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6327 W Bloomfield Road Glendale, AZ 85304

4 Beds 3 Baths 2,949 sqft Built 1981

$799,000

List Price

$2,310

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $270.94
  • 10 Days on Market
  • MLS # : 6207234
  • Updated Date : 03/27/2021 at 19:09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,949 sqft
  • Baths : 3 full
Listing Agent

Century 21 Northwest

Listing Agent's Description

Expertly designed with impeccable taste. This rare find, blends the infinite possibilities of large lot horse privilege with move in ready dazzling style. A 4 bedroom 3 bath masterpiece, with RV Gate, livestock barns, pasture, separated from your lush yard, BBQ pad, doggie house and NO HOA. This one of a kind gem is the pride of the highly regarded executive community of Longhorn Ranch. A private entrance off the oversized 4th bedroom makes a great second gen or double master option. Brand new windows look amazing while reducing utility costs. Sparkling stainless appliances including a custom wine cooler make this kitchen an entertainers dream. Ring system with cameras, nest for your HVAC. TV mounts do not convey.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sweetwater Estates

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $104k358k

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

Neighborhood: Sweetwater Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9521981

* 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
Ironwood High School High Regular 1,987 89 6
Ironwood High School High Unknown NA

Ironwood High School

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

Ironwood High School

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

$719,100$878,900$799,000

PURCHASE PRICE

$2,079$2,541$2,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,310
EXPENSES Loan Payment -$2,775
Property Tax -$428
Property Insurance -$85
Property Management Fees -$99
CASH FLOW
-$1,077

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.

$799,000

PROJECTED PRICE

$2,310

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.8%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$217,485

INVESTMENT

$217,485

Down Payment
$199,750
Rehab Estimate
$5,750
Closing Costs
$11,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,775

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $199,750
Loan Amount $599,250
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$154

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
  • $2,428

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1753$2,3454$2,400
$2,400
RENT COMPS ANALYSIS
  • 6327 W Bloomfield Road Glendale, AZ 1
    • 4 beds 3 baths ∙ 2,949 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,949 Sqft ∙ Built 1981
    • 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
    •  
  • 5772 W Windrose Drive Glendale, AZ 4
    • 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
Rodica Bartels
Century 21 Northwest
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6207234
Last Updated: 03/27/2021
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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