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PROPERTY INFO
FACTS
- Single Family
- Built In 1990
- Price/Sqft : $231.13
- 6 Days on Market
- MLS # : 6182994
- Updated Date : 01/21/2021 at 02:03
CONSTRUCTION
- Beds : 3
- Floor Size : 1,683 sqft
- Baths : 2 full
Listing Agent
Libertas Real Estate
Listing Agent's Description
Fantastic 3bed/2bath in a great North Glendale location with easy access to shopping, dining, Deem Hills Recreation Area, freeways, schools and so much more. Pristine curb appeal leads you into the must see interior with tile and wood flooring, charming fireplace in living, soaring vaulted ceilings and large windows for an abundance of natural light. Stylish eat in kitchen boasts granite counter tops and sleek black appliances. Master retreat includes private en suite with dual sinks, soaking tub and separate shower. Step out to the expansive grassy backyard with covered patio. Perfect for pets and play! Do not miss out on this gem. See it today!
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PRICE & RENT TRENDS
Neighborhood: Adobe Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Adobe Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,590 |
| EXPENSES | Loan Payment | -$1,351 |
| Property Tax | -$232 | |
| Property Insurance | -$60 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$152
|
||
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.
$389,000
PROJECTED PRICE
$1,590
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 7.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$108,835
LOAN DETAILS
$1,351
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $97,250 |
| Loan Amount | $291,750 |
3.42
YEARS SAVED
$11,300
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,687
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
4231 W Calle Lejos -- Glendale, AZ 1
- 3 beds 2 baths ∙ 1,683 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,683 Sqft ∙ Built 1990
- Rent
- Rent Per SQFT
- $0
- $0.00
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4001 W Cielo Grande -- Glendale, AZ 2
- 3 beds 2 baths ∙ 1,585 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,585 Sqft ∙ Built 1986
LEASED 02/04/20- Rent
- Rent Per SQFT
- $1,595
- $1.01
-
4202 W Soft Wind Drive Glendale, AZ 3
- 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 1989
LEASED 12/24/20- Rent
- Rent Per SQFT
- $1,800
- $0.96
-
4232 W Soft Wind Drive Glendale, AZ 4
- 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 1989
LEASED 12/28/20- Rent
- Rent Per SQFT
- $1,800
- $0.96
-
23810 N 44th Lane Glendale, AZ 5
- 4 beds 2 baths ∙ 1,850 Sqft ∙ Built 1990 4 beds 2 baths ∙ 1,850 Sqft ∙ Built 1990
LEASED 03/01/20- Rent
- Rent Per SQFT
- $1,990
- $1.08
PROPERTY LISTING DETAILS
Libertas Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6182994
Last Updated: 01/21/2021
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.
