Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

5257 W Acapulco Lane Glendale, AZ 85306

3 Beds 2 Baths 1,820 sqft Built 1973

$320,000

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 1973
  • Price/Sqft : $175.82
  • 1 Days on Market
  • MLS # : 6155348
  • Updated Date : 11/02/2020 at 20:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,820 sqft
  • Baths : 2 full
Listing Agent

Dominion Group Properties

Listing Agent's Description

BEAUTIFULLY UPDATED home on a desirable CORNER LOT with a RV GATE and NO HOA!! Featuring a fantastic split and flexible floor plan with spacious bedrooms and plenty of storage! RECENTLY UPDATED KITCHEN with QUARTZ COUNTERS, tile backsplash with open breakfast bar, ceramic tile & laminate wood flooring throughout with carpet only in the bedrooms, granite countertops in bathrooms, Laundry Room heaven with custom built-ins and a folding table ++ Relax, Entertain & Play in the oversized backyard with a NEWLY RESURFACED DIVING POOL with a new pool pump, FULL LENGTH COVERED PATIO & ROOM FOR YOUR TOYS!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sahuaro

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $104k271k

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

Neighborhood: Sahuaro

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9491567

* 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
Kachina Elementary School Primary Regular 454 31 6
Kachina Elementary School Middle Regular 454 31 6
Cactus High School High Regular 1,283 61 5

Kachina Elementary School

  • Education Level: Primary
  • # of students: 454
  • # of teachers: 31
6
GreatSchools Rating

Kachina Elementary School

  • Education Level: Middle
  • # of students: 454
  • # of teachers: 31
6
GreatSchools Rating

Cactus High School

  • Education Level: High
  • # of students: 1,283
  • # of teachers: 61
5
GreatSchools Rating
 

$288,000$352,000$320,000

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$1,181
Property Tax -$171
Property Insurance -$63
Property Management Fees -$99
CASH FLOW
$146

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.

$320,000

PROJECTED PRICE

$1,660

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.5%
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$1.2M

PROJECTED ANNUAL CASH FLOW

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

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$90,550

INVESTMENT

$90,550

Down Payment
$80,000
Rehab Estimate
$5,750
Closing Costs
$4,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $80,000
Loan Amount $240,000
See What Happens When You Reinvest Cash Flow

8.25

YEARS SAVED

$40,275

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
  • $1,652

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5853$1,6954$1,7005$1,700
$1,700
RENT COMPS ANALYSIS
  • 5257 W Acapulco Lane Glendale, AZ 1
    • 3 beds 2 baths ∙ 1,820 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,820 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5227 W Hearn Road Glendale, AZ 2
    • 3 beds 2 baths ∙ 1,831 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,831 Sqft ∙ Built 1972
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,585
    • $0.87
    •  
  • 5516 W Beck Lane Glendale, AZ 3
    • 3 beds 2 baths ∙ 1,839 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,839 Sqft ∙ Built 1974
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.92
    •  
  • 15428 N 55th Avenue Glendale, AZ 4
    • 3 beds 2 baths ∙ 1,839 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,839 Sqft ∙ Built 1974
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.92
    •  
  • 5119 W Port Au Prince Lane Glendale, AZ 5
    • 3 beds 2 baths ∙ 1,839 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,839 Sqft ∙ Built 1972
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.92
    •  
PROPERTY LISTING DETAILS
Ana M Woods
Dominion Group Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155348
Last Updated: 11/02/2020
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.

BESbswy