Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

2025 S 84th Avenue Tolleson, AZ 85353

4 Beds 3 Baths 2,349 sqft Built 2002

$300,000

List Price

$1,470

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $127.71
  • 4 Days on Market
  • MLS # : 6165143
  • Updated Date : 11/28/2020 at 16:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,349 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Checkout this beautiful two story home in Tolleson! This four bedroom home has New Paint, Stained Cabinets, a two car garage and a lovely desert landscape in front, huge backyard with a large extended covered patio, and an open canvas that's waiting for your design dream to come true. Spacious great room, additional living room and eat in kitchen. New Granite counter top, stainless steel appliances with stainless steel refrigerator and built in microwave, lots of counter/cabinet space, dining area and guest half bath. Three bedrooms have access to a full bathroom, the master bedroom has a full bath with double sink and a walk in closet. A very large loft with laminate wood flooring can be used for a play room or another den. This one is sure to go fast, see it today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ryland at Heritage Point

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Ryland at Heritage Point

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7991567

* 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
Dos Rios Elementary School Primary Regular 1,021 41 2
Dos Rios Elementary School Middle Regular 1,021 41 2
Tolleson Union High School High Regular 1,911 91 4

Dos Rios Elementary School

  • Education Level: Primary
  • # of students: 1,021
  • # of teachers: 41
2
GreatSchools Rating

Dos Rios Elementary School

  • Education Level: Middle
  • # of students: 1,021
  • # of teachers: 41
2
GreatSchools Rating

Tolleson Union High School

  • Education Level: High
  • # of students: 1,911
  • # of teachers: 91
4
GreatSchools Rating
 

$270,000$330,000$300,000

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 -$1,107
Property Tax -$194
Property Insurance -$73
HOA -$15
Property Management Fees -$99
CASH FLOW
-$18

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.

$300,000

PROJECTED PRICE

$1,470

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 10.4%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,107

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$19,570

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
  • $1,574

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4753$1,5254$1,5955$1,595
$1,595
RENT COMPS ANALYSIS
  • 2025 S 84th Avenue Tolleson, AZ 1
    • 4 beds 3 baths ∙ 2,349 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,349 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8337 W Gross Avenue Tolleson, AZ 2
    • 4 beds 3 baths ∙ 2,455 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,455 Sqft ∙ Built 2002
    property image
    LEASED 12/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.60
    •  
  • 8420 W Hughes Drive Tolleson, AZ 3
    • 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002
    property image
    LEASED 04/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.70
    •  
  • 8341 W Hughes Drive Tolleson, AZ 4
    • 4 beds 3 baths ∙ 2,352 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,352 Sqft ∙ Built 2001
    property image
    LEASED 12/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.68
    •  
  • 8151 W Hilton Avenue Phoenix, AZ 5
    • 3 beds 3 baths ∙ 2,285 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,285 Sqft ∙ Built 2001
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.70
    •  
PROPERTY LISTING DETAILS
Maisha Fair
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165143
Last Updated: 11/28/2020
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.

BESbswy