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5411 W Pecan Road Laveen, AZ 85339

4 Beds 3 Baths 2,462 sqft Built 2006

$310,000

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $125.91
  • 3 Days on Market
  • MLS # : 6170488
  • Updated Date : 12/12/2020 at 21:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,462 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Great two-story has 4 bedrooms, 2.5 baths. Formal living & dining. Carpet & tile in all the right places. Spacious open floor plan for the kitchen, dining and family room. The eat-in kitchen has a plethora of cabinets, gorgeous granite counters, island with breakfast bar seating, SS appliances and a pantry. The family room has a built-in niche for the electronics. Powder room downstairs. Generous sized bedrooms. Large master has beautiful laminate wood floors and a full bath to include a walk-in closet. The backyard has a covered patio and lush lawn for the kids & pets to play! Close to schools, shopping and major freeways. Make this your new home today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: River Walk Villages

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $95k271k

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

Neighborhood: River Walk Villages

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8761567

* 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

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
 

$279,000$341,000$310,000

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$1,144
Property Tax -$277
Property Insurance -$75
HOA -$57
Property Management Fees -$99
CASH FLOW
$8

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.

$310,000

PROJECTED PRICE

$1,660

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$87,900

INVESTMENT

$87,900

Down Payment
$77,500
Rehab Estimate
$5,750
Closing Costs
$4,650

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,144

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $77,500
Loan Amount $232,500
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$21,672

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,660

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,650

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5253$1,5504$1,6605$1,750
$1,750
RENT COMPS ANALYSIS
  • 5411 W Pecan Road Laveen, AZ 4
    • 4 beds 3 baths ∙ 2,462 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,462 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $0.67
    •  
  • 5408 W Fremont Road Laveen, AZ 1
    • 4 beds 3 baths ∙ 2,361 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,361 Sqft ∙ Built 2006
    property image
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.64
    •  
  • 5320 W Glass Lane Laveen, AZ 2
    • 4 beds 3 baths ∙ 2,368 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,368 Sqft ∙ Built 2005
    property image
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.64
    •  
  • 3239 W Jessica Lane Laveen, AZ 3
    • 3 beds 2 baths ∙ 2,165 Sqft ∙ Built 2006 3 beds 2 baths ∙ 2,165 Sqft ∙ Built 2006
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.72
    •  
  • 5110 W Bowker Street Laveen, AZ 5
    • 4 beds 2 baths ∙ 2,578 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,578 Sqft ∙ Built 2005
    property image
    LEASED 04/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.68
    •  
PROPERTY LISTING DETAILS
Nancy Ofelia Munoz Quiroz
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170488
Last Updated: 12/12/2020
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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