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7258 E Tyndall Street Mesa, AZ 85207

3 Beds 2 Baths 1,571 sqft Built 2000

$407,000

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

November 29, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $259.07
  • 1 Days on Market
  • MLS # : 6165696
  • Updated Date : 11/28/2020 at 22:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,571 sqft
  • Baths : 2 full
Listing Agent

Fielders Choice Realty

Listing Agent's Description

This 3 bedroom, 2 bathroom home is located in a gated subdivision within the prestigious Las Sendas Master Community. This home has it all, Large yard with lush green grass, Fire pit and charming seating area tucked beneath shade trees are the focus of this beautiful back yard. Climb the spiral staircase to enjoy the dramatic mountain and city views from your own observation deck. This 3 bedroom 2 bathroom, Las Sendas home features High-end ceiling fans to help keep everything cool during the summer months. Vaulted ceilings make the open floor plan feel expansive. Kitchen includes stunning black granite and rich Cherry wood cabinets, Stainless appliances, under cabinet lighting and R/O system. (See MORE info in the MORE Tab)

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Las Sendas

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $109k477k

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

Neighborhood: Las Sendas

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100220023002400Rent in $10342434

* 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
Franklin At Alma Elementary School Primary Regular 280 13 10
Franklin At Alma Elementary School Middle Regular 280 13 10
Fremont Junior High School High Regular 976 48 7

Franklin At Alma Elementary School

  • Education Level: Primary
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Franklin At Alma Elementary School

  • Education Level: Middle
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Fremont Junior High School

  • Education Level: High
  • # of students: 976
  • # of teachers: 48
7
GreatSchools Rating
 

$366,300$447,700$407,000

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,502
Property Tax -$211
Property Insurance -$58
HOA -$37
Property Management Fees -$99
CASH FLOW
-$296

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.

$407,000

PROJECTED PRICE

$1,610

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

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$113,605

INVESTMENT

$113,605

Down Payment
$101,750
Rehab Estimate
$5,750
Closing Costs
$6,105

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,502

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $101,750
Loan Amount $305,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$6,631

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
  • $1,712

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6503$1,7994$1,8505$1,895
$1,895
RENT COMPS ANALYSIS
  • 7258 E Tyndall Street Mesa, AZ 1
    • 3 beds 2 baths ∙ 1,571 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,571 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6728 E Rosedale Street Mesa, AZ 2
    • 3 beds 2 baths ∙ 1,500 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,500 Sqft ∙ Built 2003
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.10
    •  
  • 3527 N Desert Oasis -- Mesa, AZ 3
    • 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1998 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1998
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $1.06
    •  
  • 6510 E Raftriver Street Mesa, AZ 4
    • 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1993
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.09
    •  
  • 6606 E Saddleback Street Mesa, AZ 5
    • 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1992
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.11
    •  
PROPERTY LISTING DETAILS
John Hoyt
Fielders Choice Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165696
Last Updated: 11/28/2020
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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