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3319 W Links Drive Phoenix, AZ 85086

3 Beds 2 Baths 2,075 sqft Built 2004

$449,000

List Price

$1,890

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

November 15, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $216.39
  • 1 Days on Market
  • MLS # : 6160811
  • Updated Date : 11/14/2020 at 19:51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,075 sqft
  • Baths : 2 full
Listing Agent

Re/max Fine Properties

Listing Agent's Description

This home has it all! An absolutely crystal-clean home, single level, in the gated neighborhood of The Landing at Anthem. Step in and you'll immediately feel the open layout, with a great room that perfectly connects the large kitchen with the family room, accented by a wall of windows with amazing views. The master bedroom features ensuite bathroom, and a huge walk-in closet. Two more guest bedrooms and guest bathroom finish off this side of the home. The home office is near the great room, offering an excellent option for kids' play area, hobby room, anything! And of course, the back yard! This is one of the best lots in the neighborhood; backing to a wash, giving it an open feel, yet completely private. All this, with Anthem's renowned pools, parks, gym, & much more. Come see it today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10242203

* 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
Anthem School Primary Regular 771 44 8
Anthem School Middle Regular 771 44 8
Boulder Creek High School High Regular 2,639 105 6

Anthem School

  • Education Level: Primary
  • # of students: 771
  • # of teachers: 44
8
GreatSchools Rating

Anthem School

  • Education Level: Middle
  • # of students: 771
  • # of teachers: 44
8
GreatSchools Rating

Boulder Creek High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 105
6
GreatSchools Rating
 

$404,100$493,900$449,000

PURCHASE PRICE

$1,701$2,079$1,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,890
EXPENSES Loan Payment -$1,657
Property Tax -$350
Property Insurance -$68
HOA -$28
Property Management Fees -$99
CASH FLOW
-$311

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.

$449,000

PROJECTED PRICE

$1,890

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

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$124,735

INVESTMENT

$124,735

Down Payment
$112,250
Rehab Estimate
$5,750
Closing Costs
$6,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,657

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $112,250
Loan Amount $336,750
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$7,147

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,890

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,961

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,850
1$1,8502$1,8903$1,9004$1,9255$2,000
$2,000
RENT COMPS ANALYSIS
  • 3319 W Links Drive Phoenix, AZ 2
    • 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,890
    • $0.91
    •  
  • 42732 N Courage Trail Anthem, AZ 1
    • 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 2002
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.89
    •  
  • 41266 N Sutter Lane Anthem, AZ 3
    • 4 beds 2 baths ∙ 1,890 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,890 Sqft ∙ Built 1999
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.01
    •  
  • 41320 N Parker Lane Anthem, AZ 4
    • 4 beds 3 baths ∙ 2,220 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,220 Sqft ∙ Built 2003
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $0.87
    •  
  • 3329 W Inspiration Drive Anthem, AZ 5
    • 3 beds 2 baths ∙ 1,986 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,986 Sqft ∙ Built 2004
    LEASED 05/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.01
    •  
PROPERTY LISTING DETAILS
Jeff Barchi
Re/max Fine Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160811
Last Updated: 11/14/2020
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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