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4217 E Campbell Avenue Phoenix, AZ 85018

4 Beds 3 Baths 3,140 sqft Built 2016

$1,300,000

List Price

$3,610

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $414.01
  • 3 Days on Market
  • MLS # : 6186689
  • Updated Date : 01/30/2021 at 16:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,140 sqft
  • Baths : 3 full
Listing Agent

North & Co

Listing Agent's Description

This turn-key, move in ready Restoration Hardware Dream Home, is the house you've been looking for! Built in 2016, this 4 bedroom, 3 bath craftsman boasts an upgraded chef's kitchen, master bath, and newly finished backyard. Master suite is located on the main floor. Spacious, upstairs loft, with professional movie theater, where your family & guests can share many evenings watching your favorite films. Walking distance to LGO, Ingo's, and Postino. Meticulous in every detail.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Dateland Homes

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450k500kPrice in $91k503k

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

Neighborhood: Dateland Homes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9342035

* 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
Hopi Elementary School Primary Regular 842 40 9
Ingleside Middle School Middle Regular 772 33 7
Arcadia High School High Regular 1,731 72 5

Hopi Elementary School

  • Education Level: Primary
  • # of students: 842
  • # of teachers: 40
9
GreatSchools Rating

Ingleside Middle School

  • Education Level: Middle
  • # of students: 772
  • # of teachers: 33
7
GreatSchools Rating

Arcadia High School

  • Education Level: High
  • # of students: 1,731
  • # of teachers: 72
5
GreatSchools Rating
 

$1,170,000$1,430,000$1,300,000

PURCHASE PRICE

$3,249$3,971$3,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,610
EXPENSES Loan Payment -$4,515
Property Tax -$673
Property Insurance -$88
Property Management Fees -$99
CASH FLOW
-$1,766

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.

$1,300,000

PROJECTED PRICE

$3,610

PROJECTED RENT

0.28%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 14.3%
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$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$350,250

INVESTMENT

$350,250

Down Payment
$325,000
Rehab Estimate
$5,750
Closing Costs
$19,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,515

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $325,000
Loan Amount $975,000
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$257

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
  • $4,365

    COMP ESTIMATED VALUE
  • $1.39

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,6003$3,8004$4,2005$5,000
$5,000
RENT COMPS ANALYSIS
  • 4217 E Campbell Avenue Phoenix, AZ 1
    • 4 beds 3 baths ∙ 3,140 Sqft ∙ Built 2016 4 beds 3 baths ∙ 3,140 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4439 E Devonshire Avenue Phoenix, AZ 2
    • 4 beds 3 baths ∙ 2,892 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,892 Sqft ∙ Built 2015
    property image
    LEASED 12/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.24
    •  
  • 4207 E Cheery Lynn Road Phoenix, AZ 3
    • 5 beds 4 baths ∙ 2,800 Sqft ∙ Built 2019 5 beds 4 baths ∙ 2,800 Sqft ∙ Built 2019
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.36
    •  
  • 4446 N 36th Place Phoenix, AZ 4
    • 4 beds 3 baths ∙ 2,799 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,799 Sqft ∙ Built 2002
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.50
    •  
  • 4431 N 36th Place Phoenix, AZ 5
    • 4 beds 4 baths ∙ 3,421 Sqft ∙ Built 2000 4 beds 4 baths ∙ 3,421 Sqft ∙ Built 2000
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.46
    •  
PROPERTY LISTING DETAILS
Shari Hilton
North & Co
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186689
Last Updated: 01/30/2021
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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