Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

3667 W Windrose Drive Phoenix, AZ 85029

3 Beds 2 Baths 1,590 sqft Built 1971

$339,900

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $213.77
  • 3 Days on Market
  • MLS # : 6160062
  • Updated Date : 11/13/2020 at 16:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,590 sqft
  • Baths : 2 full
Listing Agent

Gentry Real Estate

Listing Agent's Description

NO HOA! Remodeled from top to bottom - this will go QUICK! This 3/2 just received a total makeover including new flex ducts, new roof, all new dual-paned windows, flooring, carpet, paint int/ext, Brand new kitchen/Bathrooms, garage door, tile showers, pantry and much, much, more! Owner/Agent. Buyer/BuyerBroker to verify all information as fact.OFFERS TO BE REVIEWED BY 8PM SUNDAY 11/15

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sweetwater

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $89k271k

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

Neighborhood: Sweetwater

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8661567

* 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
Chaparral Elementary School Primary Regular 500 34 5
Desert Foothills Junior High School Middle Regular 660 32 6
Moon Valley High School High Regular 1,479 70 5

Chaparral Elementary School

  • Education Level: Primary
  • # of students: 500
  • # of teachers: 34
5
GreatSchools Rating

Desert Foothills Junior High School

  • Education Level: Middle
  • # of students: 660
  • # of teachers: 32
6
GreatSchools Rating

Moon Valley High School

  • Education Level: High
  • # of students: 1,479
  • # of teachers: 70
5
GreatSchools Rating
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$1,254
Property Tax -$203
Property Insurance -$58
Property Management Fees -$99
CASH FLOW
-$204

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.

$339,900

PROJECTED PRICE

$1,410

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 10.3%
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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

2.92

YEARS SAVED

$9,083

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,526

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,3953$1,4104$1,4495$1,575
$1,575
RENT COMPS ANALYSIS
  • 3667 W Windrose Drive Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,590 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,590 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.89
    •  
  • 3420 W Laurel Lane Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,532 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,532 Sqft ∙ Built 1961
    LEASED 12/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.91
    •  
  • 12602 N 38th Avenue Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 1972
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.99
    •  
  • 4011 W Wood Drive Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 1979
    LEASED 03/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,449
    • $0.98
    •  
  • 4027 W Wood Drive Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,648 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,648 Sqft ∙ Built 1979
    LEASED 01/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.96
    •  
PROPERTY LISTING DETAILS
Grant Smith
Gentry Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160062
Last Updated: 11/13/2020
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.

BESbswy