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4126 E Campo Bello Drive Phoenix, AZ 85032

3 Beds 2 Baths 1,608 sqft Built 1974

$345,000

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 1974
  • Price/Sqft : $214.55
  • 1 Days on Market
  • MLS # : 6153869
  • Updated Date : 11/02/2020 at 22:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,608 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

A gem in North Phoenix! Great home on a large corner lot! Lots is newer in this home! AC, roof, french doors from family room and master to huge back yard, covered and extended patio. Kitchen has granite countertops, lots of cabinets and stainless appliances. Home has tons of storage with a huge pantry off of the laundry room, a storage area at the back of the home and a 10x10 air conditioned building that can be used as guest quarters, office, workout room or craft room! This home has been well cared for and is in a great neighborhood with easy access to the 101 and the 51 so you can get from here to there in no time!!! Huge park close by as well with skate park, dog park, public pool, sports fields and playground. Fabulous 3 bedroom, 2 bath home for you to love!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paradise Villa

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $91k271k

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

Neighborhood: Paradise Villa

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8661567

* 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
Whispering Wind Academy Primary Regular 638 41 6
Sunrise Middle School Middle Regular 492 23 7
Paradise Valley High School High Regular 1,806 99 5

Whispering Wind Academy

  • Education Level: Primary
  • # of students: 638
  • # of teachers: 41
6
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
 

$310,500$379,500$345,000

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,690
EXPENSES Loan Payment -$1,273
Property Tax -$217
Property Insurance -$59
Property Management Fees -$99
CASH FLOW
$42

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.

$345,000

PROJECTED PRICE

$1,690

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.6%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$97,175

INVESTMENT

$97,175

Down Payment
$86,250
Rehab Estimate
$5,750
Closing Costs
$5,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,273

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $86,250
Loan Amount $258,750
See What Happens When You Reinvest Cash Flow

6.42

YEARS SAVED

$30,218

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,690

    LIST RENT
  • $1.05

    LIST RENT PER SQFT
  • $1,845

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$1,690
1$1,6902$1,7153$1,7754$1,9505$1,965
$1,965
RENT COMPS ANALYSIS
  • 4126 E Campo Bello Drive Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,608 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,608 Sqft ∙ Built 1974
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $1.05
    •  
  • 18042 N Villa Rita Drive Phoenix, AZ 2
    • 4 beds 2 baths ∙ 1,530 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,530 Sqft ∙ Built 1974
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,715
    • $1.12
    •  
  • 17431 N 46th Street Phoenix, AZ 3
    • 3 beds 3 baths ∙ 1,605 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,605 Sqft ∙ Built 1992
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $1.11
    •  
  • 4445 E Meadow Drive Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,720 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,720 Sqft ∙ Built 1994
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $1.13
    •  
  • 4134 E Campo Bello Drive Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 1974
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,965
    • $1.23
    •  
PROPERTY LISTING DETAILS
Jill Tetsell
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6153869
Last Updated: 11/02/2020
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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