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4647 E Sanna Street Phoenix, AZ 85028

3 Beds 5 Baths 4,932 sqft Built 1988

$1,655,000

List Price

$5,310

$5.1K - $5.6K

Rent Est.

PROPERTY INFO

January 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $335.56
  • 4 Days on Market
  • MLS # : 6174271
  • Updated Date : 01/22/2021 at 22:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 4,932 sqft
  • Baths : 4 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

With a 3 car garage, 3 wet bars, a swimming pool w/cocktail tables, a spa & located in the lavish community of Tatum Foothills & in the 3C school district, what else do you need? The Asian Modern style home compliments the mature, lush trees surrounding the house. The entry is grand; the style is unique. The kitchen features a large island, Gaggenau wall ovens & gas cooktop along w/a built-in booth. This is quite literally a split floor plan. Walk up some stairs, enter the master suite noticing his & hers closet & jacuzzi tub w/a Zen garden. Downstairs, the 2 en-suite bedrooms w/ walk-in closets & jetted tubs await you. Nearly every room has French doors leading to the extravagant backyard. Between the outdoor kitchen, waterfalls & generous patio space, this house is the definition of FUN!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tatum Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019100k200k300k400k500k600k700k800k900k1000k1100k1200kPrice in $91k1296k

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

Neighborhood: Tatum Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001500200025003000350040004500Rent in $9344783

* 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
Cherokee Elementary School Primary Regular 500 31 9
Cocopah Middle School Middle Regular 899 43 9
Chaparral High School High Regular 2,053 87 7

Cherokee Elementary School

  • Education Level: Primary
  • # of students: 500
  • # of teachers: 31
9
GreatSchools Rating

Cocopah Middle School

  • Education Level: Middle
  • # of students: 899
  • # of teachers: 43
9
GreatSchools Rating

Chaparral High School

  • Education Level: High
  • # of students: 2,053
  • # of teachers: 87
7
GreatSchools Rating
 

$1,489,500$1,820,500$1,655,000

PURCHASE PRICE

$4,779$5,841$5,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,310
EXPENSES Loan Payment -$5,748
Property Tax -$868
Property Insurance -$123
HOA -$100
Property Management Fees -$99
CASH FLOW
-$1,629

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.

$1,655,000

PROJECTED PRICE

$5,310

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.3%
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$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$444,325

INVESTMENT

$444,325

Down Payment
$413,750
Rehab Estimate
$5,750
Closing Costs
$24,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$5,748

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $413,750
Loan Amount $1,241,250
See What Happens When You Reinvest Cash Flow

0.75

YEARS SAVED

$5,408

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $5,310

    LIST RENT
  • $1.08

    LIST RENT PER SQFT
  • $6,132

    COMP ESTIMATED VALUE
  • $1.24

    COMP AVG. RENT PER SQFT
Comps Range
$5,135
1$5,1352$5,2003$5,3104$7,500
$7,500
RENT COMPS ANALYSIS
  • 4647 E Sanna Street Phoenix, AZ 3
    • 3 beds 5 baths ∙ 4,932 Sqft ∙ Built 1988 3 beds 5 baths ∙ 4,932 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $5,310
    • $1.08
    •  
  • 6127 E Horseshoe Road Paradise Valley, AZ 1
    • 4 beds 4 baths ∙ 4,718 Sqft ∙ Built 1984 4 beds 4 baths ∙ 4,718 Sqft ∙ Built 1984
    LEASED 11/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,135
    • $1.09
    •  
  • 4721 E Caron Street Phoenix, AZ 2
    • 4 beds 4 baths ∙ 4,851 Sqft ∙ Built 1995 4 beds 4 baths ∙ 4,851 Sqft ∙ Built 1995
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,200
    • $1.07
    •  
  • 7417 N Red Ledge Drive Paradise Valley, AZ 4
    • 4 beds 4 baths ∙ 4,764 Sqft ∙ Built 1982 4 beds 4 baths ∙ 4,764 Sqft ∙ Built 1982
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $7,500
    • $1.57
    •  
PROPERTY LISTING DETAILS
Lauren House
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174271
Last Updated: 01/22/2021
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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