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2620 E Captain Dreyfus Avenue Phoenix, AZ 85032

2 Beds 1 Baths 960 sqft Built 1980

$339,900

List Price

$1,120

$1K - $1.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $354.06
  • 3 Days on Market
  • MLS # : 6209352
  • Updated Date : 03/19/2021 at 13:06
CONSTRUCTION
  • Beds : 2
  • Floor Size : 960 sqft
  • Baths : 1 full
Listing Agent

Realty One Group

Listing Agent's Description

HARD TO FIND HORSE PROPETY IN TOWN located just 9 houses away from the Mountain Preserve where you can hike, bike or ride. This cozy remodeled cabin offers wonderful mountain views. Newly installed French doors take you outside for entertaining on the north facing back patio which runs the length of the house. Perfect for a intimate out door gathering or a large crowd. No HOA so bring all your toys, horses, chickens, etc. RV gate, fenced yard, round pen, stalls, tack room & covered hay area. Inside find vaulted ceilings & plenty of windows making this home bright and airy. The remodeled Kitchen has new Cabinets, Granite Countertops, Sink & Faucet, Disposal, Microwave and Dishwasher. The updated Bathroom has new flooring. Newly painted inside and out this home is move in ready.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Chateau Thierry

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $83k334k

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

Neighborhood: Chateau Thierry

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8621734

* 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
Shea Middle School Middle Regular 641 37 6
Shadow Mountain High School High Regular 1,390 67 3

Shea Middle School

  • Education Level: Middle
  • # of students: 641
  • # of teachers: 37
6
GreatSchools Rating

Shadow Mountain High School

  • Education Level: High
  • # of students: 1,390
  • # of teachers: 67
3
GreatSchools Rating
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,008$1,232$1,120

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,120
EXPENSES Loan Payment -$1,181
Property Tax -$214
Property Insurance -$46
Property Management Fees -$99
CASH FLOW
-$420

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.

$339,900

PROJECTED PRICE

$1,120

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 6.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$289

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
  • $914

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$7503$7994$7995$895
$895
RENT COMPS ANALYSIS
  • 2620 E Captain Dreyfus Avenue Phoenix, AZ 1
    • 2 beds 1 baths ∙ 960 Sqft ∙ Built 1980 2 beds 1 baths ∙ 960 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2216 E Eugie Terrace #101 Phoenix, AZ 2
    • 2 beds 1 baths ∙ 850 Sqft ∙ Built 1985 2 beds 1 baths ∙ 850 Sqft ∙ Built 1985
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $750
    • $0.88
    •  
  • 2216 E Eugie Terrace #107 Phoenix, AZ 3
    • 2 beds 1 baths ∙ 850 Sqft ∙ Built 1984 2 beds 1 baths ∙ 850 Sqft ∙ Built 1984
    property image
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $799
    • $0.94
    •  
  • 2216 E Eugie Terrace #211 Phoenix, AZ 4
    • 2 beds 1 baths ∙ 800 Sqft ∙ Built 1984 2 beds 1 baths ∙ 800 Sqft ∙ Built 1984
    property image
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $799
    • $1.00
    •  
  • 2217 E Cactus Road #3 Phoenix, AZ 5
    • 2 beds 2 baths ∙ 900 Sqft ∙ Built 1979 2 beds 2 baths ∙ 900 Sqft ∙ Built 1979
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $895
    • $0.99
    •  
PROPERTY LISTING DETAILS
Linda Carol Skartvedt
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209352
Last Updated: 03/19/2021
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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