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5804 S Kachina Drive Tempe, AZ 85283

4 Beds 2 Baths 1,746 sqft Built 1972

$330,000

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $189.00
  • 3 Days on Market
  • MLS # : 6167631
  • Updated Date : 12/04/2020 at 09:31
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,746 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

FIX UP NEEDED !!! Mostly original Tempe four bed room home on oversize pie lot - Extended garage with room for storage, workshop, etc.- Room for RV, boat, etc. - No HOA - Great South Tempe location

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Optimist Park Southwest

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Optimist Park Southwest

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $10001981

* 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
Fuller Elementary School Primary Regular 610 34 9
Fees College Preparatory Middle School Middle Regular 925 59 4
Marcos De Niza High School High Regular 1,582 76 4

Fuller Elementary School

  • Education Level: Primary
  • # of students: 610
  • # of teachers: 34
9
GreatSchools Rating

Fees College Preparatory Middle School

  • Education Level: Middle
  • # of students: 925
  • # of teachers: 59
4
GreatSchools Rating

Marcos De Niza High School

  • Education Level: High
  • # of students: 1,582
  • # of teachers: 76
4
GreatSchools Rating
 

$297,000$363,000$330,000

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$1,218
Property Tax -$217
Property Insurance -$61
Property Management Fees -$99
CASH FLOW
$105

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.

$330,000

PROJECTED PRICE

$1,700

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.1%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

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

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$93,200

INVESTMENT

$93,200

Down Payment
$82,500
Rehab Estimate
$5,750
Closing Costs
$4,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,218

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,500
Loan Amount $247,500
See What Happens When You Reinvest Cash Flow

7.17

YEARS SAVED

$33,608

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
  • $1,929

    COMP ESTIMATED VALUE
  • $1.11

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7003$1,8494$1,9755$2,000
$2,000
RENT COMPS ANALYSIS
  • 5804 S Kachina Drive Tempe, AZ 1
    • 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1912 E Libra Drive Tempe, AZ 2
    • 3 beds 2 baths ∙ 1,620 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,620 Sqft ∙ Built 1973
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.05
    •  
  • 5620 S Crows Nest Road Tempe, AZ 3
    • 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 1972
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,849
    • $1.12
    •  
  • 1915 E Gemini Drive Tempe, AZ 4
    • 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1973
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,975
    • $1.13
    •  
  • 1868 E Auburn Drive Tempe, AZ 5
    • 4 beds 2 baths ∙ 1,792 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,792 Sqft ∙ Built 1974
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.12
    •  
PROPERTY LISTING DETAILS
Burton Cagen
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167631
Last Updated: 12/04/2020
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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