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5242 W Blaylock Drive Phoenix, AZ 85083

4 Beds 3 Baths 1,851 sqft Built 2006

$399,000

List Price

$1,620

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $215.56
  • 2 Days on Market
  • MLS # : 6160665
  • Updated Date : 11/14/2020 at 12:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,851 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

This 4 bedroom 2 bath is a must see. Tucked away next to beautiful Deem Hills, this property offers privacy and charm while sitting on your front covered patio. The open floor plan allows you to entertain while preparing your meals and conversing with your guests. The spacious master bedroom offers a walk in closet, double sinks, and a separate shower and tub. The split floor has 3 bedrooms all with closets. The back yard is large and has plenty of room for activities or relaxing under the covered patio. This home is conveniently located close to shopping, dining , and major freeways. Don't miss out on this property it will not be here long!

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
 

$359,100$438,900$399,000

PURCHASE PRICE

$1,458$1,782$1,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,620
EXPENSES Loan Payment -$1,472
Property Tax -$239
Property Insurance -$63
HOA -$24
Property Management Fees -$99
CASH FLOW
-$278

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.

$399,000

PROJECTED PRICE

$1,620

PROJECTED RENT

0.41%

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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

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$111,485

INVESTMENT

$111,485

Down Payment
$99,750
Rehab Estimate
$5,750
Closing Costs
$5,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,472

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,750
Loan Amount $299,250
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$6,934

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
  • $1,721

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7503$1,7754$1,8505$1,864
$1,864
RENT COMPS ANALYSIS
  • 5242 W Blaylock Drive Phoenix, AZ 1
    • 4 beds 3 baths ∙ 1,851 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,851 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 25522 N 54th Lane Phoenix, AZ 2
    • 4 beds 2 baths ∙ 1,816 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,816 Sqft ∙ Built 2005
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.96
    •  
  • 25821 N 54th Avenue Phoenix, AZ 3
    • 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2008
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.94
    •  
  • 5241 W Maya Way Phoenix, AZ 4
    • 3 beds 2 baths ∙ 2,042 Sqft ∙ Built 2006 3 beds 2 baths ∙ 2,042 Sqft ∙ Built 2006
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.91
    •  
  • 5126 W Molly Lane Phoenix, AZ 5
    • 4 beds 2 baths ∙ 2,042 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,042 Sqft ∙ Built 2006
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,864
    • $0.91
    •  
PROPERTY LISTING DETAILS
Maggie Roskowinski
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160665
Last Updated: 11/14/2020
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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