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6004 S 43rd Drive Laveen, AZ 85339

3 Beds 2 Baths 1,465 sqft Built 2005

$269,000

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $183.62
  • 4 Days on Market
  • MLS # : 6177753
  • Updated Date : 01/09/2021 at 01:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,465 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

You will simply love this fantastic cul de sac home. Immaculate clean from ceiling to floor, move-in ready, and with an oversized lot. There is an open floor plan with beautiful tile or wood flooring through all the main living & walking areas. Your new amazing kitchen offers beautiful oak cabinetry, appliances, pantry, and island. Neutral color paint throughout. Ceiling fans in the bedrooms. The master suite has a large bedding area and the bath has garden tub, separate shower, and a walk in closet. Huge back yard with covered patio and all the room you need to entertain, relax, or even add a future swimming pool. Don't miss out on this great opportunity. Hurry & come take a look before it's gone.

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

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
 

$242,100$295,900$269,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$934
Property Tax -$240
Property Insurance -$56
HOA -$45
Property Management Fees -$99
CASH FLOW
$36

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.

$269,000

PROJECTED PRICE

$1,410

PROJECTED RENT

0.52%

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$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$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$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,035

INVESTMENT

$77,035

Down Payment
$67,250
Rehab Estimate
$5,750
Closing Costs
$4,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$934

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,250
Loan Amount $201,750
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$17,324

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,249

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2953$1,3504$1,3905$1,425
$1,425
RENT COMPS ANALYSIS
  • 6004 S 43rd Drive Laveen, AZ 1
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3811 W Sunland Avenue Phoenix, AZ 2
    • 4 beds 2 baths ∙ 1,511 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,511 Sqft ∙ Built 2000
    property image
    LEASED 09/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.86
    •  
  • 7011 S 38th Drive Phoenix, AZ 3
    • 3 beds 3 baths ∙ 1,568 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,568 Sqft ∙ Built 2004
    property image
    LEASED 01/04/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.86
    •  
  • 5004 W Shumway Farm Road Laveen, AZ 4
    • 4 beds 2 baths ∙ 1,634 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,634 Sqft ∙ Built 2006
    property image
    LEASED 10/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.85
    •  
  • 7210 S 46th Drive Laveen, AZ 5
    • 3 beds 2 baths ∙ 1,687 Sqft ∙ Built 2010 3 beds 2 baths ∙ 1,687 Sqft ∙ Built 2010
    property image
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.84
    •  
PROPERTY LISTING DETAILS
Francisco J Mendoza
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6177753
Last Updated: 01/09/2021
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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