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5133 N 34th Place Phoenix, AZ 85018

3 Beds 4 Baths 2,546 sqft Built 2002

$720,000

List Price

$3,730

$3.5K - $4K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $282.80
  • 3 Days on Market
  • MLS # : 6162736
  • Updated Date : 11/21/2020 at 10:50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,546 sqft
  • Baths : 3 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

A Beautiful property in the highly sought after community of ''ANDORRA'' located in the Biltmore-Arcadia area w/easy access to lots of shopping, restaurants, theaters and a quick trip to Sky Harbor Airport. This ''Great Room'' home contains ''hard to find'' THREE ''En-Suite Master Bedrooms all with Walk-In Closets''! One Master on the main level with other two upstairs plus a study area. This perfect ''Lock & Leave'' property contains 2546sf of comfortable living featuring a ''Great Rm'', Dining area, gas appliances & fireplace. Community pool is surrounded by well-kept grounds and lots of mature trees.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Andorra

NeighborhoodNIR Market*CityMarket2010Year20002019100k200k300k400k500k600k700k800kPrice in $91k827k

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

Neighborhood: Andorra

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000120014001600180020002200240026002800300032003400360038004000Rent in $9344008

* 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
Biltmore Preparatory Academy Primary Regular 476 30 7
Biltmore Preparatory Academy Middle Regular 476 30 7
Camelback High School High Regular 2,048 110 4

Biltmore Preparatory Academy

  • Education Level: Primary
  • # of students: 476
  • # of teachers: 30
7
GreatSchools Rating

Biltmore Preparatory Academy

  • Education Level: Middle
  • # of students: 476
  • # of teachers: 30
7
GreatSchools Rating

Camelback High School

  • Education Level: High
  • # of students: 2,048
  • # of teachers: 110
4
GreatSchools Rating
 

$648,000$792,000$720,000

PURCHASE PRICE

$3,357$4,103$3,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,730
EXPENSES Loan Payment -$2,656
Property Tax -$457
Property Insurance -$77
HOA -$399
Property Management Fees -$99
CASH FLOW
$42

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.

$720,000

PROJECTED PRICE

$3,730

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$196,550

INVESTMENT

$196,550

Down Payment
$180,000
Rehab Estimate
$5,750
Closing Costs
$10,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,656

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $180,000
Loan Amount $540,000
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$48,343

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
  • $3,730

    COMP ESTIMATED VALUE
  • $1.47

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3003$3,6004$3,8505$4,250
$4,250
RENT COMPS ANALYSIS
  • 5133 N 34th Place Phoenix, AZ 1
    • 3 beds 4 baths ∙ 2,546 Sqft ∙ Built 2002 3 beds 4 baths ∙ 2,546 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5134 N 34th Way Phoenix, AZ 2
    • 3 beds 4 baths ∙ 2,512 Sqft ∙ Built 2003 3 beds 4 baths ∙ 2,512 Sqft ∙ Built 2003
    LEASED 11/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.31
    •  
  • 5125 N 34th Place Phoenix, AZ 3
    • 3 beds 4 baths ∙ 2,512 Sqft ∙ Built 2002 3 beds 4 baths ∙ 2,512 Sqft ∙ Built 2002
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.43
    •  
  • 5122 N 34th Way Phoenix, AZ 4
    • 3 beds 4 baths ∙ 2,511 Sqft ∙ Built 2004 3 beds 4 baths ∙ 2,511 Sqft ∙ Built 2004
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $1.53
    •  
  • 4408 N 38th Street Phoenix, AZ 5
    • 4 beds 3 baths ∙ 2,674 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,674 Sqft ∙ Built 2001
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $1.59
    •  
PROPERTY LISTING DETAILS
Adrianne Caspers
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162736
Last Updated: 11/21/2020
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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