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4737 W Wagoner Road W Glendale, AZ 85308

4 Beds 2 Baths 1,624 sqft Built 1982

$330,000

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

October 29, 2020 RECENTLY ADDED
FACTS
  • Built In 1982
  • Price/Sqft : $203.20
  • 6 Days on Market
  • MLS # : 6143898
  • Updated Date : 10/29/2020 at 16:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,624 sqft
  • Baths : 2 full
Listing Agent

Icg-phoenix, Llc

Listing Agent's Description

BELLAIR AREA / NORTH PHOENIX HOME - MINUTES to Shopping-Schools- 101- Fun! - OPEN floorplan - VALTED CEILINGS - TONS of NATURAL light - CUSTOM window treatments - CONTEMP hardware - SMART HOME FEATURES with Custom Black hat SECURITY system - NEW OUTLETS & SWITCHES / USB outlets. - NEW water heater- NEW Hunter Douglas FANS- NEW Roof 2016 - CONTEMPOARY LARGE FORMAT Tile- DESIGNER PAINT - EAT IN Kitchen- GRANITE Counters & STAINLESS appliances - WALK IN CLOSET - GRANITE in MSTR Bath - DESERT LANDSCAPE in FRONT - HUGE YARD (Pool ?) - COVERED PATIO.....ETC. PLEASE RING to Schedule your home tour TODAY! OPEN HOUSE 11-1-20 @ NOON + !

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Autumn Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Autumn Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Bellair Elementary School Primary Regular 475 30 6
Bellair Elementary School Middle Regular 475 30 6
Deer Valley High School High Regular 1,854 95 5

Bellair Elementary School

  • Education Level: Primary
  • # of students: 475
  • # of teachers: 30
6
GreatSchools Rating

Bellair Elementary School

  • Education Level: Middle
  • # of students: 475
  • # of teachers: 30
6
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 1,854
  • # of teachers: 95
5
GreatSchools Rating
 

$297,000$363,000$330,000

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$1,218
Property Tax -$197
Property Insurance -$59
Property Management Fees -$99
CASH FLOW
-$62

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.

$330,000

PROJECTED PRICE

$1,510

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 6.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,200

INVESTMENT

$93,200

Down Payment
$82,500
Rehab Estimate
$5,750
Closing Costs
$4,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,218

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,500
Loan Amount $247,500
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$18,397

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,510

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,636

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5103$1,6494$1,7305$1,750
$1,750
RENT COMPS ANALYSIS
  • 4737 W Wagoner Road W Glendale, AZ 2
    • 4 beds 2 baths ∙ 1,624 Sqft ∙ Built 1982 4 beds 2 baths ∙ 1,624 Sqft ∙ Built 1982
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.93
    •  
  • 4906 W Lindner Drive Glendale, AZ 1
    • 3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1999
    LEASED 12/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
  • 4607 W Morrow Drive Glendale, AZ 3
    • 4 beds 3 baths ∙ 1,572 Sqft ∙ Built 1983 4 beds 3 baths ∙ 1,572 Sqft ∙ Built 1983
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $1.05
    •  
  • 5028 W Topeka Drive Glendale, AZ 4
    • 3 beds 3 baths ∙ 1,705 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,705 Sqft ∙ Built 1994
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,730
    • $1.01
    •  
  • 4802 W Charleston Avenue Glendale, AZ 5
    • 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1982
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.03
    •  
PROPERTY LISTING DETAILS
David M Siwinski
Icg-phoenix, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6143898
Last Updated: 10/29/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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