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4432 E Saint John Road Phoenix, AZ 85032

4 Beds 2 Baths 2,028 sqft Built 2016

$525,000

List Price

$2,090

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $258.88
  • 5 Days on Market
  • MLS # : 6164549
  • Updated Date : 12/05/2020 at 17:53
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,028 sqft
  • Baths : 2 full
Listing Agent

Corcoran Platinum Living

Listing Agent's Description

Prepare to be wowed! This young single level home in the popular gated community of Santa Rita has upgrades in all the right places. You'll be welcomed with wood look tile into the open great room floorplan with 15ft sliding glass door. The gourmet kitchen boasts upgraded white shaker style cabinets, on trend contrasting grey island, Quartz counters, marble backsplash, upgraded GE SS appliance package with 5 burner gas stove, Stainless steel hood and walk-in pantry. The master bedroom is split from the other 3 bedrooms and has an upgraded walk in tiled shower, double sinks and large WIC. Working from home these days? No problem! The front bedroom has been converted to a dual office with 2 built-in desks and storage. Can easily be converted back if needed. The backyard has custom built in

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Paradise Valley Village

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k358k

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

Neighborhood: Paradise Valley Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9341981

* 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
 

$472,500$577,500$525,000

PURCHASE PRICE

$1,881$2,299$2,090

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,090
EXPENSES Loan Payment -$1,937
Property Tax -$331
Property Insurance -$67
HOA -$84
Property Management Fees -$99
CASH FLOW
-$427

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.

$525,000

PROJECTED PRICE

$2,090

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$144,875

INVESTMENT

$144,875

Down Payment
$131,250
Rehab Estimate
$5,750
Closing Costs
$7,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,937

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $131,250
Loan Amount $393,750
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$5,696

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,090

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $2,287

    COMP ESTIMATED VALUE
  • $1.13

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0903$2,1004$2,2505$2,250
$2,250
RENT COMPS ANALYSIS
  • 4432 E Saint John Road Phoenix, AZ 2
    • 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2016 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,090
    • $1.03
    •  
  • 4373 E Selena Drive Phoenix, AZ 1
    • 3 beds 3 baths ∙ 2,002 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,002 Sqft ∙ Built 2007
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.00
    •  
  • 19027 N 42nd Place Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,883 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,883 Sqft ∙ Built 2001
    LEASED 01/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.12
    •  
  • 5022 E Libby Street Scottsdale, AZ 4
    • 3 beds 2 baths ∙ 1,881 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,881 Sqft ∙ Built 1998
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.20
    •  
  • 4421 E Muriel Drive Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,889 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,889 Sqft ∙ Built 2014
    LEASED 01/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.19
    •  
PROPERTY LISTING DETAILS
Elizabeth L. Birakos
Corcoran Platinum Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6164549
Last Updated: 12/05/2020
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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