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

3909 E Windsong Drive Phoenix, AZ 85048

5 Beds 4 Baths 3,124 sqft Built 1992

$539,900

List Price

$2,710

$2.5K - $3K

Rent Est.

PROPERTY INFO

February 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $172.82
  • 3 Days on Market
  • MLS # : 6193794
  • Updated Date : 02/13/2021 at 23:42
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,124 sqft
  • Baths : 3 full , 1 half
Listing Agent

The Maricopa Real Estate Company

Listing Agent's Description

The search is over! Located in the desirable Ahwatukee community of Phoenix and highly sought after Lakewood community close to both small lakes and trails, this large and inviting 5 bed, 3.5 bath property features a stunning facade with desert front landscaping, a 3-car garage, and so much more! First time on the market, this home was lovingly maintained by the original owners, who are downsizing. Step inside to a newly painted interior, an open and efficient floor plan, spacious dining and living areas, gorgeous vaulted ceilings, a cozy fireplace, and tons of natural light. Check out the fabulous eat-in kitchen with ample cabinetry, granite countertops, stainless steel appliances, and a charming breakfast bar. The grand owners suite located on the main floor boasts lovely bay windows

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Wilton Commons

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k464k

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

Neighborhood: Wilton Commons

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9342002

* 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
Kyrene De La Estrella Elementary School Primary Regular 440 27 8
Kyrene Akimel A-al Middle School Middle Regular 1,064 52 8
Desert Vista High School High Regular 3,037 130 8

Kyrene De La Estrella Elementary School

  • Education Level: Primary
  • # of students: 440
  • # of teachers: 27
8
GreatSchools Rating

Kyrene Akimel A-al Middle School

  • Education Level: Middle
  • # of students: 1,064
  • # of teachers: 52
8
GreatSchools Rating

Desert Vista High School

  • Education Level: High
  • # of students: 3,037
  • # of teachers: 130
8
GreatSchools Rating
 

$485,910$593,890$539,900

PURCHASE PRICE

$2,439$2,981$2,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,710
EXPENSES Loan Payment -$1,875
Property Tax -$384
Property Insurance -$88
HOA -$6
Property Management Fees -$99
CASH FLOW
$258

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.

$539,900

PROJECTED PRICE

$2,710

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.2%
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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$148,824

INVESTMENT

$148,824

Down Payment
$134,975
Rehab Estimate
$5,750
Closing Costs
$8,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,875

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $134,975
Loan Amount $404,925
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$54,085

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
  • $3,116

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7503$2,9504$2,9505$3,500
$3,500
RENT COMPS ANALYSIS
  • 3909 E Windsong Drive Phoenix, AZ 1
    • 5 beds 4 baths ∙ 3,124 Sqft ∙ Built 1992 5 beds 4 baths ∙ 3,124 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2758 E Windmere Drive Phoenix, AZ 2
    • 4 beds 3 baths ∙ 2,997 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,997 Sqft ∙ Built 1991
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.92
    •  
  • 3359 E Tanglewood Drive Phoenix, AZ 3
    • 5 beds 3 baths ∙ 2,820 Sqft ∙ Built 1988 5 beds 3 baths ∙ 2,820 Sqft ∙ Built 1988
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.05
    •  
  • 16055 S 30th Place Phoenix, AZ 4
    • 5 beds 3 baths ∙ 3,076 Sqft ∙ Built 1994 5 beds 3 baths ∙ 3,076 Sqft ∙ Built 1994
    LEASED 02/08/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $0.96
    •  
  • 15856 S 38th Street Phoenix, AZ 5
    • 4 beds 3 baths ∙ 3,307 Sqft ∙ Built 1992 4 beds 3 baths ∙ 3,307 Sqft ∙ Built 1992
    LEASED 04/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.06
    •  
PROPERTY LISTING DETAILS
Sheri Tucker
The Maricopa Real Estate Company
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193794
Last Updated: 02/13/2021
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.

BESbswy