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6901 W Windsor Boulevard Glendale, AZ 85303

4 Beds 2 Baths 1,603 sqft Built 1976

$269,000

List Price

$1,180

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $167.81
  • 3 Days on Market
  • MLS # : 6165394
  • Updated Date : 11/27/2020 at 20:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,603 sqft
  • Baths : 2 full
Listing Agent

Arizona 1st Land & Home Re Co

Listing Agent's Description

Your buyers must seeThis great home featuring 4 bedrooms, a dinning room and family room. It also has 2 covered patios and a fenced in play pool. Desert front yard and back yard done in patio pavers, also has side yard RV gates and a Solar hot water heater. DON'T PASS THIS ONE UP!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Yucca

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Yucca

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8491567

* 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
Bicentennial North School Primary Regular 831 36 3
Bicentennial North School Middle Regular 831 36 3
Independence High School High Regular 2,011 89 3

Bicentennial North School

  • Education Level: Primary
  • # of students: 831
  • # of teachers: 36
3
GreatSchools Rating

Bicentennial North School

  • Education Level: Middle
  • # of students: 831
  • # of teachers: 36
3
GreatSchools Rating

Independence High School

  • Education Level: High
  • # of students: 2,011
  • # of teachers: 89
3
GreatSchools Rating
 

$242,100$295,900$269,000

PURCHASE PRICE

$1,062$1,298$1,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,180
EXPENSES Loan Payment -$992
Property Tax -$155
Property Insurance -$58
Property Management Fees -$99
CASH FLOW
-$124

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.

$269,000

PROJECTED PRICE

$1,180

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,035

INVESTMENT

$77,035

Down Payment
$67,250
Rehab Estimate
$5,750
Closing Costs
$4,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$992

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,250
Loan Amount $201,750
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$9,355

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,180

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,282

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,149
1$1,1492$1,1803$1,3494$1,3505$1,395
$1,395
RENT COMPS ANALYSIS
  • 6901 W Windsor Boulevard Glendale, AZ 2
    • 4 beds 2 baths ∙ 1,603 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,603 Sqft ∙ Built 1976
    • Rent
    • Rent Per SQFT
    •  
    • $1,180
    • $0.74
    •  
  • 6802 W Highland Avenue Phoenix, AZ 1
    • 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1960
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,149
    • $0.82
    •  
  • 5709 N 62nd Drive Glendale, AZ 3
    • 3 beds 2 baths ∙ 1,692 Sqft ∙ Built 1959 3 beds 2 baths ∙ 1,692 Sqft ∙ Built 1959
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,349
    • $0.80
    •  
  • 6804 W San Miguel Avenue Glendale, AZ 4
    • 4 beds 2 baths ∙ 1,742 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,742 Sqft ∙ Built 1972
    LEASED 09/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.77
    •  
  • 7371 W Colter Street Glendale, AZ 5
    • 3 beds 2 baths ∙ 1,727 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,727 Sqft ∙ Built 1990
    LEASED 12/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.81
    •  
PROPERTY LISTING DETAILS
George Mendez Delgado
Arizona 1st Land & Home Re Co
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165394
Last Updated: 11/27/2020
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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