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26205 N 5th Street Phoenix, AZ 85085

4 Beds 3 Baths 3,195 sqft Built 2004

$745,000

List Price

$2,680

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $233.18
  • 2 Days on Market
  • MLS # : 6210193
  • Updated Date : 03/20/2021 at 22:59
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,195 sqft
  • Baths : 2 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

This spectacular custom home is nestled on acre lot overlooking the Phoenix Sonoran Preserve & has views around every corner! The home boasts 2 stunning fireplaces, a bright & split floor plan, with oversized windows & soaring ceilings allowing natural light to flood in. The gourmet kitchen features granite countertops, stainless steel appliances, a built in wine refrigerator, a breakfast nook & a great formal dining room. In the spacious master retreat you will find direct backyard access, a luxurious bathroom with separate his & her's sinks, a jetted tub, a private toilet & a walk-in shower & closet. The secluded backyard is perfect for entertaining or lounging with the built in BBQ, stone fireplace, fire pit, bar area & beautiful desert landscaping. Book your showing today!

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
Deer Valley Middle School Middle Regular 616 31 5
Barry Goldwater High School High Regular 1,856 88 4

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
 

$670,500$819,500$745,000

PURCHASE PRICE

$2,412$2,948$2,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,680
EXPENSES Loan Payment -$2,588
Property Tax -$413
Property Insurance -$89
Property Management Fees -$99
CASH FLOW
-$509

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.

$745,000

PROJECTED PRICE

$2,680

PROJECTED RENT

0.36%

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

PROJECTED ANNUAL CASH FLOW

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

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$203,175

INVESTMENT

$203,175

Down Payment
$186,250
Rehab Estimate
$5,750
Closing Costs
$11,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,588

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $186,250
Loan Amount $558,750
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$11,329

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
  • $2,503

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0003$2,4984$2,890
$2,890
RENT COMPS ANALYSIS
  • 26205 N 5th Street Phoenix, AZ 1
    • 4 beds 3 baths ∙ 3,195 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,195 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1827 W Bonanza Drive Phoenix, AZ 2
    • 4 beds 2 baths ∙ 3,058 Sqft ∙ Built 2016 4 beds 2 baths ∙ 3,058 Sqft ∙ Built 2016
    LEASED 10/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.65
    •  
  • 1651 W Cavedale Drive Phoenix, AZ 3
    • 5 beds 4 baths ∙ 2,909 Sqft ∙ Built 2012 5 beds 4 baths ∙ 2,909 Sqft ∙ Built 2012
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,498
    • $0.86
    •  
  • 26715 N 10th Lane Phoenix, AZ 4
    • 4 beds 4 baths ∙ 3,424 Sqft ∙ Built 2014 4 beds 4 baths ∙ 3,424 Sqft ∙ Built 2014
    LEASED 02/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,890
    • $0.84
    •  
PROPERTY LISTING DETAILS
David Arustamian
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6210193
Last Updated: 03/20/2021
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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