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12817 W La Reata Avenue 
Avondale, AZ
85392
4 Beds 3 Baths 2,232 sqft
Built 1998
INVESTimate
$306,000
List Price
$86,840
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PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $137.10
- 2 Days on Market
- MLS # : 6122266
- Updated Date : 08/25/2020 at 19:47
CONSTRUCTION
- Beds : 4
- Floor Size : 2,232 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Great location near Thomas & Dysart! Beautiful Cape Cod floorplan with brick-trim elevation and front porch * Master bathroom has garden tub/shower combination and HUGE walk-in closet * Ceramic tile, bamboo and wood floor throughout the whole house *Raised panel interior doors and cabinets* Tile countertops in kitchen * Beautiful gas fireplace in family room*Insulated garage door and garage access door.
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PRICE & RENT TRENDS
Neighborhood: Rancho Santa Fe
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Rancho Santa Fe
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,540 |
| EXPENSES | Loan Payment | -$1,129 |
| Property Tax | -$193 | |
| Property Insurance | -$71 | |
| HOA | -$45 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$3
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$306,000
PROJECTED PRICE
$1,540
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.26% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$86,840
LOAN DETAILS
$1,129
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $76,500 |
| Loan Amount | $229,500 |
5.58
YEARS SAVED
$22,273
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
-
$1,624
COMP ESTIMATED VALUE -
$0.73
COMP AVG. RENT PER SQFT
Comps Range
-
12817 W La Reata Avenue Avondale, 1
- 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1998
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
13119 W Sheridan Street Goodyear, 2
- 3 beds 3 baths ∙ 2,150 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,150 Sqft ∙ Built 1995
![property image]()
LEASED 02/29/20- Rent
- Rent Per SQFT
- $1,495
- $0.70
-
12755 W Alvarado Road Avondale, 3
- 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 1997
![property image]()
LEASED 07/15/20- Rent
- Rent Per SQFT
- $1,550
- $0.76
-
12826 W Windsor Avenue Avondale, 4
- 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1998
![property image]()
LEASED 04/06/20- Rent
- Rent Per SQFT
- $1,595
- $0.71
-
12809 W Windsor Avenue Avondale, 5
- 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,232 Sqft ∙ Built 1998
![property image]()
LEASED 08/24/20- Rent
- Rent Per SQFT
- $1,649
- $0.74
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122266
Last Updated: 08/25/2020
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.
