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10217 S 43rd Lane Laveen, AZ 85339

4 Beds 3 Baths 3,165 sqft Built 2012

$500,000

List Price

$1,980

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $157.98
  • 3 Days on Market
  • MLS # : 6202913
  • Updated Date : 03/05/2021 at 17:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,165 sqft
  • Baths : 3 full
Listing Agent

Azrc Realty, Llc

Listing Agent's Description

What an opportunity! Welcome to Vaquero Estates, the most sought after gated community in Laveen. This semi-custom beauty offers desert landscaping, extended paver driveway, a covered patio ideal for your morning coffee, and so much more. Step into its dramatic stone facade castle tower entryway and you will feel like royalty. The extended foyer leads into the large great room and the impeccable kitchen featuring matching appliances, double wall oven, ample cabinetry, walk-in pantry, multi-level breakfast bar & a large kitchen island. This is all open to the formal dining & great room which are perfect for entertaining. The master suite has full bath, sep shower/tub, and TWO walk-in closets. One bedroom has roll-in shower, perfect for ADA accessible mobility. Enjoy the backyard ramada,

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Vaquero Estates

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400kPrice in $107k441k

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

Neighborhood: Vaquero Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900200021002200Rent in $9072204

* 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
Betty Fairfax High School High Regular 1,903 104 3
Phoenix Coding Academy High Regular NA
Phoenix Coding Academy High Unknown NA

Betty Fairfax High School

  • Education Level: High
  • # of students: 1,903
  • # of teachers: 104
3
GreatSchools Rating

Phoenix Coding Academy

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Phoenix Coding Academy

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$450,000$550,000$500,000

PURCHASE PRICE

$1,782$2,178$1,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,980
EXPENSES Loan Payment -$1,737
Property Tax -$447
Property Insurance -$89
HOA -$130
Property Management Fees -$99
CASH FLOW
-$521

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.

$500,000

PROJECTED PRICE

$1,980

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.3%
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-$10k-$5.0k$0.0$5.0k

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$138,250

INVESTMENT

$138,250

Down Payment
$125,000
Rehab Estimate
$5,750
Closing Costs
$7,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,737

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $125,000
Loan Amount $375,000
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$674

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,980

    LIST RENT
  • $0.63

    LIST RENT PER SQFT
  • $2,010

    COMP ESTIMATED VALUE
  • $0.63

    COMP AVG. RENT PER SQFT
Comps Range
$1,749
1$1,7492$1,7503$1,8904$1,9805$2,400
$2,400
RENT COMPS ANALYSIS
  • 10217 S 43rd Lane Laveen, AZ 4
    • 4 beds 3 baths ∙ 3,165 Sqft ∙ Built 2012 4 beds 3 baths ∙ 3,165 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $1,980
    • $0.63
    •  
  • 8201 S 45th Lane Laveen, AZ 1
    • 4 beds 3 baths ∙ 2,974 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,974 Sqft ∙ Built 2004
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,749
    • $0.59
    •  
  • 8310 S 47th Lane Laveen, AZ 2
    • 5 beds 3 baths ∙ 2,974 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,974 Sqft ∙ Built 2004
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.59
    •  
  • 8917 S 40th Lane Laveen, AZ 3
    • 5 beds 3 baths ∙ 2,924 Sqft ∙ Built 2007 5 beds 3 baths ∙ 2,924 Sqft ∙ Built 2007
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,890
    • $0.65
    •  
  • 8931 S 40th Drive Laveen, AZ 5
    • 4 beds 3 baths ∙ 3,395 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,395 Sqft ∙ Built 2007
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.71
    •  
PROPERTY LISTING DETAILS
Ralph Guariglio
Azrc Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202913
Last Updated: 03/05/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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