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4119 E Windrose Drive Phoenix, AZ 85032

3 Beds 2 Baths 1,248 sqft Built 1979

$376,500

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $301.68
  • 3 Days on Market
  • MLS # : 6169469
  • Updated Date : 01/01/2021 at 08:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,248 sqft
  • Baths : 1 full , 1 half
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

Beautiful Remodel is COMPLETE! Brand New Reconfigured Island Kitchen with quartz sink & countertops, white shaker cabinets, stainless appliances, and a pantry! New bathrooms complete with new white vanities, new glass vessel sinks, new faucets and refinished bath/shower surround in guest bath. Master bath has deco tile surround! New upgraded carpet in all bedrooms. All new dual pane window and sliding glass door, and fresh paint inside and out. You will LOVE the VERY private backyard with NEW lush lawn, plants and flowers that complement the mature landscaping, and all new sprinkler system (front and back) with auto timer. Great cul-de-sac lot, with location convenient to PV Mall, Costco, & surrounded by parks! Go less than 1/2 a mile to Roadrunner park to feed the ducks, swim, or play!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paradise Valley Village Estates

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Paradise Valley Village Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
 

$338,850$414,150$376,500

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$1,389
Property Tax -$237
Property Insurance -$52
Property Management Fees -$99
CASH FLOW
-$267

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.

$376,500

PROJECTED PRICE

$1,510

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.4%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$105,523

INVESTMENT

$105,523

Down Payment
$94,125
Rehab Estimate
$5,750
Closing Costs
$5,648

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,389

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $94,125
Loan Amount $282,375
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$6,956

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,510

    LIST RENT
  • $1.21

    LIST RENT PER SQFT
  • $1,526

    COMP ESTIMATED VALUE
  • $1.22

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5103$1,5754$1,5955$1,800
$1,800
RENT COMPS ANALYSIS
  • 4119 E Windrose Drive Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $1.21
    •  
  • 12738 N 40th Place Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1978
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.20
    •  
  • 4107 E Windrose Drive Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1979
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $1.26
    •  
  • 3753 E Charter Oak Road Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1976
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.16
    •  
  • 12851 N 39th Way Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1977
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.27
    •  
PROPERTY LISTING DETAILS
Cara M Lonsdale
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6169469
Last Updated: 01/01/2021
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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