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27833 N Gidiyup Trail Phoenix, AZ 85085

4 Beds 2 Baths 2,339 sqft Built 2006

$495,000

List Price

$1,970

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

February 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $211.63
  • 3 Days on Market
  • MLS # : 6193368
  • Updated Date : 02/13/2021 at 15:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,339 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Beautiful Meritage home in Valley Vista with mountain views from covered patio and salt water pool. Kitchen has been redone with quartz countertops, new sink, fixtures and reverse osmosis system. Master bathroom has large shower with newly appointed tile and new quartz countertops. Guest bathroom was updated with new quartz countertops, new sinks and fixtures. Large Bonus room could be an exercise room, play room, office etc. Interior was repainted in 2018. Exterior was repainted in 2016 and new rain gutters were installed. Close to community park and walking trail.

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
Barry Goldwater High School High Regular 1,856 88 4

Barry Goldwater High School

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

$445,500$544,500$495,000

PURCHASE PRICE

$1,773$2,167$1,970

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,970
EXPENSES Loan Payment -$1,719
Property Tax -$296
Property Insurance -$73
HOA -$20
Property Management Fees -$99
CASH FLOW
-$237

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.

$495,000

PROJECTED PRICE

$1,970

PROJECTED RENT

0.40%

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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$136,925

INVESTMENT

$136,925

Down Payment
$123,750
Rehab Estimate
$5,750
Closing Costs
$7,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,719

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $123,750
Loan Amount $371,250
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$12,708

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
  • $1,982

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7503$1,7954$1,8255$2,050
$2,050
RENT COMPS ANALYSIS
  • 27833 N Gidiyup Trail Phoenix, AZ 1
    • 4 beds 2 baths ∙ 2,339 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,339 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 28008 N 23rd Lane Phoenix, AZ 2
    • 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002
    property image
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.80
    •  
  • 2329 W White Feather Lane Phoenix, AZ 3
    • 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.82
    •  
  • 27917 N 23rd Lane Phoenix, AZ 4
    • 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.83
    •  
  • 28005 N 23rd Drive Phoenix, AZ 5
    • 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 2002
    property image
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.94
    •  
PROPERTY LISTING DETAILS
Brandon R Kauffman
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193368
Last Updated: 02/13/2021
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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