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3213 W Sunnyside Avenue Phoenix, AZ 85029

3 Beds 2 Baths 1,550 sqft Built 1970

$280,000

List Price

$1,360

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 25, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $180.65
  • 3 Days on Market
  • MLS # : 6174547
  • Updated Date : 12/26/2020 at 12:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,550 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

Beautiful move-in ready superbly maintained property with lush yard and pool for family fun!You'll feel like this home is in a design magazine! Large Open Living and Dining, the spacious master suite/updated bath and two additional bedrooms make perfection for any lifestyle. Block home with no HOA!Make this fantastic home yours in 2021! HIghest and best offer on Monday at 6:00 P.M.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Westown

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $80k271k

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

Neighborhood: Westown

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8061567

* 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
Lakeview Elementary School Primary Regular 576 29 4
Cholla Middle School Middle Regular 658 38 4
Moon Valley High School High Regular 1,479 70 5

Lakeview Elementary School

  • Education Level: Primary
  • # of students: 576
  • # of teachers: 29
4
GreatSchools Rating

Cholla Middle School

  • Education Level: Middle
  • # of students: 658
  • # of teachers: 38
4
GreatSchools Rating

Moon Valley High School

  • Education Level: High
  • # of students: 1,479
  • # of teachers: 70
5
GreatSchools Rating
 

$252,000$308,000$280,000

PURCHASE PRICE

$1,224$1,496$1,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,360
EXPENSES Loan Payment -$1,033
Property Tax -$167
Property Insurance -$57
Property Management Fees -$99
CASH FLOW
$3

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.

$280,000

PROJECTED PRICE

$1,360

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.3%
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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$20,707

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
  • $1,302

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,1993$1,4504$1,4505$1,550
$1,550
RENT COMPS ANALYSIS
  • 3213 W Sunnyside Avenue Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,550 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,550 Sqft ∙ Built 1970
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11629 N 31 Drive Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,530 Sqft ∙ Built 1967 3 beds 2 baths ∙ 1,530 Sqft ∙ Built 1967
    property image
    LEASED 08/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,199
    • $0.78
    •  
  • 12425 N 30th Avenue Phoenix, AZ 3
    • 4 beds 2 baths ∙ 1,702 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,702 Sqft ∙ Built 1960
    property image
    LEASED 03/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.85
    •  
  • 2529 W Wethersfield Road Phoenix, AZ 4
    • 4 beds 2 baths ∙ 1,740 Sqft ∙ Built 1963 4 beds 2 baths ∙ 1,740 Sqft ∙ Built 1963
    property image
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.83
    •  
  • 3301 W Altadena Avenue Phoenix, AZ 5
    • 4 beds 3 baths ∙ 1,713 Sqft ∙ Built 1961 4 beds 3 baths ∙ 1,713 Sqft ∙ Built 1961
    property image
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.90
    •  
PROPERTY LISTING DETAILS
K Sue Cummings
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174547
Last Updated: 12/26/2020
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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