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13015 W Estero Lane Litchfield Park, AZ 85340

5 Beds 4 Baths 3,450 sqft Built 2003

$437,900

List Price

$2,030

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $126.93
  • 3 Days on Market
  • MLS # : 6167534
  • Updated Date : 12/03/2020 at 21:38
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,450 sqft
  • Baths : 3 full , 1 half
Listing Agent

Homesmart Professionals

Listing Agent's Description

Absolutley incredible 5 bedroom 3.5 bathroom house in Wigwam creek south. The wood floors lead you in to a spacious kitchen with a gorgeous island made of versatile butcher block. The large backyard with a fenced dog run and pool is perfect for BBQ's on the weekends! Upstairs will have 4 bedrooms, a den, and a large game room. The den is lined with cultured stone, built-in entertainment center, and surround sound all set-up. The master bedroom has a split layout for the bathroom including two closets, one walk in and one reach in closet. The master bathroom has dual sinks, large soaking tub, and a stand-in shower. You can see the pride of ownership throughout the entire household!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Wigwam Creek South

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300kPrice in $109k315k

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

Neighborhood: Wigwam Creek South

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800Rent in $9091813

* 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
Corte Sierra Elementary School Primary Regular 828 37 7
Wigwam Creek Middle School Middle Regular 927 39 8
Agua Fria High School High Regular 1,725 92 4

Corte Sierra Elementary School

  • Education Level: Primary
  • # of students: 828
  • # of teachers: 37
7
GreatSchools Rating

Wigwam Creek Middle School

  • Education Level: Middle
  • # of students: 927
  • # of teachers: 39
8
GreatSchools Rating

Agua Fria High School

  • Education Level: High
  • # of students: 1,725
  • # of teachers: 92
4
GreatSchools Rating
 

$394,110$481,690$437,900

PURCHASE PRICE

$1,827$2,233$2,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,030
EXPENSES Loan Payment -$1,616
Property Tax -$277
Property Insurance -$94
HOA -$62
Property Management Fees -$99
CASH FLOW
-$118

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.

$437,900

PROJECTED PRICE

$2,030

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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-$5.0k$0.0$5.0k$10k$15k

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$121,794

INVESTMENT

$121,794

Down Payment
$109,475
Rehab Estimate
$5,750
Closing Costs
$6,569

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,616

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $109,475
Loan Amount $328,425
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$20,844

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
  • $2,208

    COMP ESTIMATED VALUE
  • $0.64

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7953$1,8504$2,0955$2,475
$2,475
RENT COMPS ANALYSIS
  • 13015 W Estero Lane Litchfield Park, AZ 1
    • 5 beds 4 baths ∙ 3,450 Sqft ∙ Built 2003 5 beds 4 baths ∙ 3,450 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12382 W Highland Avenue Avondale, AZ 2
    • 5 beds 3 baths ∙ 3,277 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,277 Sqft ∙ Built 2005
    property image
    LEASED 03/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.55
    •  
  • 12650 W Marshall Avenue Litchfield Park, AZ 3
    • 4 beds 3 baths ∙ 3,222 Sqft ∙ Built 2002 4 beds 3 baths ∙ 3,222 Sqft ∙ Built 2002
    property image
    LEASED 07/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.57
    •  
  • 12534 W Solano Drive Litchfield Park, AZ 4
    • 4 beds 3 baths ∙ 3,222 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,222 Sqft ∙ Built 2003
    property image
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.65
    •  
  • 12816 W Vista Paseo Drive Litchfield Park, AZ 5
    • 5 beds 3 baths ∙ 3,114 Sqft ∙ Built 2002 5 beds 3 baths ∙ 3,114 Sqft ∙ Built 2002
    property image
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,475
    • $0.79
    •  
PROPERTY LISTING DETAILS
Griffin Roehler
Homesmart Professionals
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167534
Last Updated: 12/03/2020
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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