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6515 W Eagle Talon Trail Phoenix, AZ 85083

5 Beds 3 Baths 2,230 sqft Built 2004

$399,900

List Price

$1,850

$1.7K - $2K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $179.33
  • 2 Days on Market
  • MLS # : 6194116
  • Updated Date : 02/13/2021 at 19:38
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,230 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

Large open floor plan gives this home room for everyone. 5 bed, 2.5 bath, family room overlooking the kitchen, and spacious den/bedroom downstairs. Open kitchen with center island, stainless steel appliances, gas stove, plenty of cabinets, and pantry. The master suite has full bath with double sinks and walk-in closet. Large backyard with covered patio and grass area perfect for spending the day with family. Great area and schools. This will not last long!! Set up your showing today.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Preserve at Boulder Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $91k370k

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

Neighborhood: Preserve at Boulder Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9341996

* 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
Sandra Day O'connor High School High Regular 2,481 108 6

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating
 

$359,910$439,890$399,900

PURCHASE PRICE

$1,665$2,035$1,850

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,850
EXPENSES Loan Payment -$1,389
Property Tax -$239
Property Insurance -$71
HOA -$16
Property Management Fees -$99
CASH FLOW
$36

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.

$399,900

PROJECTED PRICE

$1,850

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.3%
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$1.2M

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$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,389

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$25,639

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
  • $1,817

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7453$1,9004$1,9505$2,000
$2,000
RENT COMPS ANALYSIS
  • 6515 W Eagle Talon Trail Phoenix, AZ 1
    • 5 beds 3 baths ∙ 2,230 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,230 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 28312 N 64th Lane Phoenix, AZ 2
    • 4 beds 3 baths ∙ 2,316 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,316 Sqft ∙ Built 2006
    LEASED 02/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,745
    • $0.75
    •  
  • 6418 W Brookhart Way Phoenix, AZ 3
    • 4 beds 3 baths ∙ 2,318 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,318 Sqft ∙ Built 2005
    LEASED 01/21/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.82
    •  
  • 6510 W Yellow Bird Lane Phoenix, AZ 4
    • 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 2004
    LEASED 02/07/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.87
    •  
  • 5915 W Running Deer Trail Phoenix, AZ 5
    • 4 beds 3 baths ∙ 2,434 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,434 Sqft ∙ Built 2003
    LEASED 11/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.82
    •  
PROPERTY LISTING DETAILS
Brian Woodhead
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6194116
Last Updated: 02/13/2021
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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