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5839 W Beryl Avenue 
Glendale, AZ
85302
4 Beds 3 Baths 2,571 sqft
Built 1994
INVESTimate
$424,900
List Price
$118,349
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PROPERTY INFO
FACTS
- Built In 1994
- Price/Sqft : $165.27
- 2 Days on Market
- MLS # : 6122109
- Updated Date : 08/24/2020 at 19:47
CONSTRUCTION
- Beds : 4
- Floor Size : 2,571 sqft
- Baths : 3 full
Listing Agent
Respect Realty Llc
Listing Agent's Description
Honey, this is our home we wanted on a corner lot with a pool! Large lot with a pool, covered patio, entertaining space. 3 bedrooms, 3 bathrooms, with a den. Den can easily convert to a 4th bedroom, or remain an office/game room. The kitchen is tastefully remodeled with great lighting, an eat-in kitchen, breakfast bar, plus a formal dining area. Upstairs master suite is large with walk-in closet, separate tub and shower, and his/her sinks and a vanity. The loft is the perfect extra living space or play/lounge area. Home has a 3 car garage - the space you wanted for toys/storage. Come enjoy your new house before its gone. Schedule your showing right now. We ask all viewers to wear masks and use hand sanitizer. Buyer(s) and agent(s) for buyer to verify any and all information.
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PRICE & RENT TRENDS
Neighborhood: Marbrisa Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Marbrisa Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,670 |
| EXPENSES | Loan Payment | -$1,568 |
| Property Tax | -$227 | |
| Property Insurance | -$77 | |
| HOA | -$47 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$348
|
||
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.
$424,900
PROJECTED PRICE
$1,670
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.73% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$118,349
LOAN DETAILS
$1,568
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $106,225 |
| Loan Amount | $318,675 |
1.83
YEARS SAVED
$5,860
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
-
$1,909
COMP ESTIMATED VALUE -
$0.74
COMP AVG. RENT PER SQFT
Comps Range
-
5839 W Beryl Avenue Glendale, 1
- 4 beds 3 baths ∙ 2,571 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,571 Sqft ∙ Built 1994
- Rent
- Rent Per SQFT
- $0
- $0.00
-
11015 N 64th Lane Glendale, 2
- 4 beds 2 baths ∙ 2,673 Sqft ∙ Built 1985 4 beds 2 baths ∙ 2,673 Sqft ∙ Built 1985
LEASED 04/24/20- Rent
- Rent Per SQFT
- $1,600
- $0.60
-
9214 N 48th Drive Glendale, 3
- 4 beds 2 baths ∙ 2,357 Sqft ∙ Built 1974 4 beds 2 baths ∙ 2,357 Sqft ∙ Built 1974
LEASED 11/06/19- Rent
- Rent Per SQFT
- $1,800
- $0.76
-
6125 W Sierra Street Glendale, 4
- 4 beds 2 baths ∙ 2,276 Sqft ∙ Built 1981 4 beds 2 baths ∙ 2,276 Sqft ∙ Built 1981
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,800
- $0.79
-
5431 W Riviera Drive Glendale, 5
- 4 beds 3 baths ∙ 2,243 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,243 Sqft ∙ Built 1981
LEASED 06/06/19- Rent
- Rent Per SQFT
- $1,845
- $0.82
PROPERTY LISTING DETAILS
Respect Realty Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122109
Last Updated: 08/24/2020
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.
