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2817 S 80th Drive Phoenix, AZ 85043

5 Beds 3 Baths 2,557 sqft Built 2003

$355,000

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $138.83
  • 2 Days on Market
  • MLS # : 6203533
  • Updated Date : 03/06/2021 at 22:44
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,557 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Location, location, location! This is your chance to own a gorgeous two-story property in Phoenix! This amazing home has everything you're looking for, starting with an exquisite curb appeal, 3 CAR GARAGE, and mature landscaping. You will fall in love with the perfect layout interior! Includes grand high ceilings in all the right places. Spacious living areas and tons of natural sunlight. The master bedroom has all the must-haves to be a complete retreat. Enjoy the Arizona evenings in your fantastic backyard. This house is ready for you to move-in! This home has been well cared for and is super clean! Close to restaurants, markets, and the 202 Loop. You cannot miss this deal! RARE- full bath and bedroom on the 1st level - NICE!!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sundance Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Sundance Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8181567

* 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
Tuscano Elementary School Primary Regular 719 34 4
Santa Maria Middle School Middle Regular 700 33 3
Sierra Linda High School High Regular 1,883 72 1

Tuscano Elementary School

  • Education Level: Primary
  • # of students: 719
  • # of teachers: 34
4
GreatSchools Rating

Santa Maria Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 33
3
GreatSchools Rating

Sierra Linda High School

  • Education Level: High
  • # of students: 1,883
  • # of teachers: 72
1
GreatSchools Rating
 

$319,500$390,500$355,000

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$1,233
Property Tax -$205
Property Insurance -$77
HOA -$49
Property Management Fees -$99
CASH FLOW
$37

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.

$355,000

PROJECTED PRICE

$1,700

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.9%
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$1.2M

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$99,825

INVESTMENT

$99,825

Down Payment
$88,750
Rehab Estimate
$5,750
Closing Costs
$5,325

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,233

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $88,750
Loan Amount $266,250
See What Happens When You Reinvest Cash Flow

5.83

YEARS SAVED

$23,554

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $0.66

    LIST RENT PER SQFT
  • $1,828

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5953$1,7004$1,7005$1,995
$1,995
RENT COMPS ANALYSIS
  • 2817 S 80th Drive Phoenix, AZ 4
    • 5 beds 2 baths ∙ 2,557 Sqft ∙ Built 2003 5 beds 2 baths ∙ 2,557 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.66
    •  
  • 2811 S 83rd Drive Tolleson, AZ 1
    • 4 beds 3 baths ∙ 2,228 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,228 Sqft ∙ Built 2005
    LEASED 09/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.67
    •  
  • 8341 W Hughes Drive Tolleson, AZ 2
    • 4 beds 3 baths ∙ 2,352 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,352 Sqft ∙ Built 2001
    LEASED 12/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.68
    •  
  • 8804 W Preston Lane Tolleson, AZ 3
    • 4 beds 3 baths ∙ 2,363 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,363 Sqft ∙ Built 2005
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.72
    •  
  • 8024 W Pomo Street Phoenix, AZ 5
    • 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2002
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.79
    •  
PROPERTY LISTING DETAILS
Martin C Sears
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203533
Last Updated: 03/06/2021
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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