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4221 W Valley View Drive Laveen, AZ 85339

3 Beds 2 Baths 1,982 sqft Built 2017

$355,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $179.11
  • 4 Days on Market
  • MLS # : 6211638
  • Updated Date : 03/27/2021 at 18:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,982 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

Nearly new, beautiful 3-bedroom with den, 2 baths, 3 car garage. Home in mint condition! Great open floor plan with enormous great room, kitchen combination and dining area. Upgraded cabinetry in kitchen with oversized granite center island. Light and bright oversized master suite with walk-in closet and lots of windows. Master bathroom offers his and her vanities and walk in shower, absolutely stunning! A must see!

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
 

$319,500$390,500$355,000

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$1,233
Property Tax -$317
Property Insurance -$66
HOA -$96
Property Management Fees -$99
CASH FLOW
-$411

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.

$355,000

PROJECTED PRICE

$1,400

PROJECTED RENT

0.39%

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

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$99,825

INVESTMENT

$99,825

Down Payment
$88,750
Rehab Estimate
$5,750
Closing Costs
$5,325

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,233

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $88,750
Loan Amount $266,250
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$271

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,400

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $1,516

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,3953$1,4004$1,4005$1,575
$1,575
RENT COMPS ANALYSIS
  • 4221 W Valley View Drive Laveen, AZ 4
    • 3 beds 2 baths ∙ 1,982 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,982 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.71
    •  
  • 8205 S 45th Lane Laveen, AZ 1
    • 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2004
    LEASED 01/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.71
    •  
  • 4112 W Allen Street Laveen, AZ 2
    • 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
    •  
  • 4621 W Melody Drive Laveen, AZ 3
    • 4 beds 2 baths ∙ 1,763 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,763 Sqft ∙ Built 2003
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.79
    •  
  • 4128 W Gary Way Laveen, AZ 5
    • 3 beds 2 baths ∙ 1,954 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,954 Sqft ∙ Built 2016
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.81
    •  
PROPERTY LISTING DETAILS
Rosio Robison
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6211638
Last Updated: 03/27/2021
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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