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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1979
- Price/Sqft : $223.88
- 2 Days on Market
- MLS # : 6179432
- Updated Date : 01/16/2021 at 19:52
CONSTRUCTION
- Beds : 4
- Floor Size : 2,010 sqft
- Baths : 2 full
Listing Agent
United Brokers Group
Listing Agent's Description
Gorgeous Ahwatukee home on a large Cul de Sac lot! This single level home features 4 bedrooms, a beautiful custom closet in the master, granite counters in all baths and kitchen and a gorgeous brand new travertine-decked dark pebble tec solar heated pool!Pride of ownership abounds! Enjoy all new windows, new garage opener, new RV and back yard gates, Water Softener & R/O systems, artificial turf, water heater, Ceiling fans/lights in every bedroom and bidets in the bathrooms!!You will also enjoy the huge RV gate and RV parking area on the side of the home. With no HOA you can actually park your toys there! Showings to begin 1/16/2021.Exterior is being painted and interior photos to come after 1/15/2021!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Desert Foothills Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Desert Foothills Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,910 |
| EXPENSES | Loan Payment | -$1,563 |
| Property Tax | -$320 | |
| Property Insurance | -$66 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$139
|
||
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.
$450,000
PROJECTED PRICE
$1,910
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$125,000
LOAN DETAILS
$1,563
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $112,500 |
| Loan Amount | $337,500 |
3.58
YEARS SAVED
$14,743
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,910
LIST RENT -
$0.95
LIST RENT PER SQFT
-
$2,015
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
4654 E La Puente Avenue Phoenix, AZ 3
- 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 1979 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 1979
- Rent
- Rent Per SQFT
- $1,910
- $0.95
-
11202 S Tomah Street Phoenix, AZ 1
- 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 1978
LEASED 06/15/20- Rent
- Rent Per SQFT
- $1,695
- $0.87
-
11820 S 44th Street Phoenix, AZ 2
- 4 beds 2 baths ∙ 1,814 Sqft ∙ Built 1990 4 beds 2 baths ∙ 1,814 Sqft ∙ Built 1990
LEASED 06/15/20- Rent
- Rent Per SQFT
- $1,800
- $0.99
-
4408 E Kiowa Street Phoenix, AZ 4
- 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 1991
LEASED 06/20/20- Rent
- Rent Per SQFT
- $2,045
- $1.09
-
11649 S 46th Street Phoenix, AZ 5
- 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 1990 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 1990
LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,195
- $1.06
PROPERTY LISTING DETAILS
United Brokers Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6179432
Last Updated: 01/16/2021
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.
