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13008 S 193rd Avenue Buckeye, AZ 85326

3 Beds 2 Baths 1,545 sqft Built 2006

$390,000

List Price

$1,570

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $252.43
  • 3 Days on Market
  • MLS # : 6166683
  • Updated Date : 01/01/2021 at 08:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,545 sqft
  • Baths : 2 full
Listing Agent

Hague Partners

Listing Agent's Description

72 HOUR HOME SALE!!! Stunning retreat on 1.25+ acre horse property with amazing mountain views from the backyard and plenty of riding trails. Features 5 covered horse stalls, tack room, 7 corral bays total +3 turn-outs. Clean move-in ready condition. A brand new roof and a rebuilt A/C unit mean your buyers won't have to lift a finger. Modern home with a split floor plan, tile flooring throughout with carpet only in bedrooms. The kitchen features stainless steel appliances. Master has a double vanity, garden tub with a separate shower, and a private exit to the covered patio. A brand new fully fenced front and back, large shade trees, RV pad with 220v connection, and sewer clean-out drain. Shared well serves 4 homes and is a bargain at only $35/month. No HOA provides privacy and freedom!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85326

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Zip Code: 85326

ZipNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7831567

* 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
Rainbow Valley Elementary School Primary Regular 644 33 4
Rainbow Valley Elementary School Middle Regular 644 33 4
Estrella Foothills High School High Regular 1,037 43 5

Rainbow Valley Elementary School

  • Education Level: Primary
  • # of students: 644
  • # of teachers: 33
4
GreatSchools Rating

Rainbow Valley Elementary School

  • Education Level: Middle
  • # of students: 644
  • # of teachers: 33
4
GreatSchools Rating

Estrella Foothills High School

  • Education Level: High
  • # of students: 1,037
  • # of teachers: 43
5
GreatSchools Rating
 

$351,000$429,000$390,000

PURCHASE PRICE

$1,413$1,727$1,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,570
EXPENSES Loan Payment -$1,439
Property Tax -$241
Property Insurance -$57
Property Management Fees -$99
CASH FLOW
-$266

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.

$390,000

PROJECTED PRICE

$1,570

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.6%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

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$109,100

INVESTMENT

$109,100

Down Payment
$97,500
Rehab Estimate
$5,750
Closing Costs
$5,850

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,439

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $97,500
Loan Amount $292,500
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$7,798

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,570

    LIST RENT
  • $1.02

    LIST RENT PER SQFT
  • $1,442

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5703$1,6954$1,800
$1,800
RENT COMPS ANALYSIS
  • 13008 S 193rd Avenue Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,545 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,570
    • $1.02
    •  
  • 18107 W San Alejandro Drive Goodyear, AZ 1
    • 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 1994
    property image
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
  • 13483 S 186th Drive Goodyear, AZ 3
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006
    property image
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.91
    •  
  • 18526 W Desert Trumpet Road Goodyear, AZ 4
    • 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.95
    •  
PROPERTY LISTING DETAILS
Joshua Williams
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6166683
Last Updated: 01/01/2021
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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