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3009 W Anderson Drive Phoenix, AZ 85053

3 Beds 2 Baths 2,176 sqft Built 2008

$399,000

List Price

$1,620

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $183.36
  • 3 Days on Market
  • MLS # : 6202722
  • Updated Date : 03/06/2021 at 02:36
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,176 sqft
  • Baths : 2 full
Listing Agent

Arizona Premier Realty Homes & Land, Llc

Listing Agent's Description

MUST SEE! Move-In Ready Model Home. Rare 2008 build, large 2,179 sq. ft. home with tons of upgrades. Incredible Location next to Loop 101 and I-17 Freeways & minutes from Arrowhead Mall. This high demand single level 3 bedroom/2 bath open floor plan offers a Huge open kitchen with granite countertops & upgraded cabinets. The large kitchen pantry is a must see. Master bedroom has his/hers closets & each additional bedroom has its own large walk-in closets. The home is also handicap accessible with wider hallways, door frames & bathrooms. Numerous skylights throughout the home save on APS bills. The garage is also cooled by an Evap cooler. Low maintenance back yard ready for your own personal design. Front yard landscaping is completely new & updated. RV gate on the West side of home.

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
Desert Sky Middle School Middle Regular 642 28 6
Deer Valley High School High Regular 1,854 95 5

Desert Sky Middle School

  • Education Level: Middle
  • # of students: 642
  • # of teachers: 28
6
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 1,854
  • # of teachers: 95
5
GreatSchools Rating
 

$359,100$438,900$399,000

PURCHASE PRICE

$1,458$1,782$1,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,620
EXPENSES Loan Payment -$1,386
Property Tax -$239
Property Insurance -$70
Property Management Fees -$99
CASH FLOW
-$173

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.

$399,000

PROJECTED PRICE

$1,620

PROJECTED RENT

0.41%

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

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$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,485

INVESTMENT

$111,485

Down Payment
$99,750
Rehab Estimate
$5,750
Closing Costs
$5,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,386

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $99,750
Loan Amount $299,250
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$11,495

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
  • $1,647

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7003$1,7504$1,800
$1,800
RENT COMPS ANALYSIS
  • 3009 W Anderson Drive Phoenix, AZ 1
    • 3 beds 2 baths ∙ 2,176 Sqft ∙ Built 2008 3 beds 2 baths ∙ 2,176 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 16210 N 22nd Lane Phoenix, AZ 2
    • 3 beds 3 baths ∙ 2,236 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,236 Sqft ∙ Built 2008
    property image
    LEASED 02/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.76
    •  
  • 4055 W Aire Libre Avenue Phoenix, AZ 3
    • 4 beds 2 baths ∙ 2,269 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,269 Sqft ∙ Built 2002
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.77
    •  
  • 2048 W Monte Cristo Avenue Phoenix, AZ 4
    • 3 beds 3 baths ∙ 2,446 Sqft ∙ Built 2009 3 beds 3 baths ∙ 2,446 Sqft ∙ Built 2009
    property image
    LEASED 11/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.74
    •  
PROPERTY LISTING DETAILS
Thomas Charles Salmons
Arizona Premier Realty Homes & Land, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202722
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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