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5721 W Windrose Drive Glendale, AZ 85304

5 Beds 3 Baths 2,721 sqft Built 2000

$399,500

List Price

$2,180

$2K - $2.4K

Rent Est.

PROPERTY INFO

January 03, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $146.82
  • 1 Days on Market
  • MLS # : 6176025
  • Updated Date : 01/03/2021 at 00:01
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,721 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

Hurry! Gorgeous 5 br & 2.5 baths open floor plan home located in prime north east of Marshal Ranch community! Luxurious Master suite on 2nd floor! Walk-in closets in 4 beds! Family, living, dining, kitchen, laundry, and 1/2 bath downstairs; 5 beds upstairs! Nice kitchen w/breakfast nook, Island overlooking family room & ample pantry space! Updated - Kitchen Granite Countertops! Covered patio in back! Mature backyard citrus & fruit trees & play area. Huge Linen closet on top of stairs! 2 car garage! Nice surroundings! Top-rated school district! All 2nd floor carpet just replaced, fresh paint! Hurry! This won't stay long! Near Ironwood Park!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Barrel

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Barrel

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Marshall Ranch Elementary School Primary Regular 793 38 7
Marshall Ranch Elementary School Middle Regular 793 38 7
Ironwood High School High Regular 1,987 89 6

Marshall Ranch Elementary School

  • Education Level: Primary
  • # of students: 793
  • # of teachers: 38
7
GreatSchools Rating

Marshall Ranch Elementary School

  • Education Level: Middle
  • # of students: 793
  • # of teachers: 38
7
GreatSchools Rating

Ironwood High School

  • Education Level: High
  • # of students: 1,987
  • # of teachers: 89
6
GreatSchools Rating
 

$359,550$439,450$399,500

PURCHASE PRICE

$1,962$2,398$2,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,180
EXPENSES Loan Payment -$1,474
Property Tax -$214
Property Insurance -$80
HOA -$78
Property Management Fees -$99
CASH FLOW
$235

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.

$399,500

PROJECTED PRICE

$2,180

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,618

INVESTMENT

$111,618

Down Payment
$99,875
Rehab Estimate
$5,750
Closing Costs
$5,993

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,474

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,875
Loan Amount $299,625
See What Happens When You Reinvest Cash Flow

8.58

YEARS SAVED

$54,032

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
  • $2,313

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1753$2,3454$2,4005$2,400
$2,400
RENT COMPS ANALYSIS
  • 5721 W Windrose Drive Glendale, AZ 1
    • 5 beds 3 baths ∙ 2,721 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,721 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5821 W Bloomfield Road Glendale, AZ 2
    • 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 1996 4 beds 3 baths ∙ 3,054 Sqft ∙ Built 1996
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,175
    • $0.71
    •  
  • 12521 N 57th Avenue Glendale, AZ 3
    • 5 beds 3 baths ∙ 2,712 Sqft ∙ Built 1999 5 beds 3 baths ∙ 2,712 Sqft ∙ Built 1999
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,345
    • $0.86
    •  
  • 7226 W Corrine Drive Peoria, AZ 4
    • 4 beds 3 baths ∙ 2,581 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,581 Sqft ∙ Built 1987
    LEASED 10/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.93
    •  
  • 5772 W Windrose Drive Glendale, AZ 5
    • 5 beds 3 baths ∙ 2,670 Sqft ∙ Built 1998 5 beds 3 baths ∙ 2,670 Sqft ∙ Built 1998
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.90
    •  
PROPERTY LISTING DETAILS
Thanaa S Salloum
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176025
Last Updated: 01/03/2021
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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