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3026 E Captain Dreyfus Avenue Phoenix, AZ 85032

3 Beds 2 Baths 1,330 sqft Built 1999

$435,500

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $327.44
  • 2 Days on Market
  • MLS # : 6203635
  • Updated Date : 03/06/2021 at 19:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,330 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

BEAUTIFUL HOME FOR SALE IN AN AMAZING LOCATION! Nestled in the heart of phoenix this home has a new re modeled kitchen, new appliances, granite countertops, stunning tile, vaulted ceilings and fully updated lighting & plumbing fixtures. The Kitchen opens to the dining area & the great room with soaring ceilings which is perfect for entertaining family and friends. The master bedroom has vaulted ceilings, master bath has dual sinks, separate tub/shower & HUGE walk in closet. New window treatments and much more. The backyard is private. Close to Schools, Freeways, Fine Dining and Shopping at Desert Ridge and Kierland Commons. View today..

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sweetwater Cove

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $91k307k

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

Neighborhood: Sweetwater Cove

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29501000105011001150120012501300135014001450150015501600Rent in $9341628

* 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
Shea Middle School Middle Regular 641 37 6
Shadow Mountain High School High Regular 1,390 67 3

Shea Middle School

  • Education Level: Middle
  • # of students: 641
  • # of teachers: 37
6
GreatSchools Rating

Shadow Mountain High School

  • Education Level: High
  • # of students: 1,390
  • # of teachers: 67
3
GreatSchools Rating
 

$391,950$479,050$435,500

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$1,513
Property Tax -$274
Property Insurance -$53
HOA -$12
Property Management Fees -$99
CASH FLOW
-$461

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.

$435,500

PROJECTED PRICE

$1,490

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.9%
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-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$121,158

INVESTMENT

$121,158

Down Payment
$108,875
Rehab Estimate
$5,750
Closing Costs
$6,533

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,513

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $108,875
Loan Amount $326,625
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$1,303

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,490

    LIST RENT
  • $1.12

    LIST RENT PER SQFT
  • $1,483

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$1,490
1$1,4902$1,6953$1,6954$1,7005$1,900
$1,900
RENT COMPS ANALYSIS
  • 3026 E Captain Dreyfus Avenue Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $1.12
    •  
  • 3042 E Captain Dreyfus Avenue Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,555 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,555 Sqft ∙ Built 1999
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.09
    •  
  • 3038 E Captain Dreyfus Avenue Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,554 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,554 Sqft ∙ Built 1999
    LEASED 10/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.09
    •  
  • 13032 N 30th Place Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 1998
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.12
    •  
  • 14008 N 29th Street Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,635 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,635 Sqft ∙ Built 1991
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.16
    •  
PROPERTY LISTING DETAILS
Lisa Greguska
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203635
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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