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3634 E Cat Balue Drive Phoenix, AZ 85050

4 Beds 3 Baths 2,953 sqft Built 2012

$679,000

List Price

$3,330

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $229.94
  • 2 Days on Market
  • MLS # : 6163623
  • Updated Date : 11/21/2020 at 20:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,953 sqft
  • Baths : 2 full , 1 half
Listing Agent

Corcoran Platinum Living

Listing Agent's Description

Beautiful Fireside Home - Move In Ready!!! Welcome your guests into this pavered courtyard with soothing water feature and custom Iron Entry Door. Kitchen is light, bright and inviting with gorgeous cabinetry, dinner plate and wine glass display, subway tile backsplash & Stainless - gas appliances that look over the greatroom with cozy gas fireplace. The dinning room features a built in wine fridge and custom butcher block bar counter. Additional features: shutters throughout, wood plank look tile flooring, neutral carpet & paint, large master closet, balcony to front bedrooms, downstairs den & spacious loft area. Built in backyard BBQ for entertaining by the pool with bistro lighting, pavers and pool water feature. Tandem 3 car garage with epoxy floors. Hurry to your new Home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Fireside

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k358k

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

Neighborhood: Fireside

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000120014001600180020002200240026002800Rent in $9342898

* 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
Fireside Elementary School Primary Regular 763 38 NA
Explorer Middle School Middle Regular 883 35 10
Pinnacle High School High Regular 2,443 96 8

Fireside Elementary School

  • Education Level: Primary
  • # of students: 763
  • # of teachers: 38
NA
GreatSchools Rating

Explorer Middle School

  • Education Level: Middle
  • # of students: 883
  • # of teachers: 35
10
GreatSchools Rating

Pinnacle High School

  • Education Level: High
  • # of students: 2,443
  • # of teachers: 96
8
GreatSchools Rating
 

$611,100$746,900$679,000

PURCHASE PRICE

$2,997$3,663$3,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,330
EXPENSES Loan Payment -$2,505
Property Tax -$435
Property Insurance -$85
HOA -$157
Property Management Fees -$99
CASH FLOW
$49

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.

$679,000

PROJECTED PRICE

$3,330

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.4%
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$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k

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$185,685

INVESTMENT

$185,685

Down Payment
$169,750
Rehab Estimate
$5,750
Closing Costs
$10,185

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,505

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $169,750
Loan Amount $509,250
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$49,849

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,330

    LIST RENT
  • $1.13

    LIST RENT PER SQFT
  • $3,477

    COMP ESTIMATED VALUE
  • $1.18

    COMP AVG. RENT PER SQFT
Comps Range
$2,995
1$2,9952$3,3303$3,3504$3,4005$3,495
$3,495
RENT COMPS ANALYSIS
  • 3634 E Cat Balue Drive Phoenix, AZ 2
    • 4 beds 3 baths ∙ 2,953 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,953 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $3,330
    • $1.13
    •  
  • 3930 E Daley Lane Phoenix, AZ 1
    • 3 beds 4 baths ∙ 2,790 Sqft ∙ Built 2004 3 beds 4 baths ∙ 2,790 Sqft ∙ Built 2004
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $1.07
    •  
  • 22007 N 36th Street Phoenix, AZ 3
    • 3 beds 4 baths ∙ 2,856 Sqft ∙ Built 2006 3 beds 4 baths ∙ 2,856 Sqft ∙ Built 2006
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.17
    •  
  • 3538 E Robin Lane Phoenix, AZ 4
    • 3 beds 4 baths ∙ 2,790 Sqft ∙ Built 2006 3 beds 4 baths ∙ 2,790 Sqft ∙ Built 2006
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.22
    •  
  • 22110 N 36th Street Phoenix, AZ 5
    • 3 beds 3 baths ∙ 2,790 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,790 Sqft ∙ Built 2007
    LEASED 04/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $1.25
    •  
PROPERTY LISTING DETAILS
Kristen Spayd
Corcoran Platinum Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163623
Last Updated: 11/21/2020
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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