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

2348 W Shadow Glen Court Anthem, AZ 85086

3 Beds 3 Baths 2,454 sqft Built 2000

$499,900

List Price

$2,420

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $203.71
  • 2 Days on Market
  • MLS # : 6170574
  • Updated Date : 12/12/2020 at 12:42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,454 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Elite

Listing Agent's Description

Nestled in the Gated, Guarded community of Anthem Country Club this desirable Peregrine model with Casita! The gourmet kitchen includes maple cabinets, granite counters, tumbled Travertine back-splash, Stainless Steel appliances and granite sink. Enclosed den can be used as 4th bedroom Plantation shutters and new sunscreens. Main home has a newer HVAC (2016) and New exterior paint 2020. Features great open layout with additional enclosed den. Gorgeous fireplace and tons of upgrades in home! The backyard oasis has a private HEATED pool and spa with beautiful water feature. New variable speed pump also. The Community amenities are second to none - include 2 of everything- Championship Golf Courses, Fitness Centers, Tennis Facilities, and more!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k484k

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

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10452521

* 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
Gavilan Peak School Primary Regular 779 47 9
Gavilan Peak School Middle Regular 779 47 9
Boulder Creek High School High Regular 2,639 105 6

Gavilan Peak School

  • Education Level: Primary
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Gavilan Peak School

  • Education Level: Middle
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Boulder Creek High School

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

$449,910$549,890$499,900

PURCHASE PRICE

$2,178$2,662$2,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,420
EXPENSES Loan Payment -$1,844
Property Tax -$467
Property Insurance -$75
HOA -$229
Property Management Fees -$99
CASH FLOW
-$294

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.

$499,900

PROJECTED PRICE

$2,420

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.0%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$138,224

INVESTMENT

$138,224

Down Payment
$124,975
Rehab Estimate
$5,750
Closing Costs
$7,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,844

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $124,975
Loan Amount $374,925
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$8,267

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
  • $2,442

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,6004$2,6005$2,600
$2,600
RENT COMPS ANALYSIS
  • 2348 W Shadow Glen Court Anthem, AZ 1
    • 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 42045 N Crooked Stick Road Anthem, AZ 2
    • 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000
    property image
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.94
    •  
  • 41735 N Maidstone Court Anthem, AZ 3
    • 3 beds 3 baths ∙ 2,572 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,572 Sqft ∙ Built 2000
    property image
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.01
    •  
  • 41707 N Iron Horse Drive Anthem, AZ 4
    • 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.01
    •  
  • 2823 W Wayne Lane Anthem, AZ 5
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001
    property image
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.02
    •  
PROPERTY LISTING DETAILS
Shannon Cunningham
Keller Williams Elite
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170574
Last Updated: 12/12/2020
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