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3675 W Mccauley Court Anthem, AZ 85086

3 Beds 3 Baths 1,469 sqft Built 2006

$290,000

List Price

$1,710

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $197.41
  • 3 Days on Market
  • MLS # : 6181699
  • Updated Date : 01/16/2021 at 18:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,469 sqft
  • Baths : 2 full , 1 half
Listing Agent

Phantom Realty

Listing Agent's Description

Oh, so pretty and practical. This unique Anthem home is located approximately 700 feet from the main 64 Acre park making the amenities easily accessed but leaving you without landscaping maintenance to attend too as the HOA maintains the community grounds. The floor plan offers a popular great room, charming eat-in kitchen nook off a private patio, the gorgeous dark cabinetry and stainless appliances finish off the well-designed kitchen. Our owners meticulously installed beautiful marble like tile flooring as well as a custom powder room vanity and mirror, enjoy the two-tone neutral paint scheme which can easily blend with so many design desires. Follow the pretty white stair rail up to 3 ample bedrooms, 2 full baths and plenty of natural light.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k358k

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

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9342155

* 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
Canyon Springs School Primary Regular 782 44 7
Canyon Springs School Middle Regular 782 44 7
Boulder Creek High School High Regular 2,639 105 6

Canyon Springs School

  • Education Level: Primary
  • # of students: 782
  • # of teachers: 44
7
GreatSchools Rating

Canyon Springs School

  • Education Level: Middle
  • # of students: 782
  • # of teachers: 44
7
GreatSchools Rating

Boulder Creek High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 105
6
GreatSchools Rating
 

$261,000$319,000$290,000

PURCHASE PRICE

$1,539$1,881$1,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,710
EXPENSES Loan Payment -$1,007
Property Tax -$255
Property Insurance -$56
HOA -$44
Property Management Fees -$99
CASH FLOW
$250

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.

$290,000

PROJECTED PRICE

$1,710

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

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$82,600

INVESTMENT

$82,600

Down Payment
$72,500
Rehab Estimate
$5,750
Closing Costs
$4,350

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,007

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,500
Loan Amount $217,500
See What Happens When You Reinvest Cash Flow

9.5

YEARS SAVED

$38,846

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,710

    LIST RENT
  • $1.16

    LIST RENT PER SQFT
  • $1,462

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5503$1,5754$1,5995$1,710
$1,710
RENT COMPS ANALYSIS
  • 3675 W Mccauley Court Anthem, AZ 5
    • 3 beds 3 baths ∙ 1,469 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,469 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,710
    • $1.16
    •  
  • 3676 W Muirfield Court Anthem, AZ 1
    • 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 2006
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.99
    •  
  • 3760 W Eastman Court Anthem, AZ 2
    • 3 beds 2 baths ∙ 1,631 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,631 Sqft ∙ Built 2003
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.95
    •  
  • 41707 N Miles Court Phoenix, AZ 3
    • 3 beds 3 baths ∙ 1,661 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,661 Sqft ∙ Built 2006
    LEASED 09/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.95
    •  
  • 3708 W Vivian Court Phoenix, AZ 4
    • 3 beds 3 baths ∙ 1,469 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,469 Sqft ∙ Built 2006
    LEASED 01/06/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $1.09
    •  
PROPERTY LISTING DETAILS
Jacqueline Roersma
Phantom Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6181699
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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