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9439 S 51st Street Phoenix, AZ 85044

4 Beds 3 Baths 2,502 sqft Built 1992

$499,900

List Price

$2,320

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $199.80
  • 3 Days on Market
  • MLS # : 6181292
  • Updated Date : 01/15/2021 at 14:34
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,502 sqft
  • Baths : 3 full
Listing Agent

Homesmart

Listing Agent's Description

Amazing, completely updated 4 bedroom 3 bath home in the highly sought-after Pointe South Mountain community, located on Arizona Grand golf course! Conveniently close to the I-10 and 60. Home features modern, hardwood-look porcelain tile. Beautiful upgraded granite and backsplash in kitchen and bathrooms. Brand new white, soft-close shaker cabinets with stainless steel hardware. New stainless steel appliances. Amazing, spacious kitchen open to great room. Fully updated master and guest baths with modern, tiled showers and rain faucets. Every bedroom has walk-in closet, Master bedroom with 2 walk-ins. Brand new upgraded carpet. Dual pane windows. Backyard with beautiful golf course view. Community pool. New paint, and much more. Fabulous and luxurious Ahwatukee home that won't last long!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ahwatukee Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k358k

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

Neighborhood: Ahwatukee Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9341981

* 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 Las Lomas School Primary Regular 729 40 6
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De Las Lomas School

  • Education Level: Primary
  • # of students: 729
  • # of teachers: 40
6
GreatSchools Rating

Kyrene Centennial Middle School

  • Education Level: Middle
  • # of students: 1,054
  • # of teachers: 57
7
GreatSchools Rating

Mountain Pointe High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 111
3
GreatSchools Rating
 

$449,910$549,890$499,900

PURCHASE PRICE

$2,088$2,552$2,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,320
EXPENSES Loan Payment -$1,736
Property Tax -$356
Property Insurance -$76
HOA -$132
Property Management Fees -$99
CASH FLOW
-$79

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.

$499,900

PROJECTED PRICE

$2,320

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$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$138,224

INVESTMENT

$138,224

Down Payment
$124,975
Rehab Estimate
$5,750
Closing Costs
$7,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,736

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,975
Loan Amount $374,925
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$20,028

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
  • $2,452

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1953$2,2004$2,2005$2,900
$2,900
RENT COMPS ANALYSIS
  • 9439 S 51st Street Phoenix, AZ 1
    • 4 beds 3 baths ∙ 2,502 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,502 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6617 S Marilyn Ann Drive Tempe, AZ 2
    • 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
    •  
  • 4549 E Carmen Street Phoenix, AZ 3
    • 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 1984 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 1984
    LEASED 11/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.93
    •  
  • 663 W Fremont Drive Tempe, AZ 4
    • 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
    •  
  • 4715 E La Mirada Way Phoenix, AZ 5
    • 4 beds 3 baths ∙ 2,720 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,720 Sqft ∙ Built 1994
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.07
    •  
PROPERTY LISTING DETAILS
Ryan Murphy
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6181292
Last Updated: 01/15/2021
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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