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

42045 N Crooked Stick Road Anthem, AZ 85086

3 Beds 3 Baths 2,454 sqft Built 2000

$529,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $215.57
  • 76 Days on Market
  • MLS # : 6120038
  • Updated Date : 10/30/2020 at 12:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,454 sqft
  • Baths : 3 full
Listing Agent

Re/max Advantage

Listing Agent's Description

Please be sure to take the 3D Matterport Walk-Through Tour! Welcome to the Anthem Country Club and this popular Peregrine floor plan on a premium golf lot overlooking both the 9th and 18th green of the Persimmon golf course. This fully furnished home features 3 bedrooms, an office, 3 full bathrooms, and an extended 2 car garage. A complete new roof was installed in 2019. As you enter the home, you will notice the spacious open concept and stunning views of the golf course. This great room floor plan features a cozy gas fireplace, entertainment center built-ins, surround sound, and a sliding door to the covered patio. This floor plan features a flexible front room, which can be used as a dining room or an open concept office as the home is currently setup.

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
Anthem School Primary Regular 771 44 8
Anthem School Middle Regular 771 44 8
Boulder Creek High School High Regular 2,639 105 6

Anthem School

  • Education Level: Primary
  • # of students: 771
  • # of teachers: 44
8
GreatSchools Rating

Anthem School

  • Education Level: Middle
  • # of students: 771
  • # of teachers: 44
8
GreatSchools Rating

Boulder Creek High School

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

$476,100$581,900$529,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,952
Property Tax -$494
Property Insurance -$75
HOA -$131
Property Management Fees -$99
CASH FLOW
-$640

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.

$529,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.40%

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$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k

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$145,935

INVESTMENT

$145,935

Down Payment
$132,250
Rehab Estimate
$5,750
Closing Costs
$7,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,952

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $132,250
Loan Amount $396,750
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$395

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,110

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $2,117

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,985
1$1,9852$1,9953$2,0004$2,1105$2,400
$2,400
RENT COMPS ANALYSIS
  • 42045 N Crooked Stick Road Anthem, AZ 4
    • 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,454 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $0.86
    •  
  • 41008 N Republic Way Anthem, AZ 1
    • 4 beds 2 baths ∙ 2,548 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,548 Sqft ∙ Built 1999
    LEASED 11/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,985
    • $0.78
    •  
  • 41363 N Yorktown Trail Anthem, AZ 2
    • 3 beds 2 baths ∙ 2,153 Sqft ∙ Built 2001 3 beds 2 baths ∙ 2,153 Sqft ∙ Built 2001
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.93
    •  
  • 40821 N Capra Way Anthem, AZ 3
    • 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2000
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.81
    •  
  • 41707 N Iron Horse Drive Anthem, AZ 5
    • 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001
    LEASED 05/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.93
    •  
PROPERTY LISTING DETAILS
Jason Felker
Re/max Advantage
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120038
Last Updated: 10/30/2020
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.

BESbswy