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4654 E La Puente Avenue Phoenix, AZ 85044

4 Beds 2 Baths 2,010 sqft Built 1979

$450,000

List Price

$1,910

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $223.88
  • 2 Days on Market
  • MLS # : 6179432
  • Updated Date : 01/16/2021 at 19:52
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,010 sqft
  • Baths : 2 full
Listing Agent

United Brokers Group

Listing Agent's Description

Gorgeous Ahwatukee home on a large Cul de Sac lot! This single level home features 4 bedrooms, a beautiful custom closet in the master, granite counters in all baths and kitchen and a gorgeous brand new travertine-decked dark pebble tec solar heated pool!Pride of ownership abounds! Enjoy all new windows, new garage opener, new RV and back yard gates, Water Softener & R/O systems, artificial turf, water heater, Ceiling fans/lights in every bedroom and bidets in the bathrooms!!You will also enjoy the huge RV gate and RV parking area on the side of the home. With no HOA you can actually park your toys there! Showings to begin 1/16/2021.Exterior is being painted and interior photos to come after 1/15/2021!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Desert Foothills Estates

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k358k

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

Neighborhood: Desert Foothills Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9341981

* 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
Kyrene De Las Lomas School Primary Regular 729 40 6
Kyrene Centennial Middle School Middle Regular 1,054 57 7
Mountain Pointe High School High Regular 2,685 111 3

Kyrene De Las Lomas School

  • Education Level: Primary
  • # of students: 729
  • # of teachers: 40
6
GreatSchools Rating

Kyrene Centennial Middle School

  • Education Level: Middle
  • # of students: 1,054
  • # of teachers: 57
7
GreatSchools Rating

Mountain Pointe High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 111
3
GreatSchools Rating
 

$405,000$495,000$450,000

PURCHASE PRICE

$1,719$2,101$1,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$1,563
Property Tax -$320
Property Insurance -$66
Property Management Fees -$99
CASH FLOW
-$139

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.

$450,000

PROJECTED PRICE

$1,910

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.4%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$125,000

INVESTMENT

$125,000

Down Payment
$112,500
Rehab Estimate
$5,750
Closing Costs
$6,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,563

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $112,500
Loan Amount $337,500
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$14,743

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,910

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $2,015

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,8003$1,9104$2,0455$2,195
$2,195
RENT COMPS ANALYSIS
  • 4654 E La Puente Avenue Phoenix, AZ 3
    • 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 1979 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $1,910
    • $0.95
    •  
  • 11202 S Tomah Street Phoenix, AZ 1
    • 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 1978
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.87
    •  
  • 11820 S 44th Street Phoenix, AZ 2
    • 4 beds 2 baths ∙ 1,814 Sqft ∙ Built 1990 4 beds 2 baths ∙ 1,814 Sqft ∙ Built 1990
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.99
    •  
  • 4408 E Kiowa Street Phoenix, AZ 4
    • 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,876 Sqft ∙ Built 1991
    LEASED 06/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,045
    • $1.09
    •  
  • 11649 S 46th Street Phoenix, AZ 5
    • 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 1990 3 beds 2 baths ∙ 2,075 Sqft ∙ Built 1990
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $1.06
    •  
PROPERTY LISTING DETAILS
Annette E. Holmes
United Brokers Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179432
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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