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4431 W Misty Willow Lane Glendale, AZ 85310

4 Beds 2 Baths 1,817 sqft Built 1992

$404,500

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $222.62
  • 2 Days on Market
  • MLS # : 6190180
  • Updated Date : 02/06/2021 at 03:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,817 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Awesome 4 Bedroom 2 Bath single level home on corner lot!! **Master Retreat boasts dual sinks, separate tiled shower and must see claw foot soaking tub.**All flooring updated as well as kitchen and baths.**New Dual Pane Windows throughout with transferrable warranty!! **Great location: Close to restaurants, shopping, schools and freeways....**Lets not forget the covered patio, grassy area and play pool.**

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pinnacle Peak Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $104k324k

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

Neighborhood: Pinnacle Peak Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001050110011501200125013001350140014501500155016001650Rent in $9521659

* 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
Hillcrest Middle School Middle Regular 991 40 8
Sandra Day O'connor High School High Regular 2,481 108 6
Hillcrest Middle School Middle Unknown NA

Hillcrest Middle School

  • Education Level: Middle
  • # of students: 991
  • # of teachers: 40
8
GreatSchools Rating

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating

Hillcrest Middle School

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

$364,050$444,950$404,500

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,405
Property Tax -$241
Property Insurance -$63
HOA -$33
Property Management Fees -$99
CASH FLOW
-$101

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.

$404,500

PROJECTED PRICE

$1,740

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.1%
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$0.0$5.0k$10k$15k

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$112,943

INVESTMENT

$112,943

Down Payment
$101,125
Rehab Estimate
$5,750
Closing Costs
$6,068

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,405

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $101,125
Loan Amount $303,375
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$16,479

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
  • $1,822

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8003$1,8004$1,9905$1,995
$1,995
RENT COMPS ANALYSIS
  • 4431 W Misty Willow Lane Glendale, AZ 1
    • 4 beds 2 baths ∙ 1,817 Sqft ∙ Built 1992 4 beds 2 baths ∙ 1,817 Sqft ∙ Built 1992
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4202 W Soft Wind Drive Glendale, AZ 2
    • 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 1989
    property image
    LEASED 12/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.96
    •  
  • 4232 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
    property image
    LEASED 12/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.96
    •  
  • 23810 N 44th Lane Glendale, AZ 4
    • 4 beds 2 baths ∙ 1,850 Sqft ∙ Built 1990 4 beds 2 baths ∙ 1,850 Sqft ∙ Built 1990
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,990
    • $1.08
    •  
  • 23851 N 43rd Drive Glendale, AZ 5
    • 4 beds 3 baths ∙ 1,983 Sqft ∙ Built 1992 4 beds 3 baths ∙ 1,983 Sqft ∙ Built 1992
    property image
    LEASED 07/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.01
    •  
PROPERTY LISTING DETAILS
Renee Holubecz
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190180
Last Updated: 02/06/2021
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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