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9654 W Payson Road Tolleson, AZ 85353

4 Beds 3 Baths 2,403 sqft Built 2004

$349,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $145.24
  • 4 Days on Market
  • MLS # : 6164247
  • Updated Date : 11/28/2020 at 21:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,403 sqft
  • Baths : 2 full , 1 half
Listing Agent

A.z. & Associates

Listing Agent's Description

STUNNING!! IMMACULATE and absolutely beautiful inside and out. Impeccably, pride of home ownership! The home is gorgeous 4 bedrooms 2.5 Bathroom 2 car garage over 2,400 sq ft. Huge living area, recently remodeled kitchen, main level flooring, all bathrooms, RV Gate added, as well as extended driveway. Beautiful kitchen with a large island, sensor lighting, blue tooth speakers, cabinets & granite countertops.Entertainment/loft room, with plenty space for activities. If it's space you need, this is the one for you! Huge Back yard with gazebo, built in BBQ, TV, fryer, fridge, seating area, 2 fire pits all on beautiful pavers . This home has everything you are looking for. Too much to list, come see it for yourself!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Estrella

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $82k271k

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

Neighborhood: Estrella

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8031567

* 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
 

$314,100$383,900$349,000

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,288
Property Tax -$226
Property Insurance -$74
HOA -$17
Property Management Fees -$99
CASH FLOW
-$183

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.

$349,000

PROJECTED PRICE

$1,520

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.4%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$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$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,235

INVESTMENT

$98,235

Down Payment
$87,250
Rehab Estimate
$5,750
Closing Costs
$5,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,288

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,250
Loan Amount $261,750
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$10,049

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,520

    LIST RENT
  • $0.63

    LIST RENT PER SQFT
  • $1,646

    COMP ESTIMATED VALUE
  • $0.69

    COMP AVG. RENT PER SQFT
Comps Range
$1,520
1$1,5202$1,5503$1,5954$1,5955$1,650
$1,650
RENT COMPS ANALYSIS
  • 9654 W Payson Road Tolleson, AZ 1
    • 4 beds 3 baths ∙ 2,403 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,403 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,520
    • $0.63
    •  
  • 9126 W Raymond Street Tolleson, AZ 2
    • 5 beds 3 baths ∙ 2,256 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,256 Sqft ∙ Built 2005
    LEASED 12/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.69
    •  
  • 9623 W Cordes Road Tolleson, AZ 3
    • 3 beds 3 baths ∙ 2,144 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,144 Sqft ∙ Built 2003
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.74
    •  
  • 9938 W Raymond Street Tolleson, AZ 4
    • 5 beds 3 baths ∙ 2,443 Sqft ∙ Built 2006 5 beds 3 baths ∙ 2,443 Sqft ∙ Built 2006
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.65
    •  
  • 9345 W Cordes Road Tolleson, AZ 5
    • 4 beds 3 baths ∙ 2,518 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,518 Sqft ∙ Built 2006
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.66
    •  
PROPERTY LISTING DETAILS
Isela Felix
A.z. & Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6164247
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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