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$534,459

Sold
12117 W Luxton Ln, Avondale, AZ 85323
4 Beds
3 Baths
2,352 Square Feet
0.15 Acres Lot
Built in 2023
Sold
Units n/a
Checked: 21 hours ago
Updated: Jun 15, 2025 at 11:41PM

Investment Summary


Monthly Cash Flow
-$948
Cap Rate
3.5%
Cash-on-Cash Return
-9.3%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.0%

Property Description


0.15 Acres Lot
Built in 2023
Sold
Units n/a

MLS#6413206 ~Summer 2023 Completion! This single level Hudson plan boasts an inviting gathering room, a dining room, and a well-appointed kitchen with a useful pantry and a large center island. You'll also appreciate the study and four bedrooms, including an owner's suite with a roomy walk-in closet and private commode with double sinks. The 2-car garage even has an extra storage area. Alamar is a master-planned community covering 1,130 acres with dozens of parks, miles of trails and expanses of recreation space right in your backyard. Structural options added to12117 W Luxton Lane include: Elevation E, gourmet kitchen, garage service door, and extended covered outdoor living.

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Location


Property Details


Parking

  • Description: Dir Entry frm Garage, Electric Door Opener, Separate Strge Area
  • Details: Garage Door Opener, Direct Access
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Tile

HOA

  • Has HOA: Yes
  • Association: DMB
  • HOA Fee: $75/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 50071103
  • Lot Size: 6488 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Contemporary
  • Year Built: 2023

Tax Information

  • Annual Tax: $5,800

Utilities

  • Water & Sewer: Public
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Cooling: ENERGY STAR Qualified Equipment

Location

  • County: Maricopa

Listing Details


Listed by:
Tara M Talley
Taylor Morrison (MLS Only)
(480) 346-1738

Source:
Arizona Regional Multiple Listing Service (ARMLS)
MLS#: 6413206
Arizona Regional Multiple Listing Service (ARMLS)

Investment Summary


Monthly Cash Flow
-$948
Cap Rate
3.5%
Cash-on-Cash Return
-9.3%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.0%

Purchase Details

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Purchase price:
$534,459
Amount financed:
-$427,567
Down payment:
$106,892
Closing costs:
$16,034
Rehab costs:
$0
Initial cash invested:
$122,926
Square feet:
2,352
Cost per square foot:
$227
Monthly rent per square foot:
$1.32

Financing Details

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Loan amount:
$427,567
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,529
Property tax:
$483
Insurance:
$217
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,229

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,100 $37,200
Vacancy loss: (6%)
6% -$186 -$2,232
Operating income:
$2,914 $34,968

Operating Expenses


% Rent Monthly Yearly
Property taxes: (16%)
16%-$483-$5,800
Insurance: (7%)
7%-$217-$2,604
Property management: (8%)
8%-$248-$2,976
Repairs & maintenance: (5%)
5%-$155-$1,860
Capital expenditures: (5%)
5%-$155-$1,860
HOA fees: (2%)
2%-$75-$900
Total operating expenses: (43%)
43%-$1,333-$16,000

Cash Flow


Monthly Yearly
Net operating income:
$1,581 $18,972
Mortgage payments:
-$2,529 -$30,348
Cash flow:
$948 $11,376