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2532 W Shackleton Drive Phoenix, AZ 85086

6 Beds 3 Baths 3,361 sqft Built 2003

$570,000

List Price

$2,490

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $169.59
  • 10 Days on Market
  • MLS # : 6149684
  • Updated Date : 11/02/2020 at 21:49
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,361 sqft
  • Baths : 3 full
Listing Agent

Libertas Real Estate

Listing Agent's Description

Picture perfect! Welcome to this tastefully updated home with amazing views of Daisy Mountain from inside & the very private back yard. Featuring plank tile through the first floor, neutral paint, high profile baseboards, updated lighting w Edison bulbs, 72'' fans, modern door hardware & hinges in brushed nickel. Some of the best features are what you can't see, this home is fully automated: you can control inside/outside lighting & music, blinds, door locks & garage doors wirelessly via apps or Alexa. Outside you'll find a fully landscaped large yard that maximizes every inch of space, enjoy your putting green, stamped concrete patio & the pergola overlooking the large pool & waterfall. Other bonuses include plantation shutters, full epoxy on garage floor, & a nearly zero maintenance yard

SEE MORE

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
Diamond Canyon School Primary Regular 1,035 51 10
Diamond Canyon School Middle Regular 1,035 51 10
Boulder Creek High School High Regular 2,639 105 6

Diamond Canyon School

  • Education Level: Primary
  • # of students: 1,035
  • # of teachers: 51
10
GreatSchools Rating

Diamond Canyon School

  • Education Level: Middle
  • # of students: 1,035
  • # of teachers: 51
10
GreatSchools Rating

Boulder Creek High School

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

$513,000$627,000$570,000

PURCHASE PRICE

$2,241$2,739$2,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,490
EXPENSES Loan Payment -$2,103
Property Tax -$509
Property Insurance -$93
HOA -$86
Property Management Fees -$99
CASH FLOW
-$400

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.

$570,000

PROJECTED PRICE

$2,490

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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$156,800

INVESTMENT

$156,800

Down Payment
$142,500
Rehab Estimate
$5,750
Closing Costs
$8,550

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,103

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $142,500
Loan Amount $427,500
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$7,589

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,490

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $2,812

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$2,4903$2,7004$3,450
$3,450
RENT COMPS ANALYSIS
  • 2532 W Shackleton Drive Phoenix, AZ 2
    • 6 beds 3 baths ∙ 3,361 Sqft ∙ Built 2003 6 beds 3 baths ∙ 3,361 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $2,490
    • $0.74
    •  
  • 41019 N Wild West Trail Anthem, AZ 1
    • 5 beds 3 baths ∙ 3,138 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,138 Sqft ∙ Built 2001
    LEASED 06/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.64
    •  
  • 40027 N Pride Drive Anthem, AZ 3
    • 5 beds 3 baths ∙ 3,198 Sqft ∙ Built 2000 5 beds 3 baths ∙ 3,198 Sqft ∙ Built 2000
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.84
    •  
  • 40504 N Copper Basin Trail Anthem, AZ 4
    • 5 beds 3 baths ∙ 3,363 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,363 Sqft ∙ Built 2002
    LEASED 08/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $1.03
    •  
PROPERTY LISTING DETAILS
Jessica Bischof
Libertas Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6149684
Last Updated: 11/02/2020
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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