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4832 W Mountain View Road Glendale, AZ 85302

4 Beds 3 Baths 2,032 sqft Built 1977

$354,900

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $174.66
  • 2 Days on Market
  • MLS # : 6203322
  • Updated Date : 03/06/2021 at 16:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,032 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Wow location location and NO HOA Don't miss out on this one. Home shows better than most new model homes. Home includes many new updated features such as brand new pool equipment including filter pump and skimmer plus all new plaster and tile new light too over 11,000 in pool to be updated. Home has new everything just about there are a few items seller didn't replace but not many . New buyers will love This huge 4 bedroom 2.5 bath 2 car extended garage that has north facing backyard is turn key ready. Over 2,100 sq. ft.. Plus seller is throwing in refrigerator washer dryer. With shopping everywhere great location this home is a must see. Too many things to list but you will not be disappointed just show and you will sell. The best thing about home is huge family room and greatroom

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Cactus

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Cactus

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8261567

* 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
Cholla Middle School Middle Regular 658 38 4
Apollo High School High Regular 1,976 91 6

Cholla Middle School

  • Education Level: Middle
  • # of students: 658
  • # of teachers: 38
4
GreatSchools Rating

Apollo High School

  • Education Level: High
  • # of students: 1,976
  • # of teachers: 91
6
GreatSchools Rating
 

$319,410$390,390$354,900

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,233
Property Tax -$206
Property Insurance -$67
Property Management Fees -$99
CASH FLOW
$6

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.

$354,900

PROJECTED PRICE

$1,610

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.1%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$99,799

INVESTMENT

$99,799

Down Payment
$88,725
Rehab Estimate
$5,750
Closing Costs
$5,324

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,233

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $88,725
Loan Amount $266,175
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$21,643

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,610

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,854

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,610
1$1,6102$1,6953$1,7954$1,7995$1,896
$1,896
RENT COMPS ANALYSIS
  • 4832 W Mountain View Road Glendale, AZ 1
    • 4 beds 3 baths ∙ 2,032 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,032 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $1,610
    • $0.79
    •  
  • 4831 W Turquoise Avenue Glendale, AZ 2
    • 3 beds 2 baths ∙ 1,994 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,994 Sqft ∙ Built 1974
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.85
    •  
  • 4419 W Turquoise Avenue Glendale, AZ 3
    • 4 beds 2 baths ∙ 1,955 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,955 Sqft ∙ Built 1975
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.92
    •  
  • 4814 W Brown Street Glendale, AZ 4
    • 3 beds 2 baths ∙ 1,895 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,895 Sqft ∙ Built 1973
    LEASED 12/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.95
    •  
  • 4643 W Mountain View Road Glendale, AZ 5
    • 4 beds 2 baths ∙ 2,045 Sqft ∙ Built 1976 4 beds 2 baths ∙ 2,045 Sqft ∙ Built 1976
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,896
    • $0.93
    •  
PROPERTY LISTING DETAILS
Fred Martin
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203322
Last Updated: 03/06/2021
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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