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2847 W Walden Way Anthem, AZ 85086

4 Beds 2 Baths 2,347 sqft Built 2002

$410,000

List Price

$1,920

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $174.69
  • 2 Days on Market
  • MLS # : 6163343
  • Updated Date : 11/20/2020 at 18:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,347 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Integrity First

Listing Agent's Description

Beautiful 4 bedroom/ 2 bath split floor plan home located in the Anthem Community. Kitchen has granite counters, stainless steel appliances, kitchen island, lots of counter space, which opens up into the Great Room. Spacious Master Bedroom w/granite counters, his/hers sinks, separate garden tub and shower, large walk-in closet with it's own separate exit to backyard. Tile and Carpet in all the right places. Relax in the private and serene backyard which offers a large covered paver patio and low maintenance landscaping.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10242203

* 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
Gavilan Peak School Primary Regular 779 47 9
Gavilan Peak School Middle Regular 779 47 9
Boulder Creek High School High Regular 2,639 105 6

Gavilan Peak School

  • Education Level: Primary
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Gavilan Peak School

  • Education Level: Middle
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Boulder Creek High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 105
6
GreatSchools Rating
 

$369,000$451,000$410,000

PURCHASE PRICE

$1,728$2,112$1,920

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,920
EXPENSES Loan Payment -$1,513
Property Tax -$360
Property Insurance -$73
HOA -$85
Property Management Fees -$99
CASH FLOW
-$210

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.

$410,000

PROJECTED PRICE

$1,920

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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-$5.0k$0.0$5.0k$10k

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$114,400

INVESTMENT

$114,400

Down Payment
$102,500
Rehab Estimate
$5,750
Closing Costs
$6,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,513

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $102,500
Loan Amount $307,500
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$9,822

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,920

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $2,065

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,9203$1,9954$2,0005$2,300
$2,300
RENT COMPS ANALYSIS
  • 2847 W Walden Way Anthem, AZ 2
    • 4 beds 2 baths ∙ 2,347 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,347 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $1,920
    • $0.82
    •  
  • 2609 W Medinah Way Anthem, AZ 1
    • 4 beds 2 baths ∙ 2,153 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,153 Sqft ∙ Built 2001
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.84
    •  
  • 41363 N Yorktown Trail Anthem, AZ 3
    • 3 beds 2 baths ∙ 2,153 Sqft ∙ Built 2001 3 beds 2 baths ∙ 2,153 Sqft ∙ Built 2001
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.93
    •  
  • 40821 N Capra Way Anthem, AZ 4
    • 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2000
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.81
    •  
  • 42045 N Crooked Stick Road Anthem, AZ 5
    • 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.94
    •  
PROPERTY LISTING DETAILS
Ryan Loeding
Keller Williams Integrity First
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163343
Last Updated: 11/20/2020
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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