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40219 N Bayhill Way Anthem, AZ 85086

3 Beds 2 Baths 2,548 sqft Built 2001

$619,900

List Price

$2,210

$2K - $2.4K

Rent Est.

PROPERTY INFO

January 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $243.29
  • 5 Days on Market
  • MLS # : 6176930
  • Updated Date : 01/24/2021 at 00:51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,548 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

Luxury living in Anthem Parkside! With 2548 sq ft of open living space, this custom 3-bedroom, 2-bathroom home that has it all! Professionally designed inside and out, this home is perfect for entertaining and has a private office/den for the work-at-home professional. Chef's kitchen includes stainless Wolf appliances and has a beautiful butcher block island with oversized sink. The master suite includes a remodeled bathroom and massive walk-in closet (easily converted back to 4th bedroom). Surround sound and decorative lighting throughout. The travertine pavers patio invites you to the low-maintenance yard with a sparkling pool, built in BBQ, and dog run. Even the garage has been upgraded; freshly painted, built in cabinets and epoxy flooring.....

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10242203

* 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
Gavilan Peak School Primary Regular 779 47 9
Gavilan Peak School Middle Regular 779 47 9
Boulder Creek High School High Regular 2,639 105 6

Gavilan Peak School

  • Education Level: Primary
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Gavilan Peak School

  • Education Level: Middle
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Boulder Creek High School

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

$557,910$681,890$619,900

PURCHASE PRICE

$1,989$2,431$2,210

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,210
EXPENSES Loan Payment -$2,153
Property Tax -$544
Property Insurance -$77
HOA -$28
Property Management Fees -$99
CASH FLOW
-$691

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.

$619,900

PROJECTED PRICE

$2,210

PROJECTED RENT

0.36%

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$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$170,024

INVESTMENT

$170,024

Down Payment
$154,975
Rehab Estimate
$5,750
Closing Costs
$9,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,153

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $154,975
Loan Amount $464,925
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$639

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,210

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $2,268

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0253$2,2104$2,4005$2,400
$2,400
RENT COMPS ANALYSIS
  • 40219 N Bayhill Way Anthem, AZ 3
    • 3 beds 2 baths ∙ 2,548 Sqft ∙ Built 2001 3 beds 2 baths ∙ 2,548 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $2,210
    • $0.87
    •  
  • 40821 N Capra Way Anthem, AZ 1
    • 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2000
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.81
    •  
  • 41008 N Republic Way Anthem, AZ 2
    • 4 beds 2 baths ∙ 2,548 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,548 Sqft ∙ Built 1999
    LEASED 12/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,025
    • $0.79
    •  
  • 40839 N Capra Way Anthem, AZ 4
    • 4 beds 3 baths ∙ 2,350 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,350 Sqft ∙ Built 2000
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.02
    •  
  • 2823 W Wayne Lane Anthem, AZ 5
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 2001
    LEASED 12/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.94
    •  
PROPERTY LISTING DETAILS
Debbie E Zappala
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176930
Last Updated: 01/24/2021
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.

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