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5135 W Saddlehorn Road Phoenix, AZ 85083

5 Beds 4 Baths 4,070 sqft Built 2005

$549,900

List Price

$2,600

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $135.11
  • 3 Days on Market
  • MLS # : 6163153
  • Updated Date : 11/20/2020 at 17:21
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,070 sqft
  • Baths : 4 full
Listing Agent

Dpr Realty Llc

Listing Agent's Description

Gorgeous two story home in the desirable Community of Stetson Valley. 3 Car garage, charming courtyard entry, & great curb appeal on a corner lot. Beautiful tile floors w/medallion inserts, custom palette, upgraded lighting, window blinds, & formal living/dining room. Stunning chef's kitchen features a large center island, granite counters, & plethora of handsome cherry wood cabinetry. Spacious family room is perfect for entertaining, layered stone fireplace, & has patio access. Upscale baths w/designer tile, lighting, & accessories. Bonus game room w/endless possibilities, plush carpet, ample closets, plantation shutters, ceiling fans, upstairs laundry, & generous sized bedrooms. Enjoy the backyard sparkling pool, spa, extended covered paver patio, & lush green landscape. Call today

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Stetson Valley

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $91k487k

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

Neighborhood: Stetson Valley

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9342160

* 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
Las Brisas Elementary School Primary Regular 834 44 8
Hillcrest Middle School Middle Regular 991 40 8
Sandra Day O'connor High School High Regular 2,481 108 6

Las Brisas Elementary School

  • Education Level: Primary
  • # of students: 834
  • # of teachers: 44
8
GreatSchools Rating

Hillcrest Middle School

  • Education Level: Middle
  • # of students: 991
  • # of teachers: 40
8
GreatSchools Rating

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating
 

$494,910$604,890$549,900

PURCHASE PRICE

$2,340$2,860$2,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,600
EXPENSES Loan Payment -$2,029
Property Tax -$329
Property Insurance -$106
HOA -$24
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.

$549,900

PROJECTED PRICE

$2,600

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.6%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,474

INVESTMENT

$151,474

Down Payment
$137,475
Rehab Estimate
$5,750
Closing Costs
$8,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,475
Loan Amount $412,425
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$39,071

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
  • $2,727

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,5503$2,6004$2,900
$2,900
RENT COMPS ANALYSIS
  • 5135 W Saddlehorn Road Phoenix, AZ 1
    • 5 beds 4 baths ∙ 4,070 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,070 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 26711 N 51st Drive Phoenix, AZ 2
    • 4 beds 3 baths ∙ 3,813 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,813 Sqft ∙ Built 2006
    LEASED 08/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.67
    •  
  • 24519 N 44th Lane Glendale, AZ 3
    • 5 beds 3 baths ∙ 3,925 Sqft ∙ Built 2015 5 beds 3 baths ∙ 3,925 Sqft ∙ Built 2015
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.66
    •  
  • 5708 W Robb Lane Glendale, AZ 4
    • 5 beds 5 baths ∙ 4,262 Sqft ∙ Built 2003 5 beds 5 baths ∙ 4,262 Sqft ∙ Built 2003
    LEASED 06/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.68
    •  
PROPERTY LISTING DETAILS
Mikyung Chung
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6163153
Last Updated: 11/20/2020
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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