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40814 N River Bend Road Anthem, AZ 85086

6 Beds 6 Baths 4,557 sqft Built 2004

$939,000

List Price

$3,690

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $206.06
  • 4 Days on Market
  • MLS # : 6173836
  • Updated Date : 12/24/2020 at 14:31
CONSTRUCTION
  • Beds : 6
  • Floor Size : 4,557 sqft
  • Baths : 5 full , 1 half
Listing Agent

Prickett Realty

Listing Agent's Description

Just in time! Bright, spotless, timeless and elegantly simple. This sparkling Rochester in Anthem's exclusive Country Club will lift your spirits with sweeping and serene desert views, all the backyard amenities, and plenty of elbow room inside. The fabulous easy-care lot backs to the northwest and includes a 7-ft deep pebble-tec pool and spa with water features, a lighted ramada w/ outdoor kitchen, and a cozy firepit for contemplating under the stars. Inside, 5 of the 6 spacious bedrooms have an en-suite bathroom. The owner's suite has gorgeous views of Daisy Mt and is drenched in mood-lifting light. The guest casita has a private courtyard entry. And, there is a private suite for a teen or next-gen. Extended 3-car garage with epoxy! METICULOUSLY MAINTAINED & VERY LIGHTLY LIVED IN.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k484k

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

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400Rent in $9342521

* 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
Diamond Canyon School Primary Regular 1,035 51 10
Diamond Canyon School Middle Regular 1,035 51 10
Boulder Creek High School High Regular 2,639 105 6

Diamond Canyon School

  • Education Level: Primary
  • # of students: 1,035
  • # of teachers: 51
10
GreatSchools Rating

Diamond Canyon School

  • Education Level: Middle
  • # of students: 1,035
  • # of teachers: 51
10
GreatSchools Rating

Boulder Creek High School

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

$845,100$1,032,900$939,000

PURCHASE PRICE

$3,321$4,059$3,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,690
EXPENSES Loan Payment -$3,464
Property Tax -$876
Property Insurance -$116
HOA -$135
Property Management Fees -$99
CASH FLOW
-$1,000

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.

$939,000

PROJECTED PRICE

$3,690

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.0%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$254,585

INVESTMENT

$254,585

Down Payment
$234,750
Rehab Estimate
$5,750
Closing Costs
$14,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,464

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $234,750
Loan Amount $704,250
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$2,182

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,690

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $3,858

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$3,400
1$3,4002$3,5003$3,6904$4,400
$4,400
RENT COMPS ANALYSIS
  • 40814 N River Bend Road Anthem, AZ 3
    • 6 beds 6 baths ∙ 4,557 Sqft ∙ Built 2004 6 beds 6 baths ∙ 4,557 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $3,690
    • $0.81
    •  
  • 41811 N Spy Glass Drive Phoenix, AZ 1
    • 5 beds 6 baths ∙ 4,561 Sqft ∙ Built 2004 5 beds 6 baths ∙ 4,561 Sqft ∙ Built 2004
    LEASED 07/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $0.75
    •  
  • 2604 W Shinnecock Way Phoenix, AZ 2
    • 7 beds 6 baths ∙ 4,561 Sqft ∙ Built 2006 7 beds 6 baths ∙ 4,561 Sqft ∙ Built 2006
    LEASED 08/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.77
    •  
  • 2623 W Pumpkin Ridge Drive Anthem, AZ 4
    • 5 beds 5 baths ∙ 4,319 Sqft ∙ Built 2006 5 beds 5 baths ∙ 4,319 Sqft ∙ Built 2006
    LEASED 07/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.02
    •  
PROPERTY LISTING DETAILS
Nadine Shaalan
Prickett Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6173836
Last Updated: 12/24/2020
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.

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