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19142 W Denton Street Litchfield Park, AZ 85340

4 Beds 3 Baths 2,985 sqft Built 2012

$490,500

List Price

$2,240

$2K - $2.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $164.32
  • 6 Days on Market
  • MLS # : 6204745
  • Updated Date : 03/09/2021 at 21:53
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,985 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

Great family home with 4 bedrooms + den & 2.5 baths in 2985 SqFt. Open great room floor plan with lots of windows to capture beautiful mountain & sunset views. The gourmet kitchen has upgraded Beech cabinetry, granite counters, gas cooktop, stainless appliances, island with breakfast bar & casual dining nook with Arcadia doors leading out to the covered patio & backyard. The landscaped backyard has mountain views, lemon tree, firepit, and custom storage shed. Both yards have sprinkler systems. Split bedrooms. The master has a private bath with dual sink vanity, separate tub and tiled shower, & a large walk-in closet. Other: 4 car insulated tandem garage with service door, gated front courtyard, iron accents on front windows, front security door, security system with lights and cameras, **

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Jackrabbit Estates

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $109k377k

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

Neighborhood: Jackrabbit Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10182066

* 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
Verrado Middle School Middle Regular 1,060 42 8
Verrado High School High Regular 1,855 74 4

Verrado Middle School

  • Education Level: Middle
  • # of students: 1,060
  • # of teachers: 42
8
GreatSchools Rating

Verrado High School

  • Education Level: High
  • # of students: 1,855
  • # of teachers: 74
4
GreatSchools Rating
 

$441,450$539,550$490,500

PURCHASE PRICE

$2,016$2,464$2,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,240
EXPENSES Loan Payment -$1,704
Property Tax -$391
Property Insurance -$85
HOA -$147
Property Management Fees -$99
CASH FLOW
-$186

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.

$490,500

PROJECTED PRICE

$2,240

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.7%
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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$135,733

INVESTMENT

$135,733

Down Payment
$122,625
Rehab Estimate
$5,750
Closing Costs
$7,358

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,704

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $122,625
Loan Amount $367,875
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$13,399

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
  • $2,403

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1953$2,2004$2,2005$2,600
$2,600
RENT COMPS ANALYSIS
  • 19142 W Denton Street Litchfield Park, AZ 1
    • 4 beds 3 baths ∙ 2,985 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,985 Sqft ∙ Built 2012
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 19251 W Pasadena Avenue Litchfield Park, AZ 2
    • 3 beds 3 baths ∙ 2,844 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,844 Sqft ∙ Built 2010
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.77
    •  
  • 19320 W Oregon Avenue Litchfield Park, AZ 3
    • 4 beds 3 baths ∙ 2,830 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,830 Sqft ∙ Built 2010
    property image
    LEASED 04/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.78
    •  
  • 18607 W Oregon Avenue Litchfield Park, AZ 4
    • 4 beds 3 baths ∙ 2,691 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,691 Sqft ∙ Built 2013
    property image
    LEASED 08/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.82
    •  
  • 19340 W Pasadena Avenue Litchfield Park, AZ 5
    • 4 beds 4 baths ∙ 3,072 Sqft ∙ Built 2013 4 beds 4 baths ∙ 3,072 Sqft ∙ Built 2013
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.85
    •  
PROPERTY LISTING DETAILS
Beth M Rider
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6204745
Last Updated: 03/09/2021
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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