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4025 E Maldonado Drive Phoenix, AZ 85042

4 Beds 2 Baths 1,600 sqft Built 1978

$299,900

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $187.44
  • 4 Days on Market
  • MLS # : 6176676
  • Updated Date : 01/07/2021 at 17:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,600 sqft
  • Baths : 1 full , 1 half
Listing Agent

Emg Real Estate

Listing Agent's Description

This home is stellar! Completely remodeled 4 bed/1.75 bath home in a centralized Phoenix location. Featuring NEW ROOF, shady north-facing, grassy front and back and lovely gazebo area ready for personal touches. Great open floor plan with tile flooring throughout and tons of natural light. Open concept kitchen includes mosaic back-splash, lots of cabinetry space and pantry. Nice size master bedroom has spacious closet and gorgeous bathroom with tiled shower. Close to schools and shopping. Come see this home for yourself, you won't be disappointed!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ponderosa Village

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $76k271k

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

Neighborhood: Ponderosa Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7831567

* 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
Nevitt Elementary School Primary Regular 789 45 6
Gililland Middle School Middle Regular 901 59 3
Tempe High School High Regular 1,550 78 3

Nevitt Elementary School

  • Education Level: Primary
  • # of students: 789
  • # of teachers: 45
6
GreatSchools Rating

Gililland Middle School

  • Education Level: Middle
  • # of students: 901
  • # of teachers: 59
3
GreatSchools Rating

Tempe High School

  • Education Level: High
  • # of students: 1,550
  • # of teachers: 78
3
GreatSchools Rating
 

$269,910$329,890$299,900

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,042
Property Tax -$144
Property Insurance -$58
Property Management Fees -$99
CASH FLOW
$177

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.

$299,900

PROJECTED PRICE

$1,520

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 14.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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

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$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

8.67

YEARS SAVED

$35,311

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,520

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,612

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,4503$1,4504$1,5205$1,800
$1,800
RENT COMPS ANALYSIS
  • 4025 E Maldonado Drive Phoenix, AZ 4
    • 4 beds 2 baths ∙ 1,600 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,600 Sqft ∙ Built 1978
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,520
    • $0.95
    •  
  • 5645 S 42nd Street Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1993
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.98
    •  
  • 4434 E Hidalgo Avenue Phoenix, AZ 2
    • 4 beds 3 baths ∙ 1,452 Sqft ∙ Built 1975 4 beds 3 baths ∙ 1,452 Sqft ∙ Built 1975
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.00
    •  
  • 5617 S 42nd Street Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1994
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.03
    •  
  • 6827 S 39th Place Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,765 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,765 Sqft ∙ Built 1998
    property image
    LEASED 02/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.02
    •  
PROPERTY LISTING DETAILS
Juan Carlos Estrada-salazar
Emg Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176676
Last Updated: 01/07/2021
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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