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43210 N Vista Hills Drive Anthem, AZ 85086

4 Beds 2 Baths 1,827 sqft Built 2005

INVESTimate

$300,000

List Price

$1,770

$1,593 - $1,947

Rent Est.

$314,820  ( +4.94%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $164.20
  • 9 Days on Market
  • MLS # : 6118920
  • Updated Date : 08/25/2020 at 14:40
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,827 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

Popular Holiday model home situated on a corner lot of the highly desirable Firethorn area! The marvelous inside has large living/dining room, 4 bed, 2 bath, and a fireplace in the family room that is right off the kitchen. There is a Jack & Jill bath between the split bedroom floor plan! Fabulous kitchen has been updated with granite countertops, brand new SS Range & Microwave, center island w/breakfast bar, and plenty of cabinets. In the main bedroom you will find a full bath with double sink vanity and a walk-in closet. Easy maintenance backyard offers covered patio perfect to spread out and relax after a busy day. Property is close to all the shopping you could ever need! Hurry to make this one your new home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10242203

* 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
Canyon Springs School Primary Regular 782 44 7
Canyon Springs School Middle Regular 782 44 7
Boulder Creek High School High Regular 2,639 105 6

Canyon Springs School

  • Education Level: Primary
  • # of students: 782
  • # of teachers: 44
7
GreatSchools Rating

Canyon Springs School

  • Education Level: Middle
  • # of students: 782
  • # of teachers: 44
7
GreatSchools Rating

Boulder Creek High School

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

$270,000$330,000$300,000

PURCHASE PRICE

$1,593$1,947$1,770

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,770
EXPENSES Loan Payment -$1,107
Property Tax -$294
Property Insurance -$63
HOA -$78
Property Management Fees -$99
CASH FLOW
$129

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.

$300,000

PROJECTED PRICE

$1,770

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.94%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,107

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

7.25

YEARS SAVED

$30,923

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,770

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,772

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,675
1$1,6752$1,7003$1,7504$1,7705$1,950
$1,950
RENT COMPS ANALYSIS
  • 43210 N Vista Hills Drive Anthem, 4
    • 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,770
    • $0.97
    •  
  • 43337 N Heavenly Way Anthem, 1
    • 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.92
    •  
  • 43264 N Vista Hills Drive Anthem, 2
    • 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005
    LEASED 12/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.93
    •  
  • 43362 N Vista Hills Drive Anthem, 3
    • 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005
    LEASED 09/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.96
    •  
  • 43017 N Vista Hills Drive Anthem, 5
    • 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,827 Sqft ∙ Built 2005
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $1.07
    •  
PROPERTY LISTING DETAILS
Mike Dobbins
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6118920
Last Updated: 08/25/2020
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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