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3439 E Manso Street Phoenix, AZ 85044

5 Beds 3 Baths 3,337 sqft Built 1989

$599,000

List Price

$2,780

$2.5K - $3K

Rent Est.

PROPERTY INFO

December 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $179.50
  • 2 Days on Market
  • MLS # : 6174623
  • Updated Date : 12/26/2020 at 20:43
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,337 sqft
  • Baths : 3 full
Listing Agent

Homesmart

Listing Agent's Description

5/3 Lovely family home with delightful entertainment area/pool. Sought after full bedroom and bath downstairs in this popular Ahwatukee location! Welcoming double door entry & new flagstone patio. 1st floor one level..no steps here & there! Open, light with huge great room area large enough for a pool table and dining area! Eat in breakfast nook (with pool view) & breakfast bar. Granite Countertops and beautiful cabinetry. Travertine backsplash, neutral tile flooring with new carpet in the family room & cozy fireplace adjacent to the kitchen. Huge Master/ensuite bathroom, large walk in closets, loft. Front wood shutters and vaulted ceilings. 3 stall garage, cabinets & rack. Water softener & solar water heater. Welcome to the spacious elegance of this desirable Ahwatukee family home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $91k301k

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

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9341576

* 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
Kyrene De La Colina School Primary Regular 535 30 7
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De La Colina School

  • Education Level: Primary
  • # of students: 535
  • # of teachers: 30
7
GreatSchools Rating

Kyrene Centennial Middle School

  • Education Level: Middle
  • # of students: 1,054
  • # of teachers: 57
7
GreatSchools Rating

Mountain Pointe High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 111
3
GreatSchools Rating
 

$539,100$658,900$599,000

PURCHASE PRICE

$2,502$3,058$2,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,780
EXPENSES Loan Payment -$2,210
Property Tax -$426
Property Insurance -$92
HOA -$3
Property Management Fees -$99
CASH FLOW
-$51

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.

$599,000

PROJECTED PRICE

$2,780

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.6%
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$164,485

INVESTMENT

$164,485

Down Payment
$149,750
Rehab Estimate
$5,750
Closing Costs
$8,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,750
Loan Amount $449,250
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$39,038

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
  • $2,761

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2953$2,7504$2,7955$3,000
$3,000
RENT COMPS ANALYSIS
  • 3439 E Manso Street Phoenix, AZ 1
    • 5 beds 3 baths ∙ 3,337 Sqft ∙ Built 1989 5 beds 3 baths ∙ 3,337 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4551 E Desert Trumpet Road Phoenix, AZ 2
    • 5 beds 3 baths ∙ 3,307 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,307 Sqft ∙ Built 1994
    LEASED 09/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.69
    •  
  • 2758 E Windmere Drive Phoenix, AZ 3
    • 4 beds 3 baths ∙ 2,997 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,997 Sqft ∙ Built 1991
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.92
    •  
  • 3641 E Park Avenue Phoenix, AZ 4
    • 5 beds 3 baths ∙ 3,550 Sqft ∙ Built 1988 5 beds 3 baths ∙ 3,550 Sqft ∙ Built 1988
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $0.79
    •  
  • 3213 E Desert Flower Lane Phoenix, AZ 5
    • 5 beds 4 baths ∙ 3,287 Sqft ∙ Built 1995 5 beds 4 baths ∙ 3,287 Sqft ∙ Built 1995
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.91
    •  
PROPERTY LISTING DETAILS
Patrice Holmes
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174623
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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