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41240 N Shadow Creek Court Anthem, AZ 85086

2 Beds 2 Baths 1,344 sqft Built 2002

$358,000

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

October 31, 2020 RECENTLY ADDED
FACTS
  • Built In 2002
  • Price/Sqft : $266.37
  • 4 Days on Market
  • MLS # : 6154360
  • Updated Date : 11/01/2020 at 09:27
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,344 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

Welcome to your private golf community nestled in the beautiful Arizona Mountain in Anthem Country Club. The amenities are endless!!! Trails, parks, fitness, restaurants, pool and of course recreation. This home is well appointed in the community.Cud-se-sac lot allows for peaceful privacy. The lot provides a low maintenance front yard and VERY spacious and enjoyable backyard, low maintenance with artificial turf and a BBQ to sit out and enjoy the beauty. The owner has true pride of ownership, spotless home and updated with calming gray color scheme. Newly paint interior and exterior, HVAC updated, flooring updated, granite counters. The floor plan is functional. Recessed lighting & ceiling fans.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k484k

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

Neighborhood: Anthem Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10452521

* 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
Gavilan Peak School Primary Regular 779 47 9
Gavilan Peak School Middle Regular 779 47 9
Boulder Creek High School High Regular 2,639 105 6

Gavilan Peak School

  • Education Level: Primary
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Gavilan Peak School

  • Education Level: Middle
  • # of students: 779
  • # of teachers: 47
9
GreatSchools Rating

Boulder Creek High School

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

$322,200$393,800$358,000

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$1,321
Property Tax -$334
Property Insurance -$53
HOA -$164
Property Management Fees -$99
CASH FLOW
-$391

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.

$358,000

PROJECTED PRICE

$1,580

PROJECTED RENT

0.44%

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$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$100,620

INVESTMENT

$100,620

Down Payment
$89,500
Rehab Estimate
$5,750
Closing Costs
$5,370

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,321

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $89,500
Loan Amount $268,500
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$621

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,411

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2753$1,5004$1,5505$1,550
$1,550
RENT COMPS ANALYSIS
  • 41240 N Shadow Creek Court Anthem, AZ 1
    • 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1813 W Owens Way Anthem, AZ 2
    • 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,264 Sqft ∙ Built 2004
    LEASED 11/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $1.01
    •  
  • 1776 W Owens Way Anthem, AZ 3
    • 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2004
    LEASED 04/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.03
    •  
  • 40937 N Citrus Canyon Trail Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2003
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.08
    •  
  • 2543 W Lewis And Clark Trail Anthem, AZ 5
    • 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,432 Sqft ∙ Built 2002
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.08
    •  
PROPERTY LISTING DETAILS
Ariane Gonzales
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154360
Last Updated: 11/01/2020
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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