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

4052 W Rose Garden Lane Glendale, AZ 85308

3 Beds 3 Baths 1,603 sqft Built 1996

$299,000

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $186.53
  • 6 Days on Market
  • MLS # : 6197826
  • Updated Date : 02/27/2021 at 01:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,603 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Move-in-ready AND boasts rare, gorgeous views (at this price) of the beautiful Mtn. Preserve with no neighbors to the West of the home. This 1600 sq ft, 3 bed, 2.5 bath home features unique white cement floors, stainless appliances, custom blinds, and a Master bedroom with French doors that open to a balcony/deck which is the perfect place to unwind with a glass of wine to enjoy the sunset and mountain views. The backyard includes a massive, covered tile patio and a large pool sized lot. Great location-close to I-17, Loop 101, SR-51, Honor Health Deer Valley Medical Center, Norterra shopping, amazing restaurants and hiking/biking/walking trails. All appliances come with the home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sunset Canyon

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $104k358k

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

Neighborhood: Sunset Canyon

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9521981

* 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
Deer Valley Middle School Middle Regular 616 31 5
Barry Goldwater High School High Regular 1,856 88 4

Deer Valley Middle School

  • Education Level: Middle
  • # of students: 616
  • # of teachers: 31
5
GreatSchools Rating

Barry Goldwater High School

  • Education Level: High
  • # of students: 1,856
  • # of teachers: 88
4
GreatSchools Rating
 

$269,100$328,900$299,000

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$1,039
Property Tax -$181
Property Insurance -$58
HOA -$37
Property Management Fees -$99
CASH FLOW
$6

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.

$299,000

PROJECTED PRICE

$1,420

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.0%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$84,985

INVESTMENT

$84,985

Down Payment
$74,750
Rehab Estimate
$5,750
Closing Costs
$4,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,039

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,750
Loan Amount $224,250
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$17,080

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,559

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,310
1$1,3102$1,4203$1,4954$1,5505$1,575
$1,575
RENT COMPS ANALYSIS
  • 4052 W Rose Garden Lane Glendale, AZ 2
    • 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $0.89
    •  
  • 21655 N 36th Avenue #135 Glendale, AZ 1
    • 3 beds 3 baths ∙ 1,457 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,457 Sqft ∙ Built 2007
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $0.90
    •  
  • 3559 W Via Del Sol Drive Glendale, AZ 3
    • 4 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997 4 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.01
    •  
  • 3827 W Melinda Lane Glendale, AZ 4
    • 4 beds 2 baths ∙ 1,584 Sqft ∙ Built 1995 4 beds 2 baths ∙ 1,584 Sqft ∙ Built 1995
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.98
    •  
  • 3903 W Goodman Drive Glendale, AZ 5
    • 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 2002
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $1.00
    •  
PROPERTY LISTING DETAILS
Jasson Dellacroce
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6197826
Last Updated: 02/27/2021
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.

BESbswy