, firepit, swim up bar, and plenty of space for relaxing and entertaining! Great floorplan with gourmet kitchen, home theatre, 4 and a half bathrooms, three car garage and RV gate. Walk to miles of world class hiking/biking trails of beautiful South Mountain Preserve! Mins to downtown, west valley, ASU and airport! AZ living at its finest!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Talasera

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450k500k550k600kPrice in $91k629k

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

Neighborhood: Talasera

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600Rent in $9342728

* 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
Cesar Chavez High School High Regular 2,575 131 3
Phoenix Coding Academy High Regular NA
Phoenix Coding Academy High Unknown NA

Cesar Chavez High School

  • Education Level: High
  • # of students: 2,575
  • # of teachers: 131
3
GreatSchools Rating

Phoenix Coding Academy

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Phoenix Coding Academy

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$720,000$880,000$800,000

PURCHASE PRICE

$3,006$3,674$3,340

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,340
EXPENSES Loan Payment -$2,779
Property Tax -$520
Property Insurance -$107
HOA -$33
Property Management Fees -$99
CASH FLOW
-$198

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.

$800,000

PROJECTED PRICE

$3,340

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.0%
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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$217,750

INVESTMENT

$217,750

Down Payment
$200,000
Rehab Estimate
$5,750
Closing Costs
$12,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,779

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $200,000
Loan Amount $600,000
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$32,072

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,340

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $3,995

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$3,340
1$3,3402$3,995
$3,995
RENT COMPS ANALYSIS
  • 1623 W Moody Trail Phoenix, AZ 1
    • 4 beds 5 baths ∙ 4,077 Sqft ∙ Built 2003 4 beds 5 baths ∙ 4,077 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,340
    • $0.82
    •  
  • 1605 W Capistrano Avenue Phoenix, AZ 2
    • 4 beds 5 baths ∙ 4,077 Sqft ∙ Built 2006 4 beds 5 baths ∙ 4,077 Sqft ∙ Built 2006
    property image
    LEASED 03/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $0.98
    •  
PROPERTY LISTING DETAILS
Carlie Back
Keller Williams Realty Phoenix
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209869
Last Updated: 03/20/2021
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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