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3134 N Los Alamos -- Mesa, AZ 85213

4 Beds 4 Baths 2,713 sqft Built 2016

$630,000

List Price

$2,750

$2.5K - $3K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $232.22
  • 3 Days on Market
  • MLS # : 6174780
  • Updated Date : 01/02/2021 at 03:48
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,713 sqft
  • Baths : 4 full
Listing Agent

Superlative Realty

Listing Agent's Description

This incredible 4 bedroom/4 bath has everything that makes a house a home,even a gorgeous casita with its own outdoor and indoor entries! An exceptional split floor plan w/ spacious living! From the moment of entering thru its custom designed iron door, this home reveals itself with a grand open floor plan, a formal dining room that flows directly to a great room & beautifully designed eat in kitchen. Loaded with amenities, hide a hose central vac, custom window coverings thru out ,den/office, full paver driveway, RV gate & 2 car garage complete w/ epoxy floor, overhead garage door storage racks, & full set of cabinets! Surround sound pkg.,Harmony remote pkg.,security system,& freshly painted interior! Home opens to a large covered patio & yard, professionally landscaped

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Lehi Crossing

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $109k329k

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

Neighborhood: Lehi Crossing

ZipNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800Rent in $10181824

* 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
Franklin At Alma Elementary School Primary Regular 280 13 10
Franklin At Alma Elementary School Middle Regular 280 13 10
Mountain View High School High Regular 3,180 144 8

Franklin At Alma Elementary School

  • Education Level: Primary
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Franklin At Alma Elementary School

  • Education Level: Middle
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Mountain View High School

  • Education Level: High
  • # of students: 3,180
  • # of teachers: 144
8
GreatSchools Rating
 

$567,000$693,000$630,000

PURCHASE PRICE

$2,475$3,025$2,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,750
EXPENSES Loan Payment -$2,324
Property Tax -$327
Property Insurance -$80
HOA -$81
Property Management Fees -$99
CASH FLOW
-$161

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.

$630,000

PROJECTED PRICE

$2,750

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.6%
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$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$172,700

INVESTMENT

$172,700

Down Payment
$157,500
Rehab Estimate
$5,750
Closing Costs
$9,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,324

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $157,500
Loan Amount $472,500
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$31,990

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
  • $3,079

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7503$2,775
$2,775
RENT COMPS ANALYSIS
  • 3134 N Los Alamos -- Mesa, AZ 1
    • 4 beds 4 baths ∙ 2,713 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,713 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2657 E Orion Street Mesa, AZ 2
    • 4 beds 3 baths ∙ 2,479 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,479 Sqft ∙ Built 2013
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.11
    •  
  • 3465 N Alba Street Mesa, AZ 3
    • 4 beds 3 baths ∙ 2,398 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,398 Sqft ∙ Built 2014
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,775
    • $1.16
    •  
PROPERTY LISTING DETAILS
Donna M Eneboe
Superlative Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174780
Last Updated: 01/02/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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