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6079 W Audrey Lane Glendale, AZ 85308

4 Beds 2 Baths 2,069 sqft Built 1998

$439,900

List Price

$1,790

$1.6K - $2K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $212.61
  • 2 Days on Market
  • MLS # : 6168164
  • Updated Date : 12/05/2020 at 10:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,069 sqft
  • Baths : 2 full
Listing Agent

Amg 4 Kingdom Realty

Listing Agent's Description

Treat yourself to a MODEL PERFECT SANCTUARY boasting with CUSTOM features. No expense was spared here. This is a TOTAL REMODEL single level SPACIOUS, OPEN ,VAULTED CEILINGS, SPLIT MASTER, preferred floor plan. CUSTOM Upgrades include: freshly PAINTED with NEW DESIGNER LIGHT FIXTURES, NEW WOOD FLOORING and BLINDS. Magazine cover NEW white KITCHEN has CUSTOM CABINETRY, gold HARDWARE , NEW SINK & PLUMBING FIXTURES , DESIGNER QUARTS COUNTERTOPS and NEW stove. . The NEW DESIGNER BATHROOMS INCLUDE ,New TUB, NEW TOILETS, CUSTOM TILE SHOWERS, NEW SINKS. EVEN Garage is FRESHLY PAINTED with EPOXY FLOORING. There's Plenty of space to Relax and ENTERTAIN in the peaceful large grassy backyard. NO HOA

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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
Greenbrier Elementary School Primary Regular 387 25 7
Greenbrier Elementary School Middle Regular 387 25 7
Deer Valley High School High Regular 1,854 95 5

Greenbrier Elementary School

  • Education Level: Primary
  • # of students: 387
  • # of teachers: 25
7
GreatSchools Rating

Greenbrier Elementary School

  • Education Level: Middle
  • # of students: 387
  • # of teachers: 25
7
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 1,854
  • # of teachers: 95
5
GreatSchools Rating
 

$395,910$483,890$439,900

PURCHASE PRICE

$1,611$1,969$1,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,790
EXPENSES Loan Payment -$1,623
Property Tax -$313
Property Insurance -$68
Property Management Fees -$99
CASH FLOW
-$313

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.

$439,900

PROJECTED PRICE

$1,790

PROJECTED RENT

0.41%

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$1.4M

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$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$122,324

INVESTMENT

$122,324

Down Payment
$109,975
Rehab Estimate
$5,750
Closing Costs
$6,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,623

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $109,975
Loan Amount $329,925
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$8,296

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
  • $1,888

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6753$1,6954$1,8505$2,000
$2,000
RENT COMPS ANALYSIS
  • 6079 W Audrey Lane Glendale, AZ 1
    • 4 beds 2 baths ∙ 2,069 Sqft ∙ Built 1998 4 beds 2 baths ∙ 2,069 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5948 W Kimberly Way Glendale, AZ 2
    • 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 1996 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 1996
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.87
    •  
  • 17844 N 55th Avenue Glendale, AZ 3
    • 3 beds 2 baths ∙ 1,895 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,895 Sqft ∙ Built 1979
    LEASED 04/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.89
    •  
  • 5422 W Bluefield Avenue Glendale, AZ 4
    • 3 beds 2 baths ∙ 1,986 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,986 Sqft ∙ Built 1996
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.93
    •  
  • 6586 W Oraibi Drive Glendale, AZ 5
    • 4 beds 2 baths ∙ 2,074 Sqft ∙ Built 1997 4 beds 2 baths ∙ 2,074 Sqft ∙ Built 1997
    LEASED 07/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.96
    •  
PROPERTY LISTING DETAILS
Adela Gheorghe
Amg 4 Kingdom Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168164
Last Updated: 12/05/2020
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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