Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4118 W Valley View Drive Laveen, AZ 85339

3 Beds 3 Baths 2,173 sqft Built 2008

$343,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $157.85
  • 2 Days on Market
  • MLS # : 6192272
  • Updated Date : 02/13/2021 at 08:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,173 sqft
  • Baths : 2 full , 1 half
Listing Agent

Long Realty The Fox Group

Listing Agent's Description

Amazing corner lot home in Montana Vista, beautiful mountain views!!! This home features 3 bedrooms,2.5 bath, 2 car garage with extended length driveway, formal living room, family & dining rooms, open custom kitchen with tons of storage! Upgraded cabinets & huge kitchen island, all tile flooring downstairs, big loft area with custom cabinets/computer desk built-ins! Huge master suite with French doors to your own private balcony! Home is wired for 5.2 surround sound, R/O system with newer 6 gallon tank, water softener, newer water heater, newer garage door opener, smart telecom box in mater closet! Close to shopping, schools & just minutes from Red Mountain Freeway! Don't miss out on this one!!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Montana Vista

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $83k292k

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

Neighborhood: Montana Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8601567

* 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
Cesar Chavez High School High Regular 2,575 131 3
Phoenix Coding Academy High Regular NA
Phoenix Coding Academy High Unknown NA

Cesar Chavez High School

  • Education Level: High
  • # of students: 2,575
  • # of teachers: 131
3
GreatSchools Rating

Phoenix Coding Academy

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Phoenix Coding Academy

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$308,700$377,300$343,000

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,191
Property Tax -$306
Property Insurance -$70
HOA -$96
Property Management Fees -$99
CASH FLOW
-$242

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.

$343,000

PROJECTED PRICE

$1,520

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 10.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$96,645

INVESTMENT

$96,645

Down Payment
$85,750
Rehab Estimate
$5,750
Closing Costs
$5,145

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,191

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $85,750
Loan Amount $257,250
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$3,362

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,520

    LIST RENT
  • $0.7

    LIST RENT PER SQFT
  • $1,613

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,5203$1,5954$1,6255$1,900
$1,900
RENT COMPS ANALYSIS
  • 4118 W Valley View Drive Laveen, AZ 2
    • 3 beds 3 baths ∙ 2,173 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,173 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $1,520
    • $0.70
    •  
  • 4112 W Allen Street Laveen, AZ 1
    • 3 beds 3 baths ∙ 1,857 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,857 Sqft ∙ Built 2008
    LEASED 11/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.75
    •  
  • 7430 S 40th Lane Phoenix, AZ 3
    • 3 beds 3 baths ∙ 2,321 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,321 Sqft ∙ Built 2001
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.69
    •  
  • 4042 W Pollack Street Phoenix, AZ 4
    • 3 beds 3 baths ∙ 2,093 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,093 Sqft ∙ Built 2001
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.78
    •  
  • 4120 W Gary Way Laveen, AZ 5
    • 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 2016
    LEASED 02/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.75
    •  
PROPERTY LISTING DETAILS
Khalid Osman
Long Realty The Fox Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6192272
Last Updated: 02/13/2021
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.

BESbswy