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2025 E Campbell Avenue #338 Phoenix, AZ 85016

1 Beds 1 Baths 741 sqft Built 1989

$165,000

List Price

$1,070

$963 - $1.2K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $222.67
  • 53 Days on Market
  • MLS # : 6171935
  • Updated Date : 02/05/2021 at 20:54
CONSTRUCTION
  • Beds : 1
  • Floor Size : 741 sqft
  • Baths : 1 full
Listing Agent

Homesmart

Listing Agent's Description

If you are looking for a Haven in Central Phoenix, this is it! We are now $10,00 BELOW the most recent comp! BEST DEAL IN PHOENIX!!! Gated Community with a unit in the PERFECT spot! 3rd floor safety and lovely neighbors all around. But, once you are inside you have excellent Vaulted Ceilings, a lovely balcony for morning or evening sips while surrounded by trees and a courtyard view. Granite countertops and stainless steel appliances in the kitchen also a full sized washer and dryer in storeroom on balcony! All of this in the elite Biltmore area. This lovely community has 2 community Pools, 1 is heated. Also a heated spa and an Exercise Room!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Camelback East

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $91k307k

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

Neighborhood: Camelback East

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9341567

* 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
Madison Camelview Elementary School Primary Regular 689 33 4
Madison Park Middle School Middle Regular 423 22 4
Camelback High School High Regular 2,048 110 4

Madison Camelview Elementary School

  • Education Level: Primary
  • # of students: 689
  • # of teachers: 33
4
GreatSchools Rating

Madison Park Middle School

  • Education Level: Middle
  • # of students: 423
  • # of teachers: 22
4
GreatSchools Rating

Camelback High School

  • Education Level: High
  • # of students: 2,048
  • # of teachers: 110
4
GreatSchools Rating
 

$148,500$181,500$165,000

PURCHASE PRICE

$963$1,177$1,070

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,070
EXPENSES Loan Payment -$573
Property Tax -$119
Property Insurance -$42
HOA -$200
Property Management Fees -$99
CASH FLOW
$38

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.

$165,000

PROJECTED PRICE

$1,070

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 10.7%
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$100k$200k$300k$400k$500k$600k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$49,475

INVESTMENT

$49,475

Down Payment
$41,250
Rehab Estimate
$5,750
Closing Costs
$2,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$573

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $41,250
Loan Amount $123,750
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$10,476

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
  • $1,067

    COMP ESTIMATED VALUE
  • $1.44

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,1753$1,2004$1,2505$1,250
$1,250
RENT COMPS ANALYSIS
  • 2025 E Campbell Avenue #338 Phoenix, AZ 1
    • 1 beds 1 baths ∙ 741 Sqft ∙ Built 1989 1 beds 1 baths ∙ 741 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4343 N 21st Street #105 Phoenix, AZ 2
    • 1 beds 1 baths ∙ 847 Sqft ∙ Built 1998 1 beds 1 baths ∙ 847 Sqft ∙ Built 1998
    LEASED 02/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,175
    • $1.39
    •  
  • 4343 N 21st Street #121 Phoenix, AZ 3
    • 1 beds 1 baths ∙ 847 Sqft ∙ Built 1998 1 beds 1 baths ∙ 847 Sqft ∙ Built 1998
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.42
    •  
  • 4343 N 21st Street #111 Phoenix, AZ 4
    • 1 beds 1 baths ∙ 847 Sqft ∙ Built 1998 1 beds 1 baths ∙ 847 Sqft ∙ Built 1998
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.48
    •  
  • 4644 N 22nd Street #1017 Phoenix, AZ 5
    • 1 beds 1 baths ∙ 850 Sqft ∙ Built 1997 1 beds 1 baths ∙ 850 Sqft ∙ Built 1997
    LEASED 12/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.47
    •  
PROPERTY LISTING DETAILS
Nancy Perry
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6171935
Last Updated: 02/05/2021
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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