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36567 W Pampoloma Avenue Maricopa, AZ 85138

4 Beds 2 Baths 1,700 sqft Built 2007

$252,000

List Price

$1,240

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $148.24
  • 3 Days on Market
  • MLS # : 6199373
  • Updated Date : 02/27/2021 at 15:52
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,700 sqft
  • Baths : 2 full
Listing Agent

The Maricopa Real Estate Co

Listing Agent's Description

Looking for a 4 bedroom / 2 bath home at a great price? Check out this 1700 sq ft home in Tortosa! Enjoy each morning in your breakfast nook or sit on your back porch enjoying the blue Arizona sky. A jack and jill bathroom connects the two bedroom spaces. Kitchen opens to the living space for great family time. Extra storage in the laundry room. Located within walking distance to an elementary or middle school. Or enjoy time by the local lake or walks in the various parks. Get with your agent and schedule a showing, this one will go fast.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k282k

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

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
Santa Cruz Elementary School Primary Regular 453 21 5
Desert Wind Middle School Middle Regular 414 20 4

Santa Cruz Elementary School

  • Education Level: Primary
  • # of students: 453
  • # of teachers: 21
5
GreatSchools Rating

Desert Wind Middle School

  • Education Level: Middle
  • # of students: 414
  • # of teachers: 20
4
GreatSchools Rating
 

$226,800$277,200$252,000

PURCHASE PRICE

$1,116$1,364$1,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,240
EXPENSES Loan Payment -$875
Property Tax -$235
Property Insurance -$60
HOA -$81
Property Management Fees -$99
CASH FLOW
-$111

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.

$252,000

PROJECTED PRICE

$1,240

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.0%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,530

INVESTMENT

$72,530

Down Payment
$63,000
Rehab Estimate
$5,750
Closing Costs
$3,780

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$875

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $63,000
Loan Amount $189,000
See What Happens When You Reinvest Cash Flow

3

YEARS SAVED

$5,891

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
  • $1,313

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2493$1,3004$1,3955$1,400
$1,400
RENT COMPS ANALYSIS
  • 36567 W Pampoloma Avenue Maricopa, AZ 1
    • 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 36496 W Pampoloma Avenue Maricopa, AZ 2
    • 4 beds 2 baths ∙ 1,673 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,673 Sqft ∙ Built 2006
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,249
    • $0.75
    •  
  • 36379 W El Greco Street Maricopa, AZ 3
    • 4 beds 2 baths ∙ 1,597 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,597 Sqft ∙ Built 2006
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.81
    •  
  • 36361 W Picasso Street Maricopa, AZ 4
    • 4 beds 2 baths ∙ 1,768 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,768 Sqft ∙ Built 2020
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.79
    •  
  • 35973 W Velazquez Drive Maricopa, AZ 5
    • 4 beds 3 baths ∙ 1,894 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,894 Sqft ∙ Built 2006
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.74
    •  
PROPERTY LISTING DETAILS
Tammy A Adams
The Maricopa Real Estate Co
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199373
Last Updated: 02/27/2021
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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