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4757 W Crittenden Lane 
Phoenix, AZ
85031
4 Beds 2 Baths 1,857 sqft
Built 1957
INVESTimate
$259,900
List Price
$74,624
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PROPERTY INFO
FACTS
- Built In 1957
- Price/Sqft : $139.96
- 3 Days on Market
- MLS # : 6121862
- Updated Date : 08/24/2020 at 12:02
CONSTRUCTION
- Beds : 4
- Floor Size : 1,857 sqft
- Baths : 2 full
Listing Agent
Offerpad
Listing Agent's Description
VACANT!! Come see this single story pool home in Maryvale Terrace! This home offers fresh interior and exterior paint, and new carpet. Lots of living space with a formal living room and a separate family room at the back of the home. The kitchen features ample cabinet and counter space and is open to the dining area. Inside laundry is just off the hallway. The primary bedroom has an ensuite bathroom and separate exit to the backyard. The huge backyard boasts a newly replasterd diving pool and a large area for outdoor furniture. Don't miss this one, view today!
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PRICE & RENT TRENDS
Neighborhood: Maryvale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Maryvale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,290 |
| EXPENSES | Loan Payment | -$959 |
| Property Tax | -$157 | |
| Property Insurance | -$63 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$12
|
||
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.
$259,900
PROJECTED PRICE
$1,290
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 13.80% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$74,624
LOAN DETAILS
$959
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $64,975 |
| Loan Amount | $194,925 |
5.83
YEARS SAVED
$19,960
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,290
LIST RENT -
$0.69
LIST RENT PER SQFT
-
$1,388
COMP ESTIMATED VALUE -
$0.75
COMP AVG. RENT PER SQFT
Comps Range
-
4757 W Crittenden Lane Phoenix, 4
- 4 beds 2 baths ∙ 1,857 Sqft ∙ Built 1957 4 beds 2 baths ∙ 1,857 Sqft ∙ Built 1957
- Rent
- Rent Per SQFT
- $1,290
- $0.69
-
2928 N 53rd Avenue Phoenix, 1
- 3 beds 2 baths ∙ 1,674 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,674 Sqft ∙ Built 1959
LEASED 03/01/19- Rent
- Rent Per SQFT
- $1,199
- $0.72
-
4408 N 57th Avenue Phoenix, 2
- 4 beds 2 baths ∙ 1,756 Sqft ∙ Built 1956 4 beds 2 baths ∙ 1,756 Sqft ∙ Built 1956
LEASED 02/23/19- Rent
- Rent Per SQFT
- $1,245
- $0.71
-
3823 N 48th Drive Phoenix, 3
- 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1956
LEASED 05/31/19- Rent
- Rent Per SQFT
- $1,245
- $0.80
-
6020 W Pinchot Avenue Phoenix, 5
- 3 beds 2 baths ∙ 1,740 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,740 Sqft ∙ Built 1960
LEASED 02/20/20- Rent
- Rent Per SQFT
- $1,325
- $0.76
PROPERTY LISTING DETAILS
Offerpad
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6121862
Last Updated: 08/24/2020
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.
