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42111 N Golf Crest Road Anthem, AZ 85086

3 Beds 3 Baths 2,826 sqft Built 2000

$750,000

List Price

$2,820

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $265.39
  • 3 Days on Market
  • MLS # : 6206657
  • Updated Date : 03/13/2021 at 23:41
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,826 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Scenic golf & mountain views abound in this Anthem Golf & Country Club Home! Pride of ownership is evident in this meticulously cared-for and updated home. Colorful desert landscaping greets you as you walk up the aggregate driveway to the 3-car garage with new storage cabinets on every wall & sparkling epoxy floors. The front entry has the soothing sounds of a custom, Cantera stone fountain. Inside this open floor plan home, you will find soaring 12-foot ceilings, 3 Bedrooms, 2.5 Bathrooms, large windows with plantation shutters, plenty of natural light & views of spectacular sunrises with hot air balloons! The large, open, updated Kitchen features beautiful granite countertops with rough cut edges, Wolf cook top, Bosch dishwasher &

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
Boulder Creek High School High Regular 2,639 105 6
Boulder Creek High School High Unknown NA

Boulder Creek High School

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

Boulder Creek High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$675,000$825,000$750,000

PURCHASE PRICE

$2,538$3,102$2,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,820
EXPENSES Loan Payment -$2,605
Property Tax -$700
Property Insurance -$82
HOA -$135
Property Management Fees -$99
CASH FLOW
-$801

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.

$750,000

PROJECTED PRICE

$2,820

PROJECTED RENT

0.38%

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$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,500

INVESTMENT

$204,500

Down Payment
$187,500
Rehab Estimate
$5,750
Closing Costs
$11,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,605

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $187,500
Loan Amount $562,500
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$852

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
  • $2,861

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4503$2,6004$3,0005$3,100
$3,100
RENT COMPS ANALYSIS
  • 42111 N Golf Crest Road Anthem, AZ 1
    • 3 beds 3 baths ∙ 2,826 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,826 Sqft ∙ Built 2000
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2862 W Haley Drive Anthem, AZ 2
    • 3 beds 3 baths ∙ 2,830 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,830 Sqft ∙ Built 2001
    property image
    LEASED 12/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.87
    •  
  • 41707 N Iron Horse Drive Anthem, AZ 3
    • 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,574 Sqft ∙ Built 2001
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.01
    •  
  • 42103 N Anthem Heights Drive Anthem, AZ 4
    • 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 2003
    property image
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.10
    •  
  • 41618 N Emerald Lake Drive Anthem, AZ 5
    • 3 beds 3 baths ∙ 2,892 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,892 Sqft ∙ Built 2000
    property image
    LEASED 11/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.07
    •  
PROPERTY LISTING DETAILS
Karen K Batson
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6206657
Last Updated: 03/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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