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5107 E Nambe Street Phoenix, AZ 85044

3 Beds 2 Baths 1,092 sqft Built 1981

$289,900

List Price

$1,480

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $265.48
  • 3 Days on Market
  • MLS # : 6176097
  • Updated Date : 01/01/2021 at 07:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,092 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

GREAT HOME * GRANITE COUNTERS * STAINLESS STEEL APPLIANCES * NEUTRAL TILE & CARPET * REMODELED MASTER BATH * 2 TONE PAINT * RAISED PANEL DOORS * 2 INCH BLINDS * EXTERIOR PAINTED IN DEC OF 2020 * ROOF REPLACED IN OCT 2020 * PLUMBING UPDATED IN 2018 * UPDATED DUAL PANE WINDOWS * COVERED PATIO * FRONT SECURITY DOOR * UPDATED GARAGE DOOR & OPENER * EPOXY FLOOR * ARCHITECTURAL SHINGLED ROOF * LARGE BACKYARD * ORANGE TREE * FAST FREEWAY ACCESS * SEE THIS ONE TODAY!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $91k301k

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

Neighborhood: Ahwatukee

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9341576

* 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
Kyrene De Las Lomas School Primary Regular 729 40 6
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De Las Lomas School

  • Education Level: Primary
  • # of students: 729
  • # of teachers: 40
6
GreatSchools Rating

Kyrene Centennial Middle School

  • Education Level: Middle
  • # of students: 1,054
  • # of teachers: 57
7
GreatSchools Rating

Mountain Pointe High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 111
3
GreatSchools Rating
 

$260,910$318,890$289,900

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$1,070
Property Tax -$206
Property Insurance -$49
HOA -$2
Property Management Fees -$99
CASH FLOW
$55

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$289,900

PROJECTED PRICE

$1,480

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,070

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$26,988

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
  • $1,362

    COMP ESTIMATED VALUE
  • $1.25

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5503$1,5504$1,5955$1,795
$1,795
RENT COMPS ANALYSIS
  • 5107 E Nambe Street Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,092 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,092 Sqft ∙ Built 1981
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5122 E Nambe Street Phoenix, AZ 2
    • 3 beds 2 baths ∙ 1,268 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,268 Sqft ∙ Built 1981
    property image
    LEASED 09/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.22
    •  
  • 4732 E Mountain Sage Drive Phoenix, AZ 3
    • 3 beds 2 baths ∙ 1,309 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,309 Sqft ∙ Built 1994
    property image
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.18
    •  
  • 5014 E Shomi Street Phoenix, AZ 4
    • 3 beds 3 baths ∙ 1,238 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,238 Sqft ∙ Built 1985
    property image
    LEASED 08/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.29
    •  
  • 4718 E Goldfinch Gate Lane Phoenix, AZ 5
    • 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1995
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.30
    •  
PROPERTY LISTING DETAILS
W. Russell Shaw
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176097
Last Updated: 01/01/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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