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725 W Vaughn Street Tempe, AZ 85283

5 Beds 3 Baths 2,237 sqft Built 1983

$450,000

List Price

$2,040

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1983
  • Price/Sqft : $201.16
  • 4 Days on Market
  • MLS # : 6180612
  • Updated Date : 01/14/2021 at 23:54
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,237 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Location is everything with this home! It is close to ASU, Kiwanis Park, and is in Kyrene school district. 5 bedrooms and 2.5 bathrooms. Complete remodel with custom cabinets, granite countertops and new appliances in the kitchen, remodeled bathrooms with double sinks, fresh light features, acid stained concrete floors, and new paint! Large lot, 2 RV gates, dog run and space for storage. Newly installed air conditioner and solar panel water heater. Diving pool and no HOA! Make this house your home today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tempe Royal Estates

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300kPrice in $109k305k

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

Neighborhood: Tempe Royal Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9201703

* 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
Kyrene De La Mariposa Elementary School Primary Regular 548 29 8
Kyrene Middle School College Preparatory Academy Middle Regular 1,056 55 6
Marcos De Niza High School High Regular 1,582 76 4

Kyrene De La Mariposa Elementary School

  • Education Level: Primary
  • # of students: 548
  • # of teachers: 29
8
GreatSchools Rating

Kyrene Middle School College Preparatory Academy

  • Education Level: Middle
  • # of students: 1,056
  • # of teachers: 55
6
GreatSchools Rating

Marcos De Niza High School

  • Education Level: High
  • # of students: 1,582
  • # of teachers: 76
4
GreatSchools Rating
 

$405,000$495,000$450,000

PURCHASE PRICE

$1,836$2,244$2,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,040
EXPENSES Loan Payment -$1,563
Property Tax -$325
Property Insurance -$71
Property Management Fees -$99
CASH FLOW
-$18

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.

$450,000

PROJECTED PRICE

$2,040

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.8%
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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$125,000

INVESTMENT

$125,000

Down Payment
$112,500
Rehab Estimate
$5,750
Closing Costs
$6,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,563

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $112,500
Loan Amount $337,500
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$25,387

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
  • $2,170

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8753$2,1954$2,2005$2,200
$2,200
RENT COMPS ANALYSIS
  • 725 W Vaughn Street Tempe, AZ 1
    • 5 beds 3 baths ∙ 2,237 Sqft ∙ Built 1983 5 beds 3 baths ∙ 2,237 Sqft ∙ Built 1983
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 607 E Diamond Drive Tempe, AZ 2
    • 4 beds 2 baths ∙ 1,980 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,980 Sqft ∙ Built 1973
    LEASED 10/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.95
    •  
  • 6617 S Marilyn Ann Drive Tempe, AZ 3
    • 5 beds 2 baths ∙ 2,421 Sqft ∙ Built 1985 5 beds 2 baths ∙ 2,421 Sqft ∙ Built 1985
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.91
    •  
  • 7232 S La Rosa Drive Tempe, AZ 4
    • 5 beds 2 baths ∙ 2,171 Sqft ∙ Built 1977 5 beds 2 baths ∙ 2,171 Sqft ∙ Built 1977
    LEASED 10/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.01
    •  
  • 663 W Fremont Drive Tempe, AZ 5
    • 4 beds 2 baths ∙ 2,185 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,185 Sqft ∙ Built 1999
    LEASED 12/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.01
    •  
PROPERTY LISTING DETAILS
Kimberly Rose
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6180612
Last Updated: 01/14/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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