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212 W Saguaro Road Phoenix, AZ 85086

3 Beds 3 Baths 2,213 sqft Built 2003

$525,000

List Price

$2,040

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $237.23
  • 4 Days on Market
  • MLS # : 6162291
  • Updated Date : 11/19/2020 at 16:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,213 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Welcome to your new Desert Hills home complete with privacy and mountain views. Your new property is double fenced with 5ft no-climb on the exterior perimeter for your horses and 6ft block fence for additional privacy surrounding your private pool & above ground spa. This true Great Room floor plan offers split bedrooms and includes a jack & jill set up. Your functional floor plan has an easy flow, large kitchen w/ granite slab counter tops, a breakfast bar & nook which opens to the Great Room, as well as upgraded built in cabinets in the den. Need extra space? your oversized 3 car garage has room for a work area. Don't miss your opportunity to own acreage in a popular non-HOA area. Bring your horses, trailers, boats and RV's and never pay for storage again.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: New River

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $91k371k

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

Neighborhood: New River

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400Rent in $9342423

* 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
Desert Mountain School Primary Regular 695 42 7
Desert Mountain School Middle Regular 695 42 7
Boulder Creek High School High Regular 2,639 105 6

Desert Mountain School

  • Education Level: Primary
  • # of students: 695
  • # of teachers: 42
7
GreatSchools Rating

Desert Mountain School

  • Education Level: Middle
  • # of students: 695
  • # of teachers: 42
7
GreatSchools Rating

Boulder Creek High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 105
6
GreatSchools Rating
 

$472,500$577,500$525,000

PURCHASE PRICE

$1,836$2,244$2,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,040
EXPENSES Loan Payment -$1,937
Property Tax -$409
Property Insurance -$70
Property Management Fees -$99
CASH FLOW
-$475

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.

$525,000

PROJECTED PRICE

$2,040

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$144,875

INVESTMENT

$144,875

Down Payment
$131,250
Rehab Estimate
$5,750
Closing Costs
$7,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,937

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $131,250
Loan Amount $393,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$4,020

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
  • $2,064

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7003$1,8004$2,2955$2,500
$2,500
RENT COMPS ANALYSIS
  • 212 W Saguaro Road Phoenix, AZ 1
    • 3 beds 3 baths ∙ 2,213 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,213 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 39922 N Bell Meadow Trail Anthem, AZ 2
    • 4 beds 3 baths ∙ 1,965 Sqft ∙ Built 2004 4 beds 3 baths ∙ 1,965 Sqft ∙ Built 2004
    LEASED 12/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.87
    •  
  • 1625 W Kuralt Drive Anthem, AZ 3
    • 4 beds 3 baths ∙ 1,965 Sqft ∙ Built 2004 4 beds 3 baths ∙ 1,965 Sqft ∙ Built 2004
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.92
    •  
  • 1682 W Ainsworth Drive Phoenix, AZ 4
    • 3 beds 3 baths ∙ 2,385 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,385 Sqft ∙ Built 2004
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.96
    •  
  • 1613 W Ainsworth Drive Phoenix, AZ 5
    • 3 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,546 Sqft ∙ Built 2004
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.98
    •  
PROPERTY LISTING DETAILS
Michael A Parrish
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162291
Last Updated: 11/19/2020
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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