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$324,998

For Sale - Active
5458 W El Caminito Dr, Glendale, AZ 85302
3 Beds
2 Baths
1,536 Square Feet
0.05 Acres Lot
Built in 1980
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jul 16, 2025 at 07:48AM

Investment Summary


Monthly Cash Flow
-$506
Cap Rate
3.8%
Cash-on-Cash Return
-8.1%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-3.9%

Property Description


0.05 Acres Lot
Built in 1980
For Sale - Active
Units n/a

Charming single-story townhouse located in Northern Manor West. Fully remodeled 1,532 sqft residence features three bedrooms and two bathrooms. Renovated in 2021, updates include new flooring, a modern kitchen, bedrooms, and refreshed bathrooms. As you enter through the front door, you'll be welcomed by an expansive, airy great room and dining area. Stylish kitchen has granite countertops, a breakfast bar, built-in appliances. Spacious primary bedroom includes a private bath and double closets for ample storage. There are two comfortable guest bedrooms. Your private enclosed patio, perfect for hosting family and friends, or spending time with pets. Patio features newly installed artificial turf and fencing, along with a combination lock to access from your parking space behind the unit.

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Location


Property Details


Parking

  • Description: Assigned
  • Details: Assigned
  • Garage Spaces: 0
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Tile
  • Pool: Yes
  • Pool Community: Yes

HOA

  • Has HOA: Yes
  • Association: Northern Manor
  • HOA Fee: $292/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 14813512
  • Lot Size: 2274 sqft

Property Information

  • Property Type: Townhouse
  • Year Built: 1980

Tax Information

  • Annual Tax: $668

Utilities

  • Water & Sewer: Public
  • Heating: Electric
  • Cooling: Central Air

Location

  • County: Maricopa

Listing Details


Listed by:
John Cao
My Home Group Real Estate
(602) 550-5455

Source:
Arizona Regional Multiple Listing Service (ARMLS)
MLS#: 6817729
Arizona Regional Multiple Listing Service (ARMLS)

Investment Summary


Monthly Cash Flow
-$506
Cap Rate
3.8%
Cash-on-Cash Return
-8.1%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-3.9%

Purchase Details

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Purchase price:
$324,998
Amount financed:
-$259,998
Down payment:
$65,000
Closing costs:
$9,750
Rehab costs:
$0
Initial cash invested:
$74,750
Square feet:
1,536
Cost per square foot:
$212
Monthly rent per square foot:
$1.30

Financing Details

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Loan amount:
$259,998
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,538
Property tax:
$56
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,734

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (3%)
3%-$56-$668
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (15%)
15%-$292-$3,504
Total operating expenses: (42%)
42%-$848-$10,172

Cash Flow


Monthly Yearly
Net operating income:
$1,032 $12,384
Mortgage payments:
-$1,538 -$18,456
Cash flow:
$506 $6,072