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3413 W Behrend Drive Phoenix, AZ 85027

4 Beds 3 Baths 1,832 sqft Built 1980

$379,000

List Price

$1,670

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $206.88
  • 2 Days on Market
  • MLS # : 6183161
  • Updated Date : 01/23/2021 at 08:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,832 sqft
  • Baths : 3 full
Listing Agent

A.z. & Associates

Listing Agent's Description

Come and see this single level, spacious sweet home! This Beautiful Home features 4 bed 3 bath, a Formal Living Room & Dining area as you walk in. 2 Master suites - 1 with walk a big walk-in Closet. It is located on a corner lot with 2 RV Gates in a great location! The back yard has a beautiful pool, built in BBQ, sink, and warmers under a covered Ramada. This Property is near shopping centers, Restaurants, and Schools.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Deer Valley Village

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $77k271k

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

Neighborhood: Deer Valley Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2700800900100011001200130014001500Rent in $6671567

* 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
Park Meadows Elementary School Primary Regular 574 37 8
Park Meadows Elementary School Middle Regular 574 37 8
Barry Goldwater High School High Regular 1,856 88 4

Park Meadows Elementary School

  • Education Level: Primary
  • # of students: 574
  • # of teachers: 37
8
GreatSchools Rating

Park Meadows Elementary School

  • Education Level: Middle
  • # of students: 574
  • # of teachers: 37
8
GreatSchools Rating

Barry Goldwater High School

  • Education Level: High
  • # of students: 1,856
  • # of teachers: 88
4
GreatSchools Rating
 

$341,100$416,900$379,000

PURCHASE PRICE

$1,503$1,837$1,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,670
EXPENSES Loan Payment -$1,316
Property Tax -$227
Property Insurance -$63
Property Management Fees -$99
CASH FLOW
-$35

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.

$379,000

PROJECTED PRICE

$1,670

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.9%
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

PROJECTED ANNUAL CASH FLOW

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

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$106,185

INVESTMENT

$106,185

Down Payment
$94,750
Rehab Estimate
$5,750
Closing Costs
$5,685

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,316

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $94,750
Loan Amount $284,250
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$20,384

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,670

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,736

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4953$1,5504$1,5505$1,670
$1,670
RENT COMPS ANALYSIS
  • 3413 W Behrend Drive Phoenix, AZ 5
    • 4 beds 3 baths ∙ 1,832 Sqft ∙ Built 1980 4 beds 3 baths ∙ 1,832 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,670
    • $0.91
    •  
  • 3827 W Runion Drive Glendale, AZ 1
    • 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 1995
    property image
    LEASED 11/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.93
    •  
  • 18239 N 38th Drive Glendale, AZ 2
    • 3 beds 2 baths ∙ 1,544 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,544 Sqft ∙ Built 1981
    property image
    LEASED 09/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.97
    •  
  • 19827 N 43rd Drive Glendale, AZ 3
    • 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1991
    property image
    LEASED 08/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.95
    •  
  • 3146 W Potter Drive Phoenix, AZ 4
    • 4 beds 2 baths ∙ 1,642 Sqft ∙ Built 1987 4 beds 2 baths ∙ 1,642 Sqft ∙ Built 1987
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.94
    •  
PROPERTY LISTING DETAILS
Isela Felix
A.z. & Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183161
Last Updated: 01/23/2021
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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