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

4726 E Mariposa Street Phoenix, AZ 85018

5 Beds 4 Baths 5,038 sqft Built 1966

$1,999,999

List Price

$6,950

$6.7K - $7.2K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1966
  • Price/Sqft : $396.98
  • 2 Days on Market
  • MLS # : 6185242
  • Updated Date : 01/30/2021 at 08:15
CONSTRUCTION
  • Beds : 5
  • Floor Size : 5,038 sqft
  • Baths : 3 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

Welcome home to this fully remodeled Arcadia ranch beauty. Located on a charming and quiet cul-de-sac street with INCREDIBLE CAMELBACK VIEWS. Light and bright kitchen has granite counters and stainless appliances. Five spacious bedrooms including an impressive master suite that includes a large sitting area and a stunning bathroom. Small bedroom adjacent to the master would make a great nursery or home office. On the other side of the home you'll find another large bedroom with en-suite bath, as well as 2 more spacious spare bedrooms. Enjoy meals in the warm & bright formal dining room or the in-kitchen dining nook. Super sized backyard has a deep and sparkling heated pool, gas BBQ, woodburning fireplace, plenty of grass to play, and of course incredible Camelback views. Must see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Arcadia

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $91k751k

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

Neighborhood: Arcadia

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400260028003000Rent in $9343130

* 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
Hopi Elementary School Primary Regular 842 40 9
Ingleside Middle School Middle Regular 772 33 7
Arcadia High School High Regular 1,731 72 5

Hopi Elementary School

  • Education Level: Primary
  • # of students: 842
  • # of teachers: 40
9
GreatSchools Rating

Ingleside Middle School

  • Education Level: Middle
  • # of students: 772
  • # of teachers: 33
7
GreatSchools Rating

Arcadia High School

  • Education Level: High
  • # of students: 1,731
  • # of teachers: 72
5
GreatSchools Rating
 

$1,799,999$2,199,999$1,999,999

PURCHASE PRICE

$6,255$7,645$6,950

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $6,950
EXPENSES Loan Payment -$6,947
Property Tax -$1,035
Property Insurance -$125
Property Management Fees -$99
CASH FLOW
-$1,256

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.

$1,999,999

PROJECTED PRICE

$6,950

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 7.5%
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$6.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k$20k$30k$40k$50k$60k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M$6.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$535,750

INVESTMENT

$535,750

Down Payment
$500,000
Rehab Estimate
$5,750
Closing Costs
$30,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$6,947

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $500,000
Loan Amount $1,499,999
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$31,227

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $6,950

    LIST RENT
  • $1.38

    LIST RENT PER SQFT
  • $9,522

    COMP ESTIMATED VALUE
  • $1.89

    COMP AVG. RENT PER SQFT
Comps Range
$6,950
1$6,9502$8,900
$8,900
RENT COMPS ANALYSIS
  • 4726 E Mariposa Street Phoenix, AZ 1
    • 5 beds 4 baths ∙ 5,038 Sqft ∙ Built 1966 5 beds 4 baths ∙ 5,038 Sqft ∙ Built 1966
    • Rent
    • Rent Per SQFT
    •  
    • $6,950
    • $1.38
    •  
  • 4412 N 56th Street Phoenix, AZ 2
    • 4 beds 4 baths ∙ 4,700 Sqft ∙ Built 1960 4 beds 4 baths ∙ 4,700 Sqft ∙ Built 1960
    LEASED 10/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $8,900
    • $1.89
    •  
PROPERTY LISTING DETAILS
Brent H Smith
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6185242
Last Updated: 01/30/2021
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.

BESbswy