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13031 W Apodaca Drive Litchfield Park, AZ 85340

5 Beds 4 Baths 4,464 sqft Built 2000

$559,900

List Price

$2,470

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $125.43
  • 3 Days on Market
  • MLS # : 6159682
  • Updated Date : 11/14/2020 at 11:32
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,464 sqft
  • Baths : 3 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

This home is gorgeous inside & out! 5 bed, 3.5 bath, 3 car garage and extended driveway to the RV gate & parking. Located in the gated community of Bel Fleur! Beautiful tile & wood floors, vaulted ceilings and neutral two-tone color palette. Gorgeous formal living & dining with a fabulous fireplace. The spacious open floor plan is the perfect entertaining space! The eat-in kitchen has a plethora of cabinets, beautiful granite counters, island with a gas cook top & breakfast bar seating, wall mount double ovens & microwave and pantry cabinets. The family room has a full wet bar and access to the patio. Powder room and a guest bedroom downstairs. The HUGE loft is the perfect movie theater or game room! Generous sized bedrooms. Large master has sitting area, his & her closets and a full bath.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Bel Fleur

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k486k

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

Neighborhood: Bel Fleur

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452371

* 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
 

$503,910$615,890$559,900

PURCHASE PRICE

$2,223$2,717$2,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,470
EXPENSES Loan Payment -$2,066
Property Tax -$354
Property Insurance -$114
HOA -$42
Property Management Fees -$99
CASH FLOW
-$204

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.

$559,900

PROJECTED PRICE

$2,470

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.1%
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$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$154,124

INVESTMENT

$154,124

Down Payment
$139,975
Rehab Estimate
$5,750
Closing Costs
$8,399

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,066

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $139,975
Loan Amount $419,925
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$20,620

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,470

    LIST RENT
  • $0.55

    LIST RENT PER SQFT
  • $2,738

    COMP ESTIMATED VALUE
  • $0.61

    COMP AVG. RENT PER SQFT
Comps Range
$2,395
1$2,3952$2,4703$2,8004$2,900
$2,900
RENT COMPS ANALYSIS
  • 13031 W Apodaca Drive Litchfield Park, AZ 2
    • 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2000 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $2,470
    • $0.55
    •  
  • 13314 W Solano Drive Litchfield Park, AZ 1
    • 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2002 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2002
    LEASED 12/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.54
    •  
  • 13607 W Reade Avenue Litchfield Park, AZ 3
    • 5 beds 5 baths ∙ 4,457 Sqft ∙ Built 2003 5 beds 5 baths ∙ 4,457 Sqft ∙ Built 2003
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.63
    •  
  • 756 W Mesquite Lane Litchfield Park, AZ 4
    • 4 beds 4 baths ∙ 4,358 Sqft ∙ Built 2005 4 beds 4 baths ∙ 4,358 Sqft ∙ Built 2005
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.67
    •  
PROPERTY LISTING DETAILS
Hector A Anduray
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159682
Last Updated: 11/14/2020
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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