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14782 W Luna Circle S Litchfield Park, AZ 85340

4 Beds 3 Baths 2,606 sqft Built 2011

$559,000

List Price

$2,050

$1.8K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $214.50
  • 3 Days on Market
  • MLS # : 6196341
  • Updated Date : 02/19/2021 at 22:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,606 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Welcome home! 4 Bedroom, 3 bathroom home in the highly sought after neighborhood of The Village at Litchfield Park, situated on a premium lot in a quiet cul de sac. Bright, open floor plan features a large Great Room open to kitchen and dining area. Perfect for entertaining, the kitchen boasts beautiful cabinets, granite counters, breakfast bar, gas range, pantry and lots of storage! On the Main floor is the Large Master Suite and Master Bathroom with separate shower & soaking tub, dual sinks and walk in closet- split from Den and 2 bedrooms and more storage space! Upstairs you are greeted by a HUGE loft, bathroom and 4th bedroom (with room to add 5th bedroom). Three car tandem garage has epoxy flooring. Spacious backyard/outdoor living space has a covered patio, extended concrete decking

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Village at Litchfield Park

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k477k

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

Neighborhood: Village at Litchfield Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452385

* 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
Millennium High School High Regular 2,205 94 4

Millennium High School

  • Education Level: High
  • # of students: 2,205
  • # of teachers: 94
4
GreatSchools Rating
 

$503,100$614,900$559,000

PURCHASE PRICE

$1,845$2,255$2,050

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,050
EXPENSES Loan Payment -$1,942
Property Tax -$411
Property Insurance -$78
HOA -$33
Property Management Fees -$99
CASH FLOW
-$512

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.

$559,000

PROJECTED PRICE

$2,050

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.9%
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$10k

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$153,885

INVESTMENT

$153,885

Down Payment
$139,750
Rehab Estimate
$5,750
Closing Costs
$8,385

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,942

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $139,750
Loan Amount $419,250
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$2,508

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
  • $2,013

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7503$1,7954$1,8505$2,150
$2,150
RENT COMPS ANALYSIS
  • 14782 W Luna Circle S Litchfield Park, AZ 1
    • 4 beds 3 baths ∙ 2,606 Sqft ∙ Built 2011 4 beds 3 baths ∙ 2,606 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 15483 W Glenrosa Avenue Goodyear, AZ 2
    • 4 beds 3 baths ∙ 2,443 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,443 Sqft ∙ Built 2007
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.72
    •  
  • 15161 W Campbell Avenue Goodyear, AZ 3
    • 4 beds 2 baths ∙ 2,411 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,411 Sqft ∙ Built 2006
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.74
    •  
  • 4565 N 150th Avenue N Goodyear, AZ 4
    • 3 beds 2 baths ∙ 2,289 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,289 Sqft ∙ Built 2005
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.81
    •  
  • 14717 W Reade Avenue Litchfield Park, AZ 5
    • 3 beds 3 baths ∙ 2,638 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,638 Sqft ∙ Built 2015
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.82
    •  
PROPERTY LISTING DETAILS
Sherron Diane Anastasoff
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6196341
Last Updated: 02/19/2021
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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