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9027 N 49th Avenue 
Glendale, AZ
85302
4 Beds 2 Baths 2,012 sqft
Built 1974
INVESTimate
$299,000
List Price
$84,985
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PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $148.61
- 3 Days on Market
- MLS # : 6121799
- Updated Date : 08/25/2020 at 15:14
CONSTRUCTION
- Beds : 4
- Floor Size : 2,012 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
Great floor plan for this 2000+ sqft 4 bedroom/ 2 baths slump block home with an oasis of a backyard. NO HOA, Diving Pool, Granite Counters, Living Room and Family Room with a Fireplace, Split Floor Plan, RV Gate, Needs carpet and paint, priced for a quick cash sale for under $150/sqft. Come and check out this home today before it is gone.
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PRICE & RENT TRENDS
Neighborhood: Sands West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sands West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,560 |
| EXPENSES | Loan Payment | -$1,103 |
| Property Tax | -$173 | |
| Property Insurance | -$66 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$118
|
||
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.
$299,000
PROJECTED PRICE
$1,560
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.29% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$84,985
LOAN DETAILS
$1,103
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $74,750 |
| Loan Amount | $224,250 |
7.58
YEARS SAVED
$34,245
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,560
LIST RENT -
$0.78
LIST RENT PER SQFT
-
$1,700
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
-
9027 N 49th Avenue Glendale, 2
- 4 beds 2 baths ∙ 2,012 Sqft ∙ Built 1974 4 beds 2 baths ∙ 2,012 Sqft ∙ Built 1974
- Rent
- Rent Per SQFT
- $1,560
- $0.78
-
4546 W Onyx Avenue Glendale, 1
- 4 beds 2 baths ∙ 1,876 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,876 Sqft ∙ Built 1976
LEASED 11/15/19- Rent
- Rent Per SQFT
- $1,550
- $0.83
-
4207 W Mission Lane Phoenix, 3
- 3 beds 2 baths ∙ 1,850 Sqft ∙ Built 1968 3 beds 2 baths ∙ 1,850 Sqft ∙ Built 1968
LEASED 03/06/20- Rent
- Rent Per SQFT
- $1,600
- $0.86
-
4831 W Turquoise Avenue Glendale, 4
- 3 beds 2 baths ∙ 1,994 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,994 Sqft ∙ Built 1974
LEASED 05/14/20- Rent
- Rent Per SQFT
- $1,695
- $0.85
-
4336 W Carol Avenue Glendale, 5
- 4 beds 2 baths ∙ 2,113 Sqft ∙ Built 1971 4 beds 2 baths ∙ 2,113 Sqft ∙ Built 1971
LEASED 04/24/20- Rent
- Rent Per SQFT
- $1,775
- $0.84
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6121799
Last Updated: 08/25/2020
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.
