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2325 W Twain Drive Anthem, AZ 85086

4 Beds 3 Baths 3,634 sqft Built 2004

$695,000

List Price

$3,080

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $191.25
  • 3 Days on Market
  • MLS # : 6198842
  • Updated Date : 02/26/2021 at 03:46
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,634 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

Stunning single level updated Anthem Parkside home located on a private lot backing to natural area open space. Beautiful wood look tile floors throughout for easy upkeep. This move-in ready home features plantation shutters, shiplap accent walls, new lighting fixtures, quartz counters in kitchen with stone backsplash, farmhouse sink, brand new stainless dishwasher, double drawer refrig, walk-in pantry, reverse osmosis, large center island and a soft water system. The backyard is an entertainers dream with an extended patio, pool with water feature, raised spa, gas fireplace, built-in BBQ, large Ramada and artificial turf. A bonus room with separate entry makes a great workout room, man cave, or art studio. In addition to the 3.5 car garage with built-in cabinets, there are 2 large

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PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10242203

* 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
Boulder Creek High School High Regular 2,639 105 6
Boulder Creek High School High Unknown NA

Boulder Creek High School

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

Boulder Creek High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$625,500$764,500$695,000

PURCHASE PRICE

$2,772$3,388$3,080

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,080
EXPENSES Loan Payment -$2,414
Property Tax -$610
Property Insurance -$98
HOA -$28
Property Management Fees -$99
CASH FLOW
-$169

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.

$695,000

PROJECTED PRICE

$3,080

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$189,925

INVESTMENT

$189,925

Down Payment
$173,750
Rehab Estimate
$5,750
Closing Costs
$10,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,414

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $173,750
Loan Amount $521,250
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$24,012

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,080

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$3,080
1$3,080
$3,080
RENT COMPS ANALYSIS
  • 2325 W Twain Drive Anthem, AZ
    • 4 beds 3 baths ∙ 3,634 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,634 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $3,080
    • $0.85
    •  
PROPERTY LISTING DETAILS
Lorrie Feld
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6198842
Last Updated: 02/26/2021
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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