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45480 W Portabello Road Maricopa, AZ 85139

5 Beds 3 Baths 2,571 sqft Built 2003

$335,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $130.30
  • 2 Days on Market
  • MLS # : 6203250
  • Updated Date : 03/07/2021 at 03:16
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,571 sqft
  • Baths : 3 full
Listing Agent

Homesmart Lifestyles

Listing Agent's Description

Great home in Acacia Crossings. 5 Bedrooms, 3 full bathrooms and a den with doors (could be 6th bedroom). 2 bedrooms and den downstairs,upstairs Master Suite and 2 more bedrooms with Jack and Jill bathroom. No Neighbors in Front or on One Side-Corner Lot, Mountain Views.Front and Back Yard landscaped with REAL GRASS(not turf). Security screen doors on front and back doors. Granite counters and island inkitchen, vaulted ceiling in great room. Exterior of home was painted February 2021. Interior painted 2019. Reverse Osmosis and WaterSoftener installed. Garage feature overhead storage racks and a utility sink. Ceiling fans in all bedrooms and den.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85139

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k277k

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

Zip Code: 85139

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9781567

* 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
Butterfield Elementary School Primary Regular 760 33 5
Maricopa Wells Middle School Middle Regular 514 20 3

Butterfield Elementary School

  • Education Level: Primary
  • # of students: 760
  • # of teachers: 33
5
GreatSchools Rating

Maricopa Wells Middle School

  • Education Level: Middle
  • # of students: 514
  • # of teachers: 20
3
GreatSchools Rating
 

$301,500$368,500$335,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$1,164
Property Tax -$313
Property Insurance -$77
HOA -$77
Property Management Fees -$99
CASH FLOW
-$180

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.

$335,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.3%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$94,525

INVESTMENT

$94,525

Down Payment
$83,750
Rehab Estimate
$5,750
Closing Costs
$5,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,164

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $83,750
Loan Amount $251,250
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$6,175

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.6

    LIST RENT PER SQFT
  • $1,645

    COMP ESTIMATED VALUE
  • $0.64

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5503$1,5504$1,5505$1,600
$1,600
RENT COMPS ANALYSIS
  • 45480 W Portabello Road Maricopa, AZ 4
    • 5 beds 3 baths ∙ 2,571 Sqft ∙ Built 2003 5 beds 3 baths ∙ 2,571 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.60
    •  
  • 44384 W Eddie Way Maricopa, AZ 1
    • 4 beds 2 baths ∙ 2,233 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,233 Sqft ∙ Built 2006
    LEASED 11/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.67
    •  
  • 44170 W Mcintosh Circle Maricopa, AZ 2
    • 4 beds 3 baths ∙ 2,317 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,317 Sqft ∙ Built 2005
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.67
    •  
  • 44424 W Knauss Drive Maricopa, AZ 3
    • 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 2006
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.63
    •  
  • 44120 W Kramer Lane Maricopa, AZ 5
    • 5 beds 3 baths ∙ 2,695 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,695 Sqft ∙ Built 2005
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.59
    •  
PROPERTY LISTING DETAILS
Paulette Phillips
Homesmart Lifestyles
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203250
Last Updated: 03/07/2021
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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