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

2521 W Pumpkin Ridge Drive Anthem, AZ 85086

4 Beds 4 Baths 3,290 sqft Built 2006

$839,000

List Price

$3,190

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $255.02
  • 2 Days on Market
  • MLS # : 6169296
  • Updated Date : 12/12/2020 at 02:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,290 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty Executives

Listing Agent's Description

STUNNING VIEWS define this GORGEOUS HOME on an ELEVATED LOT OVERLOOKING the 17th HOLE of the Persimmon course at Anthem Country Club. Golf course, mountain, desert, and the evening lights can be enjoyed from the incredible backyard patio and/or from the cozy negative edge spool heating to 104 with a cascading water feature. The SUNSETS ARE AMAZING!This popular 3,290 sq ft Sonoma model features 4 bedrooms + a den with 3.5 baths, granite kitchen counters, stainless appliances, dark wood cabinets, and spacious owner's suite with tile walk-in shower. Home features beautiful low maintenance landscaping and outdoor BBQ/Bar area under pergola in backyard and courtyard in the front.ALL FURNISHINGS are available as an additional package to make this an incredible turn-key 2nd home option.

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
 

$755,100$922,900$839,000

PURCHASE PRICE

$2,871$3,509$3,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,190
EXPENSES Loan Payment -$3,096
Property Tax -$783
Property Insurance -$91
HOA -$131
Property Management Fees -$99
CASH FLOW
-$1,010

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.

$839,000

PROJECTED PRICE

$3,190

PROJECTED RENT

0.38%

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$228,085

INVESTMENT

$228,085

Down Payment
$209,750
Rehab Estimate
$5,750
Closing Costs
$12,585

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,096

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $209,750
Loan Amount $629,250
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$688

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
  • $2,673

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,3504$2,6005$3,000
$3,000
RENT COMPS ANALYSIS
  • 2521 W Pumpkin Ridge Drive Anthem, AZ 1
    • 4 beds 4 baths ∙ 3,290 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,290 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 41052 N Wild West Trail Anthem, AZ 2
    • 5 beds 3 baths ∙ 3,136 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,136 Sqft ∙ Built 2001
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.73
    •  
  • 1814 W Wayne Lane Anthem, AZ 3
    • 5 beds 4 baths ∙ 2,983 Sqft ∙ Built 2005 5 beds 4 baths ∙ 2,983 Sqft ∙ Built 2005
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.79
    •  
  • 2211 W Morse Court Anthem, AZ 4
    • 4 beds 3 baths ∙ 3,084 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,084 Sqft ∙ Built 2003
    LEASED 11/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.84
    •  
  • 40408 N Copper Basin Trail Phoenix, AZ 5
    • 4 beds 3 baths ∙ 3,363 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,363 Sqft ∙ Built 2003
    LEASED 09/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.89
    •  
PROPERTY LISTING DETAILS
Dale Samar
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6169296
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