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9011 W Superior Avenue Tolleson, AZ 85353

4 Beds 2 Baths 1,966 sqft Built 2006

$280,000

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $142.42
  • 2 Days on Market
  • MLS # : 6181776
  • Updated Date : 01/16/2021 at 04:32
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,966 sqft
  • Baths : 2 full
Listing Agent

A.z. & Associates

Listing Agent's Description

Do not miss your opportunity on this gorgeous home in a cul-de-sac! This home has 4 bedrooms and a den! The den can be used for an office, workout out room, or converted into a bedroom. The split floor plan allows for privacy in the master suite. There is plenty of space in your large kitchen for entertainment which leads into an open dining area and spacious living room thay boasts with beautiful wood flooring. *buyers to verify all facts and figures*

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Hurley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Hurley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8371567

* 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
Hurley Ranch Elementary School Primary Regular 976 41 2
Hurley Ranch Elementary School Middle Regular 976 41 2
Tolleson Union High School High Regular 1,911 91 4

Hurley Ranch Elementary School

  • Education Level: Primary
  • # of students: 976
  • # of teachers: 41
2
GreatSchools Rating

Hurley Ranch Elementary School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 41
2
GreatSchools Rating

Tolleson Union High School

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

$252,000$308,000$280,000

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$973
Property Tax -$181
Property Insurance -$66
HOA -$65
Property Management Fees -$99
CASH FLOW
-$13

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.

$280,000

PROJECTED PRICE

$1,370

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 5.1%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$973

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

5.08

YEARS SAVED

$14,483

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,370

    LIST RENT
  • $0.7

    LIST RENT PER SQFT
  • $1,533

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,370
1$1,3702$1,5203$1,5504$1,5955$1,700
$1,700
RENT COMPS ANALYSIS
  • 9011 W Superior Avenue Tolleson, AZ 1
    • 4 beds 2 baths ∙ 1,966 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,966 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $0.70
    •  
  • 9007 W Magnolia Street Tolleson, AZ 2
    • 4 beds 2 baths ∙ 2,025 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,025 Sqft ∙ Built 2005
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,520
    • $0.75
    •  
  • 8903 W Preston Lane Tolleson, AZ 3
    • 3 beds 3 baths ∙ 2,043 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,043 Sqft ∙ Built 2005
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.76
    •  
  • 9359 W Williams Street Tolleson, AZ 4
    • 3 beds 3 baths ∙ 2,166 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,166 Sqft ∙ Built 2005
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.74
    •  
  • 9429 W Riverside Avenue Tolleson, AZ 5
    • 5 beds 3 baths ∙ 1,950 Sqft ∙ Built 2005 5 beds 3 baths ∙ 1,950 Sqft ∙ Built 2005
    LEASED 11/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.87
    •  
PROPERTY LISTING DETAILS
Patrick Foster
A.z. & Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6181776
Last Updated: 01/16/2021
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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