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4316 E Bluefield Avenue Phoenix, AZ 85032

3 Beds 2 Baths 1,448 sqft Built 1970

$375,000

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 01, 2020 RECENTLY ADDED
FACTS
  • Built In 1970
  • Price/Sqft : $258.98
  • 4 Days on Market
  • MLS # : 6154692
  • Updated Date : 11/02/2020 at 12:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,448 sqft
  • Baths : 2 full
Listing Agent

Re/max Professionals

Listing Agent's Description

Charming single story house in the desirable Paradise Valley School District. Custom paint tones with beautiful wood look tile, Tile and carpet through out. Open, spacious living room that flows into the lovely modern kitchen with white cabinets with granite counter tops, SS appliances, island with breakfast bar and built in wine cooler. Cute breakfast room perfect for family meals together. Master bedroom has 3/4th bathroom and beautiful shower. Dual pane windows, pool equipment new this year, Exterior paint just finished. RV GATE AND NO HOA! Invite your friends and family over for some fun in the sun in your sparkling pool and grass back yard. This house is on its own septic tank. This gem will not be on the market long so schedule your tour today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Villa Theresa

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $91k271k

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

Neighborhood: Villa Theresa

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9341567

* 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
 

$337,500$412,500$375,000

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$1,384
Property Tax -$236
Property Insurance -$55
Property Management Fees -$99
CASH FLOW
-$194

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.

$375,000

PROJECTED PRICE

$1,580

PROJECTED RENT

0.42%

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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$105,125

INVESTMENT

$105,125

Down Payment
$93,750
Rehab Estimate
$5,750
Closing Costs
$5,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,384

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $93,750
Loan Amount $281,250
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$11,873

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
  • $1,593

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4953$1,5954$1,7005$1,715
$1,715
RENT COMPS ANALYSIS
  • 4316 E Bluefield Avenue Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,448 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,448 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4138 E Bluefield Avenue Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1971
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.03
    •  
  • 4114 E Union Hills Drive #1265 Phoenix, AZ 3
    • 3 beds 3 baths ∙ 1,379 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,379 Sqft ∙ Built 1988
    LEASED 09/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.16
    •  
  • 4238 E Morrow Drive Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 1990
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.09
    •  
  • 18042 N Villa Rita Drive Phoenix, AZ 5
    • 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
    •  
PROPERTY LISTING DETAILS
Jake Wright
Re/max Professionals
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154692
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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