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40335 N National Trail Anthem, AZ 85086

3 Beds 2 Baths 1,403 sqft Built 2000

$319,900

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $228.01
  • 2 Days on Market
  • MLS # : 6203714
  • Updated Date : 03/06/2021 at 22:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,403 sqft
  • Baths : 2 full
Listing Agent

Easy Street Realty

Listing Agent's Description

Stunning Mountain View Lot and backing lush wash (No neighbor at the back). The beautiful 3 bedroom/2 bath has plenty of potential. High vaulted ceilings, north east exposure, close to freeway, nice size bedrooms, large eat-in area in the kitchen with island and pass-through to the living room, extended patio in the back and many more. You will also get to enjoy all of the amenities of living in Anthem - Community Center with a full-size gym, olympic-size swimming pool with high dives, water park for the kids to enjoy for free all summer long, tennis courts, HUGE community park, lots of 'pocket' parks throughout the subdivisions! Come check it out!

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
Boulder Creek High School High Regular 2,639 105 6
Boulder Creek High School High Unknown NA

Boulder Creek High School

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

Boulder Creek High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$287,910$351,890$319,900

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,111
Property Tax -$281
Property Insurance -$55
HOA -$28
Property Management Fees -$99
CASH FLOW
$166

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.

$319,900

PROJECTED PRICE

$1,740

PROJECTED RENT

0.54%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,524

INVESTMENT

$90,524

Down Payment
$79,975
Rehab Estimate
$5,750
Closing Costs
$4,799

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,111

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $79,975
Loan Amount $239,925
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$31,809

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,740

    LIST RENT
  • $1.24

    LIST RENT PER SQFT
  • $1,508

    COMP ESTIMATED VALUE
  • $1.08

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6503$1,6504$1,6955$1,740
$1,740
RENT COMPS ANALYSIS
  • 40335 N National Trail Anthem, AZ 5
    • 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,740
    • $1.24
    •  
  • 3631 W Sousa Court Anthem, AZ 1
    • 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 2001
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.02
    •  
  • 40808 N Ericson Lane Anthem, AZ 2
    • 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2005
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.15
    •  
  • 3608 W Keller Court Anthem, AZ 3
    • 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 2000
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.05
    •  
  • 40236 N Patriot Way Anthem, AZ 4
    • 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,567 Sqft ∙ Built 2000
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.08
    •  
PROPERTY LISTING DETAILS
Shyh Sym
Easy Street Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203714
Last Updated: 03/06/2021
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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