Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
4458 W Westcott Drive 
Glendale, AZ
85308
2 Beds 2 Baths 988 sqft
Built 1984
INVESTimate
$249,000
List Price
$71,735
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1984
- Price/Sqft : $252.02
- 1 Days on Market
- MLS # : 6118962
- Updated Date : 08/25/2020 at 20:13
CONSTRUCTION
- Beds : 2
- Floor Size : 988 sqft
- Baths : 2 full
Listing Agent
Re/max Fine Properties
Listing Agent's Description
OPEN HOUSE WEDNESDAY 1PM TO 4 PM, This model has an office/den that can be used as a 3rd bedroom! Lovely soft grey and white color scheme throughout. Complete kitchen remode complete with BRAND NEW REFRIGERATOR, RANGE/OVEN, MICROWAVE AND DISHWASHER PLUS SINK, ALL IN STAINLESS STEEL; new flooring and paint throughout, and both bathrooms remodeled all in 2020; this is an absolutely beautiful move in ready home at a great price! Escrow opened at Fidelity National Title, Cara Clark, Escrow Officer, 623-277-4940 due to estate. ALL OFFERS TO BE REVIEWED ON FRIDAY, AUGUST 28TH. NO SHOWINGS UNTIL AFTER 1PM WEDNESDAY, AUGUST 26, 2020.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Overland Hills East
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Overland Hills East
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,070 |
| EXPENSES | Loan Payment | -$919 |
| Property Tax | -$148 | |
| Property Insurance | -$46 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$143
|
||
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.
$249,000
PROJECTED PRICE
$1,070
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.98% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$71,735
LOAN DETAILS
$919
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $62,250 |
| Loan Amount | $186,750 |
3.17
YEARS SAVED
$7,278
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
-
$1,005
COMP ESTIMATED VALUE -
$1.02
COMP AVG. RENT PER SQFT
Comps Range
-
4458 W Westcott Drive Glendale, 1
- 2 beds 2 baths ∙ 988 Sqft ∙ Built 1984 2 beds 2 baths ∙ 988 Sqft ∙ Built 1984
- Rent
- Rent Per SQFT
- $0
- $0.00
-
3820 W Quail Avenue Glendale, 2
- 2 beds 2 baths ∙ 1,056 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,056 Sqft ∙ Built 1976
LEASED 04/15/20- Rent
- Rent Per SQFT
- $1,050
- $0.99
-
18837 N 34th Drive #4 Phoenix, 3
- 2 beds 2 baths ∙ 1,056 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,056 Sqft ∙ Built 1985
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,095
- $1.04
-
17633 N Lindner Drive Glendale, 4
- 2 beds 2 baths ∙ 1,256 Sqft ∙ Built 1980 2 beds 2 baths ∙ 1,256 Sqft ∙ Built 1980
LEASED 08/16/19- Rent
- Rent Per SQFT
- $1,250
- $1.00
-
18815 N 34th Avenue ##6 Phoenix, 5
- 2 beds 2 baths ∙ 1,200 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,200 Sqft ∙ Built 1984
LEASED 08/30/19- Rent
- Rent Per SQFT
- $1,250
- $1.04
PROPERTY LISTING DETAILS
Re/max Fine Properties
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6118962
Last Updated: 08/25/2020
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.
