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1749 W Bramble Berry Lane Phoenix, AZ 85085

5 Beds 4 Baths 3,078 sqft Built 2006

INVESTimate

$524,500

List Price

$2,520

$2,270 - $2,770

Rent Est.

$552,980  ( +5.43%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2006
  • Price/Sqft : $170.40
  • 2 Days on Market
  • MLS # : 6122180
  • Updated Date : 08/25/2020 at 18:51
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,078 sqft
  • Baths : 3 full , 1 half
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

Welcome Home!!! This beautiful property sits in a quiet gated community across the street from a lovely tree lined community park. The home boasts a split, open floor plan, Travertine floors, 4 bedrooms including two master suites and a dedicated den. Stainless steel appliances in the bright open kitchen and oversized granite island make this a perfect entertaining space. Family area has stylish entertainment center. Master suite is HUGE with separate tub/shower. Outdoor area has brick pavers, grassy yard and space to design your own pool, garden, outdoor kitchen, you decide. Three car tandem garage. Fabulous community amenities, pool, spa, tennis & more.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sonoran Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450k500kPrice in $91k546k

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

Neighborhood: Sonoran Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400Rent in $9342561

* 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
Sonoran Foothills School Primary Regular NA
Sonoran Foothills School Middle Regular NA
Barry Goldwater High School High Regular 1,856 88 4

Sonoran Foothills School

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

Sonoran Foothills School

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

Barry Goldwater High School

  • Education Level: High
  • # of students: 1,856
  • # of teachers: 88
4
GreatSchools Rating
 

$472,050$576,950$524,500

PURCHASE PRICE

$2,268$2,772$2,520

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,520
EXPENSES Loan Payment -$1,935
Property Tax -$314
Property Insurance -$87
HOA -$173
Property Management Fees -$99
CASH FLOW
-$88

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.

$524,500

PROJECTED PRICE

$2,520

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.43%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$144,743

INVESTMENT

$144,743

Down Payment
$131,125
Rehab Estimate
$5,750
Closing Costs
$7,868

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,935

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $131,125
Loan Amount $393,375
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$26,215

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
  • $2,462

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2503$2,3504$2,5005$2,600
$2,600
RENT COMPS ANALYSIS
  • 1749 W Bramble Berry Lane Phoenix, 1
    • 5 beds 4 baths ∙ 3,078 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,078 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 32030 N 20th Lane N Phoenix, 2
    • 4 beds 3 baths ∙ 3,047 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,047 Sqft ∙ Built 2006
    property image
    LEASED 03/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.74
    •  
  • 33305 N 24th Drive Phoenix, 3
    • 4 beds 3 baths ∙ 3,141 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,141 Sqft ∙ Built 2005
    property image
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.75
    •  
  • 1811 W Sierra Sunset Trail Phoenix, 4
    • 4 beds 3 baths ∙ 2,876 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,876 Sqft ∙ Built 2006
    property image
    LEASED 06/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.87
    •  
  • 1812 W Bramble Berry Lane Phoenix, 5
    • 4 beds 4 baths ∙ 3,078 Sqft ∙ Built 2007 4 beds 4 baths ∙ 3,078 Sqft ∙ Built 2007
    property image
    LEASED 09/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.84
    •  
PROPERTY LISTING DETAILS
Janette Attinger
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6122180
Last Updated: 08/25/2020
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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