Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

6628 W Eagle Talon Trail Phoenix, AZ 85083

4 Beds 4 Baths 2,866 sqft Built 2004

$478,500

List Price

$2,130

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $166.96
  • 3 Days on Market
  • MLS # : 6153939
  • Updated Date : 11/20/2020 at 14:31
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,866 sqft
  • Baths : 3 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

FANTASTIC HOME WITH MOUNTAIN VIEWS ON TOP OF BOULDER MOUNTAIN! ''ABSOLUTE BEST VALUE AVAILABLE TODAY!'' Built by Maracay One of AZ s Premiere Builders this SPRAWLING SINGLE LEVEL HOME Boasts Lots of Space... Living Rm, Family Rm, and a Game Room PLUS a Full Guest Suite! Cherry Cabinetry, Big Kitchen Island, Walk-in Closets in ALL bedrooms! Don's miss this great buy. ''EXTERIOR IS CURRENTLY BEING PAINTED'' East to show with a 2-3 hour notice.

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
Terramar School Primary Regular 844 46 8
Terramar School Middle Regular 844 46 8
Sandra Day O'connor High School High Regular 2,481 108 6

Terramar School

  • Education Level: Primary
  • # of students: 844
  • # of teachers: 46
8
GreatSchools Rating

Terramar School

  • Education Level: Middle
  • # of students: 844
  • # of teachers: 46
8
GreatSchools Rating

Sandra Day O'connor High School

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

$430,650$526,350$478,500

PURCHASE PRICE

$1,917$2,343$2,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,130
EXPENSES Loan Payment -$1,765
Property Tax -$286
Property Insurance -$83
HOA -$16
Property Management Fees -$99
CASH FLOW
-$120

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.

$478,500

PROJECTED PRICE

$2,130

PROJECTED RENT

0.45%

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$1.4M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$132,553

INVESTMENT

$132,553

Down Payment
$119,625
Rehab Estimate
$5,750
Closing Costs
$7,178

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,765

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $119,625
Loan Amount $358,875
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$22,601

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
  • $2,336

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1503$2,2994$2,3955$2,500
$2,500
RENT COMPS ANALYSIS
  • 6628 W Eagle Talon Trail Phoenix, AZ 1
    • 4 beds 4 baths ∙ 2,866 Sqft ∙ Built 2004 4 beds 4 baths ∙ 2,866 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6828 W Evergreen Terrace Peoria, AZ 2
    • 4 beds 3 baths ∙ 2,765 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,765 Sqft ∙ Built 2007
    property image
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.78
    •  
  • 6617 W Andrea Drive Phoenix, AZ 3
    • 5 beds 3 baths ∙ 2,876 Sqft ∙ Built 2003 5 beds 3 baths ∙ 2,876 Sqft ∙ Built 2003
    property image
    LEASED 08/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,299
    • $0.80
    •  
  • 6509 W Molly Lane Phoenix, AZ 4
    • 5 beds 3 baths ∙ 2,876 Sqft ∙ Built 2003 5 beds 3 baths ∙ 2,876 Sqft ∙ Built 2003
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.83
    •  
  • 6421 W Lucia Drive Phoenix, AZ 5
    • 4 beds 4 baths ∙ 2,924 Sqft ∙ Built 2006 4 beds 4 baths ∙ 2,924 Sqft ∙ Built 2006
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.85
    •  
PROPERTY LISTING DETAILS
Daniel Popescu
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6153939
Last Updated: 11/20/2020
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.

BESbswy