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3139 W Maya Way Phoenix, AZ 85083

5 Beds 3 Baths 3,094 sqft Built 2001

$499,000

List Price

$2,250

$2K - $2.5K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $161.28
  • 2 Days on Market
  • MLS # : 6190906
  • Updated Date : 02/06/2021 at 19:49
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,094 sqft
  • Baths : 2 full , 1 half
Listing Agent

The Arizona Real Estate Company.com

Listing Agent's Description

Stunning home, located conveniently near shopping centers and A+ schools, has been thoroughly renovated with a modern feel. You will find endless added features like new white marble flooring, kitchen cabinets, backsplash, countertops, tiles, lighting, refreshed painting and so much more. The beautifully custom renovated kitchen has matching stainless steel appliances. On the main floor you'll find the luxurious master suite featuring custom bath with separate tub, shower and a 5th private room that can be used as bedroom, office, baby room, etc. First floor has new laminated wood floor throughout.The back yard is a beautiful oasis with private pool and mature landscaping for added privacy.You won't find a more well-kept home in this family friendly neighborhood.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Arizona Hillcrest

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k358k

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

Neighborhood: Arizona Hillcrest

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9342022

* 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
Sandra Day O'connor High School High Regular 2,481 108 6

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating
 

$449,100$548,900$499,000

PURCHASE PRICE

$2,025$2,475$2,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,250
EXPENSES Loan Payment -$1,733
Property Tax -$299
Property Insurance -$87
HOA -$13
Property Management Fees -$99
CASH FLOW
$18

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.

$499,000

PROJECTED PRICE

$2,250

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.7%
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$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$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$137,985

INVESTMENT

$137,985

Down Payment
$124,750
Rehab Estimate
$5,750
Closing Costs
$7,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,733

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,750
Loan Amount $374,250
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$29,781

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
  • $2,413

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1553$2,1994$2,4005$2,600
$2,600
RENT COMPS ANALYSIS
  • 3139 W Maya Way Phoenix, AZ 1
    • 5 beds 3 baths ∙ 3,094 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,094 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 28241 N 33rd Avenue Phoenix, AZ 2
    • 4 beds 3 baths ∙ 2,874 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,874 Sqft ∙ Built 2002
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,155
    • $0.75
    •  
  • 3849 W Fallen Leaf Lane Glendale, AZ 3
    • 4 beds 3 baths ∙ 2,934 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,934 Sqft ∙ Built 1998
    LEASED 09/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,199
    • $0.75
    •  
  • 2244 W Spur Drive Phoenix, AZ 4
    • 5 beds 4 baths ∙ 3,061 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,061 Sqft ∙ Built 2005
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.78
    •  
  • 3123 W Maya Way Phoenix, AZ 5
    • 5 beds 3 baths ∙ 3,094 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,094 Sqft ∙ Built 2001
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.84
    •  
PROPERTY LISTING DETAILS
Carmen Costea
The Arizona Real Estate Company.com
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190906
Last Updated: 02/06/2021
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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