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4910 W Apollo Road Laveen, AZ 85339

4 Beds 3 Baths 3,033 sqft Built 2006

$375,000

List Price

$1,720

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $123.64
  • 3 Days on Market
  • MLS # : 6197858
  • Updated Date : 02/26/2021 at 08:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,033 sqft
  • Baths : 3 full
Listing Agent

Emg Real Estate

Listing Agent's Description

Welcome to the beautiful city of Laveen. Walk into your new home through your custom iron door and into the high ceilings formal living and dining room area. This home offers plenty of space including a full size kitchen with breakfast bar, eat-in area, family room, formal dining/ living area, 4 spacious bedrooms, 3 full bathrooms, loft, free & clear water softner, and a laundry room. The oversized master bedroom features a huge walk-in closet, standup shower, seperate bath tub, and big linen closet.Spend your summer entertaining family and friends in your sparkling pebbletech pool. This home also features a custom BBQ island with pavers around pool deck.Schedule your visit now!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rogers Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Rogers Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Betty Fairfax High School High Regular 1,903 104 3
Phoenix Coding Academy High Regular NA
Phoenix Coding Academy High Unknown NA

Betty Fairfax High School

  • Education Level: High
  • # of students: 1,903
  • # of teachers: 104
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
 

$337,500$412,500$375,000

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,720
EXPENSES Loan Payment -$1,303
Property Tax -$335
Property Insurance -$86
HOA -$85
Property Management Fees -$99
CASH FLOW
-$188

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.

$375,000

PROJECTED PRICE

$1,720

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 5.7%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$105,125

INVESTMENT

$105,125

Down Payment
$93,750
Rehab Estimate
$5,750
Closing Costs
$5,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,303

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $93,750
Loan Amount $281,250
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$7,160

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,720

    LIST RENT
  • $0.57

    LIST RENT PER SQFT
  • $1,827

    COMP ESTIMATED VALUE
  • $0.6

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,7003$1,7204$1,7985$2,200
$2,200
RENT COMPS ANALYSIS
  • 4910 W Apollo Road Laveen, AZ 3
    • 4 beds 3 baths ∙ 3,033 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,033 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,720
    • $0.57
    •  
  • 5308 W St Kateri Drive Laveen, AZ 1
    • 5 beds 3 baths ∙ 3,207 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,207 Sqft ∙ Built 2005
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.53
    •  
  • 6805 S 55th Lane Laveen, AZ 2
    • 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 2004
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.55
    •  
  • 5611 W Maldonado Road Laveen, AZ 4
    • 4 beds 3 baths ∙ 3,099 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,099 Sqft ∙ Built 2005
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,798
    • $0.58
    •  
  • 4844 W Leodra Lane Laveen, AZ 5
    • 5 beds 3 baths ∙ 2,949 Sqft ∙ Built 2015 5 beds 3 baths ∙ 2,949 Sqft ∙ Built 2015
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.75
    •  
PROPERTY LISTING DETAILS
Janette Olvera-aviles
Emg Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6197858
Last Updated: 02/26/2021
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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