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4447 E Amberwood Drive Phoenix, AZ 85048

3 Beds 2 Baths 1,196 sqft Built 1987

$315,000

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 1987
  • Price/Sqft : $263.38
  • 2 Days on Market
  • MLS # : 6155964
  • Updated Date : 11/07/2020 at 13:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,196 sqft
  • Baths : 2 full
Listing Agent

Exp Realty

Listing Agent's Description

This move-in ready 3, bed., 2 baths, 2-car garage home is absolutely exquisite. So many details make this property very unique starting from bamboo-wood flooring, upgraded bathrooms, spacious kitchen, custom lighting and painting in different walls, and a paradise-like backyard. It is situated on a corner lot, across from the community pool and volleyball courts. Newer A/C Unit and Water Heater. Great gated community in the heart of Ahwatukee close to shopping, restaurants, freeways and great schools. A must see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pecos North

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $91k272k

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

Neighborhood: Pecos North

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
Kyrene Del Milenio Primary Regular 661 37 8
Kyrene Akimel A-al Middle School Middle Regular 1,064 52 8
Desert Vista High School High Regular 3,037 130 8

Kyrene Del Milenio

  • Education Level: Primary
  • # of students: 661
  • # of teachers: 37
8
GreatSchools Rating

Kyrene Akimel A-al Middle School

  • Education Level: Middle
  • # of students: 1,064
  • # of teachers: 52
8
GreatSchools Rating

Desert Vista High School

  • Education Level: High
  • # of students: 3,037
  • # of teachers: 130
8
GreatSchools Rating
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$1,162
Property Tax -$224
Property Insurance -$51
HOA -$115
Property Management Fees -$99
CASH FLOW
-$231

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.

$315,000

PROJECTED PRICE

$1,420

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.4%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,162

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$5,021

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $1.19

    LIST RENT PER SQFT
  • $1,417

    COMP ESTIMATED VALUE
  • $1.19

    COMP AVG. RENT PER SQFT
Comps Range
$1,420
1$1,4202$1,4503$1,4504$1,5005$1,550
$1,550
RENT COMPS ANALYSIS
  • 4447 E Amberwood Drive Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,196 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,196 Sqft ∙ Built 1987
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $1.19
    •  
  • 4326 E Glenhaven Drive Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,275 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,275 Sqft ∙ Built 1999
    property image
    LEASED 12/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.14
    •  
  • 16620 S 43rd Place Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,275 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,275 Sqft ∙ Built 2000
    property image
    LEASED 01/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.14
    •  
  • 4513 E Windsong Drive Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,185 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,185 Sqft ∙ Built 1999
    property image
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.27
    •  
  • 4425 E Hiddenview Drive Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1992
    property image
    LEASED 01/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.19
    •  
PROPERTY LISTING DETAILS
Marielena Krebs
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155964
Last Updated: 11/07/2020
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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