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4935 E Calle Ventura -- Phoenix, AZ 85018

4 Beds 4 Baths 3,695 sqft Built 1996

$1,600,000

List Price

$4,730

$4.5K - $5K

Rent Est.

PROPERTY INFO

February 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $433.02
  • 4 Days on Market
  • MLS # : 6189476
  • Updated Date : 02/04/2021 at 22:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,695 sqft
  • Baths : 4 full
Listing Agent

Realty Executives

Listing Agent's Description

Hurry to see this lovingly maintained, beautifully customized home on a spectacular lot in Arcadia Estates, a gated enclave of 41 homes! Fantastic single-level design has soaring 12' ceilings & four spacious bedrooms, each with ensuite bath. Remodeled kitchen with loads of cabinetry, Viking Professional Series gas range, built-in freezers & fridge, and a breakfast room with sliding glass wall open to BBQ island. Large rooms thru-out including huge master suite with gorgeous updated bath & a closet to die for! Blonde Swedish hardwood floors. Premium lot has Camelback views from the front; large rear yard with heated pool & spa backs to private community park with walking path & gate to the Arizona Canal bank. Walk over the bridge to OHSO! You can't beat the location & quality for the price!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Arcadia Estates

NeighborhoodNIR Market*CityMarket2010Year20002019100k200k300k400k500k600k700k800k900k1000k1100k1200kPrice in $91k1241k

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

Neighborhood: Arcadia Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000150020002500300035004000450050005500Rent in $9345881

* 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
 

$1,440,000$1,760,000$1,600,000

PURCHASE PRICE

$4,257$5,203$4,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,730
EXPENSES Loan Payment -$5,557
Property Tax -$828
Property Insurance -$99
HOA -$275
Property Management Fees -$99
CASH FLOW
-$2,129

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$1,600,000

PROJECTED PRICE

$4,730

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.36%
Appreciation Year (1-5) 8.5%
Maintenance Year (1-5) 8.00%
Vacancy 7.72%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$429,750

INVESTMENT

$429,750

Down Payment
$400,000
Rehab Estimate
$5,750
Closing Costs
$24,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$5,557

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $400,000
Loan Amount $1,200,000
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$187

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $4,804

    COMP ESTIMATED VALUE
  • $1.3

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,2503$5,000
$5,000
RENT COMPS ANALYSIS
  • 4935 E Calle Ventura -- Phoenix, AZ 1
    • 4 beds 4 baths ∙ 3,695 Sqft ∙ Built 1996 4 beds 4 baths ∙ 3,695 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6027 E Carnation Circle Phoenix, AZ 2
    • 4 beds 4 baths ∙ 3,713 Sqft ∙ Built 2016 4 beds 4 baths ∙ 3,713 Sqft ∙ Built 2016
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $1.14
    •  
  • 4431 N 36th Place Phoenix, AZ 3
    • 4 beds 4 baths ∙ 3,421 Sqft ∙ Built 2000 4 beds 4 baths ∙ 3,421 Sqft ∙ Built 2000
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.46
    •  
PROPERTY LISTING DETAILS
Deborah Dellis
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6189476
Last Updated: 02/04/2021
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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