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6121 W Port Au Prince Lane Glendale, AZ 85306

3 Beds 2 Baths 1,478 sqft Built 1987

$337,500

List Price

$1,360

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $228.35
  • 1 Days on Market
  • MLS # : 6263682
  • Updated Date : 07/13/2021 at 15:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,478 sqft
  • Baths : 2 full
Listing Agent

Cadaci Realty

Listing Agent's Description

You will love this charming home in a great neighborhood. Three bedrooms, two bathrooms, split floor plan, vaulted ceilings, fireplace in the great room. Kitchen is at the front of the house and has an eat in dining and breakfast bar. Formal dining area in the great room. Ceiling fans in all the bedrooms, great room, and kitchen dining area. Desirable North/South exposure plus extra-large driveway enough room for several cars or a trailer. NO HOA! Full length covered patio with ceiling fans and a fenced play pool! Beautifully landscaped easy care desert front yard, real grass back yard for the kids and pets. This home is ready for your personal touches!

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
Cactus High School High Regular 1,283 61 5
Cactus High School High Unknown NA

Cactus High School

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

Cactus High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$303,750$371,250$337,500

PURCHASE PRICE

$1,224$1,496$1,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,360
EXPENSES Loan Payment -$1,172
Property Tax -$181
Property Insurance -$56
Property Management Fees -$99
CASH FLOW
-$148

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.

$337,500

PROJECTED PRICE

$1,360

PROJECTED RENT

0.40%

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$95,188

INVESTMENT

$95,188

Down Payment
$84,375
Rehab Estimate
$5,750
Closing Costs
$5,063

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,172

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,375
Loan Amount $253,125
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$9,992

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
  • $1,375

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2603$1,4504$1,4955$1,600
$1,600
RENT COMPS ANALYSIS
  • 6121 W Port Au Prince Lane Glendale, AZ 1
    • 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 1987
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 15418 N 61st Avenue Glendale, AZ 2
    • 3 beds 2 baths ∙ 1,361 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,361 Sqft ∙ Built 1980
    property image
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,260
    • $0.93
    •  
  • 14466 N 58th Lane Glendale, AZ 3
    • 3 beds 2 baths ∙ 1,532 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,532 Sqft ∙ Built 1985
    property image
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.95
    •  
  • 5816 W Gelding Drive Glendale, AZ 4
    • 3 beds 2 baths ∙ 1,696 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,696 Sqft ∙ Built 1984
    property image
    LEASED 06/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.88
    •  
  • 15231 N 66th Drive Glendale, AZ 5
    • 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 1998
    property image
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.96
    •  
PROPERTY LISTING DETAILS
Cindy Dallas
Cadaci Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6263682
Last Updated: 07/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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