3125 W Berridge Ln
Alhambra · Phoenix, AZ 85017 · Single-family
- Price
- $372,000
- Est. rent / mo
- $2,125
- Est. cap rate
- 4.03%
- Est. cash-on-cash
- -6.59%
- Est. DSCR
- 0.69
- Rent / price
- 0.571%
- $ / sq ft
- $246
- Est. cash flow / mo
- -$562
At the baseline set: 25% down, 6.75%, 30-year amortisation. Estimates.
Representative stock photography of Phoenix-metro residential product. These images do not depict this address.
The read
Turnkey. Nothing here needs doing, which is exactly why the yield is thin — you are paying the previous owner for the rehab margin.
- Recent full renovation
- New electrical panel (2022)
- Xeriscaped
- No HOA
Facts
| Property type | Single-family |
|---|---|
| Units | 1 |
| Bedrooms / bathrooms | 3 / 2 |
| Living area | 1,512 sq ft |
| Lot | 7,100 sq ft |
| Year built | 1961 (65 yrs) |
| Stories | 1 |
| Parking | 2-car carport |
| Coordinates | 33.5016, -112.1139 |
| Property tax / yr | $2,160 |
|---|---|
| Insurance / yr | $1,680 |
| HOA / mo | None |
| Other fixed / yr | $360 |
| Total est. operating / yr | $8,994 |
| HVAC installed | 2022 |
| Roof installed | 2021 |
| Water provider | City of Phoenix |
| FEMA flood zone | Zone X |
Underwrite it
Every figure below recomputes as you move an input. Nothing is rounded until it is printed, and operating expenses never include debt service — that separation is what makes the cap rate a property of the building and the cash-on-cash a property of your deal. All outputs are estimates.
Monthly cash flow
−$562
after debt service, before tax
Cap rate
4.03%
NOI ÷ purchase price
Cash-on-cash
-6.59%
cash flow ÷ cash invested
DSCR
0.69
NOI ÷ annual debt service
Where the gross rent goes
- Vacancy$1,530
- Operating$8,994
- Debt service$21,715
- Cash flow$0
| Gross scheduled income | $25,500 |
|---|---|
| Less vacancy & credit loss | −$1,530 |
| Effective gross income | $23,970 |
| Less fixed operating | −$4,200 |
| Less variable operating | −$4,794 |
| Net operating income | $14,976 |
| Less annual debt service | −$21,715 |
| Pre-tax cash flow | -$6,739 |
| Loan amount | $279,000 |
| Monthly principal & interest | $1,810 |
| Cash invested | $102,300 |
| Operating expense ratio | 37.5% |
| Break-even occupancy | 120.4% |
| Gross rent multiplier | 14.6 |
| Rent-to-price ratio | 0.571% |
Estimated figures produced by a model from the assumptions on the left. Not an offer, an appraisal, a loan quote or investment advice. Taxes, insurance and operating expenses are estimates; verify each before you commit capital.
Price history
List-price history
Plotted on a true time axis — the horizontal distance between two points is how long that price actually stood. The asking price has not moved since listing.
| Date | Event | Price | Change |
|---|---|---|---|
| August 12, 2026 | Listed | $372,000 | — |
Estimated value, indexed to the submarket
The current price carried backwards on the Alhambra median-price index. An index adjustment, not an appraisal and not a record of transactions.
| Month | Estimated value |
|---|---|
| Oct 2024 | $360K |
| Nov 2024 | $363K |
| Dec 2024 | $367K |
| Jan 2025 | $370K |
| Feb 2025 | $370K |
| Mar 2025 | $369K |
| Apr 2025 | $366K |
| May 2025 | $362K |
| Jun 2025 | $360K |
| Jul 2025 | $360K |
| Aug 2025 | $362K |
| Sep 2025 | $365K |
| Oct 2025 | $367K |
| Nov 2025 | $368K |
| Dec 2025 | $367K |
| Jan 2026 | $365K |
| Feb 2026 | $363K |
| Mar 2026 | $363K |
| Apr 2026 | $366K |
| May 2026 | $369K |
| Jun 2026 | $372K |
| Jul 2026 | $373K |
| Aug 2026 | $373K |
| Sep 2026 | $372K |
Comparables
Rent is compared per unit, which is the only fair basis across a house and a fourplex. The subject sits 3.7% above the median of its five closest comparables.
| Address | Submarket | Distance | Price | Sq ft | $ / sq ft |
|---|---|---|---|---|---|
| 3125 W Berridge Ln Subject | Alhambra | — | $372,000 | 1,512 | $246 |
| 2708 W Glenrosa Ave | Alhambra | 0.5 mi | $328,000 | 1,348 | $243 |
| 820 W Palm Ln | Encanto | 1.7 mi | $612,000 | 1,690 | $362 |
| 1444 N 3rd Ave | Encanto | 1.9 mi | $549,000 | 1,310 | $419 |
| 2840 N 63rd Dr | Maryvale | 3 mi | $268,000 | 1,146 | $234 |
Sensitivity
What a five-percent move in price or fifty basis points on the rate does to the return. Computed at the baseline assumption set, not at whatever you have set the calculator to — it is a fixed reference.
Sensitivity — cash-on-cash by price and rate
Every other assumption held at the baseline set. A fixed reference, not tied to the calculator above. Estimates.
| Price \ Rate | 5.75% | 6.25% | 6.75% | 7.25% | 7.75% |
|---|---|---|---|---|---|
| $342,000−8% | -3.2% | -4.2% | -5.3% | -6.4% | -7.5% |
| $357,000−4% | -3.8% | -4.9% | -6.0% | -7.1% | -8.2% |
| $372,000ask | -4.5% | -5.5% | -6.6% | -7.7% | -8.8% |
| $387,000+4% | -5.0% | -6.1% | -7.2% | -8.3% | -9.4% |
| $402,000+8% | -5.6% | -6.6% | -7.7% | -8.8% | -9.9% |
Cash-on-cash-9.9% → -3.2%
What to check before you commit
HVAC
Condenser installed 2022, 4 years old. Inside normal service life for this climate, so the CapEx reserve carries it rather than a year-one line item.
Roof
Roof dates to 2021, 5 years old — inside the window most carriers will write without a surcharge.
Flood
FEMA Zone X. Outside the mapped special flood hazard area; a lender will not require separate flood coverage.
Water allocation
Served by City of Phoenix. Long-run Colorado River and Central Arizona Project allocation is a genuine risk to price on the metro’s growth edges over a 10-to-20 year hold. It is a discount-rate question, not a next-quarter question.
No HOA
No association. Nothing constrains rental use at the community level, and there is no fixed monthly charge in the expense line.