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4536 N 49th Avenue Phoenix, AZ 85031

4 Beds 2 Baths 1,933 sqft Built 1954

$255,000

List Price

$1,320

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1954
  • Price/Sqft : $131.92
  • 2 Days on Market
  • MLS # : 6209883
  • Updated Date : 03/20/2021 at 01:09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,933 sqft
  • Baths : 1 full , 1 half
Listing Agent

Realty Achievers Llc

Listing Agent's Description

This home has all the space your family will need! Great floorplan includes; large living room with new flooring, open kitchen with cabinet & countertop space, eat in kitchen dining, walk in pantry, inside laundry room, HUGE den, along with spacious bedrooms & plenty of places for storage. Beautiful backyard is set up to enjoy with grass, firepit & 12'' x16' storage. Location features many amenities nearby such as shopping, fine dining and entertainment. Come see this home today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Maryvale

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $74k271k

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

Neighborhood: Maryvale

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2700800900100011001200130014001500Rent in $6831567

* 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
James W. Rice Primary School Primary Regular 1,061 50 4
Alhambra High School High Regular 2,770 139 3
James W. Rice Primary School Primary Unknown NA

James W. Rice Primary School

  • Education Level: Primary
  • # of students: 1,061
  • # of teachers: 50
4
GreatSchools Rating

Alhambra High School

  • Education Level: High
  • # of students: 2,770
  • # of teachers: 139
3
GreatSchools Rating

James W. Rice Primary School

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

$229,500$280,500$255,000

PURCHASE PRICE

$1,188$1,452$1,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,320
EXPENSES Loan Payment -$886
Property Tax -$140
Property Insurance -$65
Property Management Fees -$99
CASH FLOW
$131

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.

$255,000

PROJECTED PRICE

$1,320

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 13.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$73,325

INVESTMENT

$73,325

Down Payment
$63,750
Rehab Estimate
$5,750
Closing Costs
$3,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$886

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $63,750
Loan Amount $191,250
See What Happens When You Reinvest Cash Flow

8.25

YEARS SAVED

$27,354

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
  • $1,430

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2503$1,3994$1,4005$1,495
$1,495
RENT COMPS ANALYSIS
  • 4536 N 49th Avenue Phoenix, AZ 1
    • 4 beds 2 baths ∙ 1,933 Sqft ∙ Built 1954 4 beds 2 baths ∙ 1,933 Sqft ∙ Built 1954
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6334 W College Drive Phoenix, AZ 2
    • 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 1972
    LEASED 03/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.74
    •  
  • 6124 W Oregon Avenue Glendale, AZ 3
    • 4 beds 2 baths ∙ 1,913 Sqft ∙ Built 1959 4 beds 2 baths ∙ 1,913 Sqft ∙ Built 1959
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $0.73
    •  
  • 4539 W Montebello Avenue Glendale, AZ 4
    • 3 beds 2 baths ∙ 1,812 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,812 Sqft ∙ Built 1973
    LEASED 02/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.77
    •  
  • 2925 N 47th Drive Phoenix, AZ 5
    • 4 beds 2 baths ∙ 2,065 Sqft ∙ Built 1961 4 beds 2 baths ∙ 2,065 Sqft ∙ Built 1961
    LEASED 01/31/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.72
    •  
PROPERTY LISTING DETAILS
Magali Machado
Realty Achievers Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209883
Last Updated: 03/20/2021
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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