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2007 W Dahlia Drive Phoenix, AZ 85029

5 Beds 2 Baths 1,521 sqft Built 1970

$325,000

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $213.68
  • 5 Days on Market
  • MLS # : 6183247
  • Updated Date : 01/22/2021 at 21:14
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,521 sqft
  • Baths : 2 full
Listing Agent

Dpr Realty Llc

Listing Agent's Description

Your search is over! This 5 bedroom showstopper is fully remodeled with personal touches that you will not find any where else. All you have to do is move in and enjoy the quartz counter tops, gas stove, faux wood flooring, newer roof and AC and we cant forget to mention the newly acid washed pool with newer pool equipment- There are too many upgrades to list- Please check out the upgrades list on the document tab and make an appointment to see this gem, because this one wont last long!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Canyon Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Canyon Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8471567

* 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
Shaw Butte Elementary School Primary Regular 1,011 48 3
Mountain Sky Junior High School Middle Regular 741 35 7
Thunderbird High School High Regular 1,507 63 6

Shaw Butte Elementary School

  • Education Level: Primary
  • # of students: 1,011
  • # of teachers: 48
3
GreatSchools Rating

Mountain Sky Junior High School

  • Education Level: Middle
  • # of students: 741
  • # of teachers: 35
7
GreatSchools Rating

Thunderbird High School

  • Education Level: High
  • # of students: 1,507
  • # of teachers: 63
6
GreatSchools Rating
 

$292,500$357,500$325,000

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 -$1,129
Property Tax -$194
Property Insurance -$57
Property Management Fees -$99
CASH FLOW
-$109

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.

$325,000

PROJECTED PRICE

$1,370

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.0%
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-$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$91,875

INVESTMENT

$91,875

Down Payment
$81,250
Rehab Estimate
$5,750
Closing Costs
$4,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,129

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $81,250
Loan Amount $243,750
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$11,149

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
  • $0.9

    LIST RENT PER SQFT
  • $1,430

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,370
1$1,3702$1,4493$1,4504$1,5505$1,800
$1,800
RENT COMPS ANALYSIS
  • 2007 W Dahlia Drive Phoenix, AZ 1
    • 5 beds 2 baths ∙ 1,521 Sqft ∙ Built 1970 5 beds 2 baths ∙ 1,521 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $0.90
    •  
  • 3414 W Cactus Road Phoenix, AZ 2
    • 5 beds 2 baths ∙ 1,576 Sqft ∙ Built 1961 5 beds 2 baths ∙ 1,576 Sqft ∙ Built 1961
    LEASED 02/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,449
    • $0.92
    •  
  • 1619 W Pershing Avenue Phoenix, AZ 3
    • 4 beds 2 baths ∙ 1,534 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,534 Sqft ∙ Built 1971
    LEASED 01/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.95
    •  
  • 3301 W Altadena Avenue Phoenix, AZ 4
    • 4 beds 3 baths ∙ 1,713 Sqft ∙ Built 1961 4 beds 3 baths ∙ 1,713 Sqft ∙ Built 1961
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.90
    •  
  • 2150 W Eugie Avenue Phoenix, AZ 5
    • 4 beds 2 baths ∙ 1,823 Sqft ∙ Built 1970 4 beds 2 baths ∙ 1,823 Sqft ∙ Built 1970
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.99
    •  
PROPERTY LISTING DETAILS
Dominique Martinez
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183247
Last Updated: 01/22/2021
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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