Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

3039 E Saint John Road Phoenix, AZ 85032

4 Beds 2 Baths 2,121 sqft Built 2007

$435,000

List Price

$2,100

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $205.09
  • 2 Days on Market
  • MLS # : 6210103
  • Updated Date : 03/20/2021 at 18:49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,121 sqft
  • Baths : 2 full
Listing Agent

Savage-walker Realty

Listing Agent's Description

Wonderful Location. Close to shopping! Great 4 bedroom home with 2 baths. Split floor plan with nice size rooms. Master bedroom features separate bedroom exit, oversized walk in closet, tiled shower surround, counter tops and garden tub. Kitchen is upgraded with granite counter tops. Large pantry and lots of counter space also! Ceramic tile in all the right areas! 3 car garage and over sized lot and RV Gate! Exterior recently painted. Need WE SAY MORE??? What are you waiting for won't last long!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Campo Bello

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Campo Bello

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Vista Verde Middle School Middle Regular 637 31 4
Paradise Valley High School High Regular 1,806 99 5
Paradise Valley High School High Unknown NA

Vista Verde Middle School

  • Education Level: Middle
  • # of students: 637
  • # of teachers: 31
4
GreatSchools Rating

Paradise Valley High School

  • Education Level: High
  • # of students: 1,806
  • # of teachers: 99
5
GreatSchools Rating

Paradise Valley High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$391,500$478,500$435,000

PURCHASE PRICE

$1,890$2,310$2,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,100
EXPENSES Loan Payment -$1,511
Property Tax -$274
Property Insurance -$69
Property Management Fees -$99
CASH FLOW
$148

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.

$435,000

PROJECTED PRICE

$2,100

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 3.9%
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$1.4M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

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$121,025

INVESTMENT

$121,025

Down Payment
$108,750
Rehab Estimate
$5,750
Closing Costs
$6,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,511

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $108,750
Loan Amount $326,250
See What Happens When You Reinvest Cash Flow

7.33

YEARS SAVED

$39,586

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
  • $2,429

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9353$2,1954$2,1955$2,350
$2,350
RENT COMPS ANALYSIS
  • 3039 E Saint John Road Phoenix, AZ 1
    • 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17650 N 30th Street Phoenix, AZ 2
    • 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2006
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,935
    • $1.08
    •  
  • 2630 E Danbury Road Phoenix, AZ 3
    • 4 beds 3 baths ∙ 1,932 Sqft ∙ Built 2020 4 beds 3 baths ∙ 1,932 Sqft ∙ Built 2020
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $1.14
    •  
  • 2634 E Danbury Road Phoenix, AZ 4
    • 4 beds 3 baths ∙ 1,932 Sqft ∙ Built 2019 4 beds 3 baths ∙ 1,932 Sqft ∙ Built 2019
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $1.14
    •  
  • 2631 E Danbury Road Phoenix, AZ 5
    • 5 beds 3 baths ∙ 1,932 Sqft ∙ Built 2020 5 beds 3 baths ∙ 1,932 Sqft ∙ Built 2020
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.22
    •  
PROPERTY LISTING DETAILS
Sarah Savage
Savage-walker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6210103
Last Updated: 03/20/2021
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.

BESbswy