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25319 N 20th Avenue Phoenix, AZ 85085

3 Beds 3 Baths 1,940 sqft Built 2019

$415,000

List Price

$1,980

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $213.92
  • 3 Days on Market
  • MLS # : 6181614
  • Updated Date : 01/17/2021 at 03:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,940 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Fine Properties

Listing Agent's Description

Don't let your buyers miss out on this spectacular home built less than 2 years ago! The moment you open the door, you will feel like you're home. Wood look tile leads you to your great room and kitchen which is ideal for entertaining. Gorgeous kitchen with white cabinets, quartz waterfall center island with sink, gas range, stainless steel fridge and hood, built in oven and microwave and large pantry. Head upstairs to two secondary bedrooms and main bathroom followed by the master retreat that features huge walk in shower, double sinks and large bedroom.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Deer Valley

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $91k271k

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

Neighborhood: Deer Valley

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8411567

* 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
Esperanza Elementary School Primary Regular 566 40 5
Deer Valley Middle School Middle Regular 616 31 5
Barry Goldwater High School High Regular 1,856 88 4

Esperanza Elementary School

  • Education Level: Primary
  • # of students: 566
  • # of teachers: 40
5
GreatSchools Rating

Deer Valley Middle School

  • Education Level: Middle
  • # of students: 616
  • # of teachers: 31
5
GreatSchools Rating

Barry Goldwater High School

  • Education Level: High
  • # of students: 1,856
  • # of teachers: 88
4
GreatSchools Rating
 

$373,500$456,500$415,000

PURCHASE PRICE

$1,782$2,178$1,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,980
EXPENSES Loan Payment -$1,441
Property Tax -$248
Property Insurance -$65
HOA -$50
Property Management Fees -$99
CASH FLOW
$76

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$415,000

PROJECTED PRICE

$1,980

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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$0.0$5.0k$10k$15k$20k

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$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

6.5

YEARS SAVED

$31,801

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,980

    LIST RENT
  • $1.02

    LIST RENT PER SQFT
  • $2,037

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$1,675
1$1,6752$1,7753$1,9804$1,9955$2,000
$2,000
RENT COMPS ANALYSIS
  • 25319 N 20th Avenue Phoenix, AZ 3
    • 3 beds 3 baths ∙ 1,940 Sqft ∙ Built 2019 3 beds 3 baths ∙ 1,940 Sqft ∙ Built 2019
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,980
    • $1.02
    •  
  • 2150 W Alameda Road #1120 Phoenix, AZ 1
    • 4 beds 3 baths ∙ 1,675 Sqft ∙ Built 2017 4 beds 3 baths ∙ 1,675 Sqft ∙ Built 2017
    property image
    LEASED 08/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $1.00
    •  
  • 2150 W Alameda Road #1173 Phoenix, AZ 2
    • 4 beds 3 baths ∙ 1,675 Sqft ∙ Built 2016 4 beds 3 baths ∙ 1,675 Sqft ∙ Built 2016
    property image
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $1.06
    •  
  • 2150 W Alameda Road W #1258 Phoenix, AZ 4
    • 4 beds 3 baths ∙ 1,861 Sqft ∙ Built 2016 4 beds 3 baths ∙ 1,861 Sqft ∙ Built 2016
    property image
    LEASED 01/08/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.07
    •  
  • 2150 W Alameda Road #1329 Phoenix, AZ 5
    • 4 beds 3 baths ∙ 1,861 Sqft ∙ Built 2017 4 beds 3 baths ∙ 1,861 Sqft ∙ Built 2017
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.07
    •  
PROPERTY LISTING DETAILS
Delbert M Rounds
Re/max Fine Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6181614
Last Updated: 01/17/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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