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3716 E Robin Lane Phoenix, AZ 85050

5 Beds 4 Baths 3,795 sqft Built 2006

$850,000

List Price

$3,740

$3.5K - $4K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $223.98
  • 5 Days on Market
  • MLS # : 6174826
  • Updated Date : 01/08/2021 at 20:10
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,795 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Located in the prestigious AVIANO At Desert Ridge . This velez Series SPANISH COLONIAL Floor paln is an elegant 3,795 SqFT 2-story home and is the epitome of comfort and style. First floor living includes living /dining room, gourment kitchen with center island & Corian/12 inch Select Grantte TILE Countertops, ,family room, powder room and office that can be used as 5th bedroom.The Upper level has a Master Suite with large walk in closet tub & shower and 3 additinal bedrooms and 2 baths.Large Game /Media room with tech center are accommodates family gatherings. Secondary Exterior Balcony with view.Thermatru Stained Front Door. Redwood,1 1/2 STEEL Tube FRAME GATE,Designer Garage Door. New Epoxy gargae flooring, water softner 2020,freshly out side Stucco painting .1 new AC unit 20

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Aviano at Desert Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $91k784k

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

Neighborhood: Aviano at Desert Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600280030003200340036003800Rent in $9343911

* 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
Wildfire Elementary School Primary Regular 712 35 9
Explorer Middle School Middle Regular 883 35 10
Pinnacle High School High Regular 2,443 96 8

Wildfire Elementary School

  • Education Level: Primary
  • # of students: 712
  • # of teachers: 35
9
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
 

$765,000$935,000$850,000

PURCHASE PRICE

$3,366$4,114$3,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,740
EXPENSES Loan Payment -$2,952
Property Tax -$535
Property Insurance -$101
HOA -$220
Property Management Fees -$99
CASH FLOW
-$168

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$850,000

PROJECTED PRICE

$3,740

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 1.6%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$231,000

INVESTMENT

$231,000

Down Payment
$212,500
Rehab Estimate
$5,750
Closing Costs
$12,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,952

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $212,500
Loan Amount $637,500
See What Happens When You Reinvest Cash Flow

3.92

YEARS SAVED

$31,053

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
  • $4,042

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,6003$3,7004$3,9005$4,200
$4,200
RENT COMPS ANALYSIS
  • 3716 E Robin Lane Phoenix, AZ 1
    • 5 beds 4 baths ∙ 3,795 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,795 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3665 E Maffeo Road Phoenix, AZ 2
    • 4 beds 4 baths ∙ 3,470 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,470 Sqft ∙ Built 2006
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.04
    •  
  • 3672 E Adobe Drive Phoenix, AZ 3
    • 4 beds 4 baths ∙ 3,470 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,470 Sqft ∙ Built 2006
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.07
    •  
  • 3781 E Ringtail Way Phoenix, AZ 4
    • 5 beds 5 baths ∙ 3,959 Sqft ∙ Built 2012 5 beds 5 baths ∙ 3,959 Sqft ∙ Built 2012
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $0.99
    •  
  • 22517 N 37th Terrace Phoenix, AZ 5
    • 5 beds 4 baths ∙ 3,627 Sqft ∙ Built 2008 5 beds 4 baths ∙ 3,627 Sqft ∙ Built 2008
    LEASED 11/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.16
    •  
PROPERTY LISTING DETAILS
Joseph N Karoubi
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174826
Last Updated: 01/08/2021
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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