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27327 N 54th Avenue Phoenix, AZ 85083

4 Beds 2 Baths 1,760 sqft Built 2010

$395,000

List Price

$1,810

$1.6K - $2K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $224.43
  • 4 Days on Market
  • MLS # : 6175828
  • Updated Date : 12/31/2020 at 17:18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,760 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Move in ready 4 bed, 2 bath home in the very desirable Stetson Valley community. Home features an owned solar unit. Even with 100% work from home, the bill for a family of 3 in 2020 averaged around $60 per month. Home is within walking distance to Deem Hills Park, several community parks and splash pads. The home features neutral paint. The kitchen is warm and inviting and is comprised of granite countertops, a sizable pantry, stainless steel appliances, gas range and an island breakfast bar. The owners suite has a large walk-in closet and on suite bathroom with separate shower and soaking tub. The home has great storage with multiple linen closets and overhead storage in the garage. The yard feature low maintenance landscaping. The backyard has a covered patio & pavers, great for hosting!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Stetson Valley

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k487k

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

Neighborhood: Stetson Valley

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9342160

* 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
Las Brisas Elementary School Primary Regular 834 44 8
Hillcrest Middle School Middle Regular 991 40 8
Sandra Day O'connor High School High Regular 2,481 108 6

Las Brisas Elementary School

  • Education Level: Primary
  • # of students: 834
  • # of teachers: 44
8
GreatSchools Rating

Hillcrest Middle School

  • Education Level: Middle
  • # of students: 991
  • # of teachers: 40
8
GreatSchools Rating

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating
 

$355,500$434,500$395,000

PURCHASE PRICE

$1,629$1,991$1,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,810
EXPENSES Loan Payment -$1,457
Property Tax -$236
Property Insurance -$62
HOA -$24
Property Management Fees -$99
CASH FLOW
-$69

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.

$395,000

PROJECTED PRICE

$1,810

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.6%
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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$110,425

INVESTMENT

$110,425

Down Payment
$98,750
Rehab Estimate
$5,750
Closing Costs
$5,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,457

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $98,750
Loan Amount $296,250
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$21,186

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
  • $1,663

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5953$1,7504$1,8505$1,864
$1,864
RENT COMPS ANALYSIS
  • 27327 N 54th Avenue Phoenix, AZ 1
    • 4 beds 2 baths ∙ 1,760 Sqft ∙ Built 2010 4 beds 2 baths ∙ 1,760 Sqft ∙ Built 2010
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 26704 N Babbling Brook Drive Phoenix, AZ 2
    • 3 beds 3 baths ∙ 1,661 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,661 Sqft ∙ Built 2007
    property image
    LEASED 09/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.96
    •  
  • 25922 N 53rd Drive Phoenix, AZ 3
    • 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2008
    property image
    LEASED 12/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.93
    •  
  • 25919 N 54th Avenue Phoenix, AZ 4
    • 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2007
    property image
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.98
    •  
  • 5126 W Molly Lane Phoenix, AZ 5
    • 4 beds 2 baths ∙ 2,042 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,042 Sqft ∙ Built 2006
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,864
    • $0.91
    •  
PROPERTY LISTING DETAILS
Megan Renee Avalos
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6175828
Last Updated: 12/31/2020
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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