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8426 W Flavia Haven Tolleson, AZ 85353

4 Beds 3 Baths 2,170 sqft Built 2002

$270,000

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2002
  • Price/Sqft : $124.42
  • 3 Days on Market
  • MLS # : 6156919
  • Updated Date : 11/06/2020 at 20:14
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,170 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Great curb appeal and design on this home. Plenty of space here! Tile floors downstairs with recently updated wood grain laminate upstairs. Fresh paint on the exterior for a Santa Barbara look. Nice sized kitchen with all appliances. Huge loft upstairs with computer niche for that home office, extra bedroom or whatever you wish. Extra large drive way that fits 4 vehicles. Great location that is close to the park with playground equipment. Shopping is walking distance away.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ryland at Heritage Point

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Ryland at Heritage Point

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7991567

* 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
Dos Rios Elementary School Primary Regular 1,021 41 2
Dos Rios Elementary School Middle Regular 1,021 41 2
Tolleson Union High School High Regular 1,911 91 4

Dos Rios Elementary School

  • Education Level: Primary
  • # of students: 1,021
  • # of teachers: 41
2
GreatSchools Rating

Dos Rios Elementary School

  • Education Level: Middle
  • # of students: 1,021
  • # of teachers: 41
2
GreatSchools Rating

Tolleson Union High School

  • Education Level: High
  • # of students: 1,911
  • # of teachers: 91
4
GreatSchools Rating
 

$243,000$297,000$270,000

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$996
Property Tax -$175
Property Insurance -$69
HOA -$17
Property Management Fees -$99
CASH FLOW
$64

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.

$270,000

PROJECTED PRICE

$1,420

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 10.4%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$77,300

INVESTMENT

$77,300

Down Payment
$67,500
Rehab Estimate
$5,750
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,500
Loan Amount $202,500
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$25,385

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $0.65

    LIST RENT PER SQFT
  • $1,557

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,420
1$1,4202$1,4953$1,5254$1,5755$1,595
$1,595
RENT COMPS ANALYSIS
  • 8426 W Flavia Haven Tolleson, AZ 1
    • 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $0.65
    •  
  • 2022 S 85th Avenue Tolleson, AZ 2
    • 3 beds 3 baths ∙ 1,979 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,979 Sqft ∙ Built 2002
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.76
    •  
  • 8420 W Hughes Drive Tolleson, AZ 3
    • 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002
    LEASED 04/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.70
    •  
  • 2618 S Devonna Lane Tolleson, AZ 4
    • 3 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,170 Sqft ∙ Built 2002
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.73
    •  
  • 8341 W Hughes Drive Tolleson, AZ 5
    • 4 beds 3 baths ∙ 2,352 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,352 Sqft ∙ Built 2001
    LEASED 12/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.68
    •  
PROPERTY LISTING DETAILS
Dorathey Duffield
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156919
Last Updated: 11/06/2020
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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