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

4050 E Captain Dreyfus Avenue Phoenix, AZ 85032

4 Beds 3 Baths 1,885 sqft Built 1977

$399,900

List Price

$2,080

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

December 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $212.15
  • 2 Days on Market
  • MLS # : 6171198
  • Updated Date : 12/26/2020 at 09:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,885 sqft
  • Baths : 3 full
Listing Agent

Rusch Gledhill Real Estate

Listing Agent's Description

Pre-paid Solar lease through 12/2034. Your solar is paid for almost 14 years! Open great room plan with separate dining area. Kitchen features beautiful custom mocha cabinets, beautiful black granite counters, upgraded stainless vent stack & large walk in pantry. A huge master suite that boasts 10 foot ceilings, walk-in closet, separate A/C unit, a private entrance and large bath with dual shower. Front & rear automatic irrigation, an RV Gate with large covered patio connected to your own large enclosed workshop. No HOA. Great home to make your own!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paradise Valley Oasis

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $90k271k

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

Neighborhood: Paradise Valley Oasis

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8541567

* 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
Indian Bend Elementary School Primary Regular 571 35 5
Sunrise Middle School Middle Regular 492 23 7
Paradise Valley High School High Regular 1,806 99 5

Indian Bend Elementary School

  • Education Level: Primary
  • # of students: 571
  • # of teachers: 35
5
GreatSchools Rating

Sunrise Middle School

  • Education Level: Middle
  • # of students: 492
  • # of teachers: 23
7
GreatSchools Rating

Paradise Valley High School

  • Education Level: High
  • # of students: 1,806
  • # of teachers: 99
5
GreatSchools Rating
 

$359,910$439,890$399,900

PURCHASE PRICE

$1,872$2,288$2,080

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,080
EXPENSES Loan Payment -$1,475
Property Tax -$252
Property Insurance -$64
Property Management Fees -$99
CASH FLOW
$190

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.

$399,900

PROJECTED PRICE

$2,080

PROJECTED RENT

0.52%

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$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k

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$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

8.25

YEARS SAVED

$50,914

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,080

    LIST RENT
  • $1.1

    LIST RENT PER SQFT
  • $1,998

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$1,775
1$1,7752$1,9003$2,0004$2,0005$2,080
$2,080
RENT COMPS ANALYSIS
  • 4050 E Captain Dreyfus Avenue Phoenix, AZ 5
    • 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 1977 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 1977
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,080
    • $1.10
    •  
  • 3827 E Friess Drive Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1970
    property image
    LEASED 11/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.99
    •  
  • 4502 E Sharon Drive Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,896 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,896 Sqft ∙ Built 1977
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.00
    •  
  • 4741 E Voltaire Avenue Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,708 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,708 Sqft ∙ Built 1980
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.17
    •  
  • 3702 E Shaw Butte Drive Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,844 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,844 Sqft ∙ Built 1962
    property image
    LEASED 10/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.08
    •  
PROPERTY LISTING DETAILS
Jan Sievers
Rusch Gledhill Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6171198
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.

BESbswy