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3925 W Sunnyside Avenue Phoenix, AZ 85029

3 Beds 2 Baths 1,346 sqft Built 1978

$255,000

List Price

$1,270

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

December 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $189.45
  • 2 Days on Market
  • MLS # : 6174556
  • Updated Date : 12/26/2020 at 10:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,346 sqft
  • Baths : 2 full
Listing Agent

Pro-formance Realty Concepts

Listing Agent's Description

Beautiful 3 bedroom, 2 bathroom home, nestled in a quiet Phoenix neighborhood. There's no HOA! Porcelain tile throughout the main living and high traffic areas. All windows have been upgraded to dual pane. Bathrooms are nicely remodeled. Large landscaped backyard with a covered patio for entertaining. Walking distance to the lovely Cactus Park, David C. Uribe Pool and Tumbleweed Elementary School. Located less than five miles from Glendale Community College. Three miles or less from Arizona State University West Campus and Banner Thunderbird Medical Center. Near restaurants, shopping, and the I-17 freeway.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Fairwood

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $91k271k

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

Neighborhood: Fairwood

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8681567

* 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
Tumbleweed Elementary School Primary Regular 474 26 5
Tumbleweed Elementary School Middle Regular 474 26 5
Moon Valley High School High Regular 1,479 70 5

Tumbleweed Elementary School

  • Education Level: Primary
  • # of students: 474
  • # of teachers: 26
5
GreatSchools Rating

Tumbleweed Elementary School

  • Education Level: Middle
  • # of students: 474
  • # of teachers: 26
5
GreatSchools Rating

Moon Valley High School

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

$229,500$280,500$255,000

PURCHASE PRICE

$1,143$1,397$1,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,270
EXPENSES Loan Payment -$941
Property Tax -$152
Property Insurance -$53
Property Management Fees -$99
CASH FLOW
$25

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.

$255,000

PROJECTED PRICE

$1,270

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.6%
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

PROJECTED ANNUAL CASH FLOW

11530-$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$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$73,325

INVESTMENT

$73,325

Down Payment
$63,750
Rehab Estimate
$5,750
Closing Costs
$3,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$941

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $63,750
Loan Amount $191,250
See What Happens When You Reinvest Cash Flow

6.33

YEARS SAVED

$21,686

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
  • $1,302

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2503$1,3754$1,3955$1,400
$1,400
RENT COMPS ANALYSIS
  • 3925 W Sunnyside Avenue Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,346 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,346 Sqft ∙ Built 1978
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4002 W Cortez Street Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,319 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,319 Sqft ∙ Built 1978
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.95
    •  
  • 4122 W Laurel Lane Phoenix, AZ 3
    • 4 beds 2 baths ∙ 1,456 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,456 Sqft ∙ Built 1974
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.94
    •  
  • 12602 N 38th Avenue Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 1972
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.99
    •  
  • 4064 W Desert Cove Avenue Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,408 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,408 Sqft ∙ Built 1973
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.99
    •  
PROPERTY LISTING DETAILS
Amber Lynn Souder
Pro-formance Realty Concepts
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174556
Last Updated: 12/26/2020
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.

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