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1810 N 127th Avenue Avondale, AZ 85392

3 Beds 2 Baths 1,956 sqft Built 1999

$335,000

List Price

$1,470

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $171.27
  • 2 Days on Market
  • MLS # : 6187869
  • Updated Date : 01/30/2021 at 18:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,956 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Located in the heart of Avondale, this lovely 3 bedroom 2 bath plus Den home features an open concept floorplan with vaulted ceilings. Enter to find a spacious formal living and dining area. The bright kitchen opens up to the great room which overlooks the pool. Kitchen features quartz countertops, oak cabinets, stainless steel appliances, island, pantry and breakfast nook. The primary room offers a large walk-in closet, separate tub and shower and service door to patio. Outback you'll find a covered patio and a sparkling pebble-tec pool to relax this summer away. Additional features include gas range, gas fireplace, ceiling fans throughout, laminate wood flooring in formal living spaces and an RV gate for added space. Recent updates include new paint inside/out, new carpet and new

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rancho Santa Fe

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $100k271k

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

Neighborhood: Rancho Santa Fe

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8421567

* 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
Wigwam Creek Middle School Middle Regular 927 39 8
Agua Fria High School High Regular 1,725 92 4

Wigwam Creek Middle School

  • Education Level: Middle
  • # of students: 927
  • # of teachers: 39
8
GreatSchools Rating

Agua Fria High School

  • Education Level: High
  • # of students: 1,725
  • # of teachers: 92
4
GreatSchools Rating
 

$301,500$368,500$335,000

PURCHASE PRICE

$1,323$1,617$1,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,470
EXPENSES Loan Payment -$1,164
Property Tax -$212
Property Insurance -$65
HOA -$15
Property Management Fees -$99
CASH FLOW
-$84

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.

$335,000

PROJECTED PRICE

$1,470

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.3%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$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$94,525

INVESTMENT

$94,525

Down Payment
$83,750
Rehab Estimate
$5,750
Closing Costs
$5,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,164

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $83,750
Loan Amount $251,250
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$13,542

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,470

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,521

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4703$1,5504$1,5755$1,735
$1,735
RENT COMPS ANALYSIS
  • 1810 N 127th Avenue Avondale, AZ 2
    • 3 beds 2 baths ∙ 1,956 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,956 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $1,470
    • $0.75
    •  
  • 12737 W Desert Flower Road Avondale, AZ 1
    • 3 beds 3 baths ∙ 2,024 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,024 Sqft ∙ Built 1999
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.72
    •  
  • 12755 W Alvarado Road Avondale, AZ 3
    • 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 1997
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.76
    •  
  • 12859 W Sheridan Street Avondale, AZ 4
    • 4 beds 3 baths ∙ 2,024 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,024 Sqft ∙ Built 1998
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.78
    •  
  • 12754 W Palm Lane Avondale, AZ 5
    • 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 1997
    LEASED 12/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,735
    • $0.85
    •  
PROPERTY LISTING DETAILS
Lucia Hernandez
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187869
Last Updated: 01/30/2021
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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