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PROPERTY INFO
FACTS
- Single Family
- Built In 2019
- Price/Sqft : $167.82
- 3 Days on Market
- MLS # : 6163048
- Updated Date : 11/20/2020 at 13:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,877 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Look no further! You've found the home you longed for! Located in Buckeye, this 3 bed, 2 bath property boasts low maintenance front landscaping along with a 2 car garage rear entry garage and much, much more! Inside you will find an open floor plan, a cozy loft, and designer paint throughout. The fabulous kitchen is equipped with everything you need for home cooking, ample cabinetry, a pantry, granite countertops, stainless steel appliances, and a lovely breakfast bar. The beautiful master bedroom features a spacious walk-in closet and a private bath with double sinks, ideal for couples. Also including a cozy backyard patio perfect for kicking back and relaxing after a hard day's work, this home simply has it all! Schedule a showing before it's gone!
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PRICE & RENT TRENDS
Neighborhood: Sienna Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sienna Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,740 |
| EXPENSES | Loan Payment | -$1,162 |
| Property Tax | -$293 | |
| Property Insurance | -$64 | |
| HOA | -$133 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$10
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$315,000
PROJECTED PRICE
$1,740
PROJECTED RENT
0.55%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 2.5% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$85,475
LOAN DETAILS
$1,162
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $78,750 |
| Loan Amount | $236,250 |
5.08
YEARS SAVED
$19,314
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,740
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,755
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
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1646 N 208th Avenue Buckeye, AZ 3
- 3 beds 2 baths ∙ 1,877 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,877 Sqft ∙ Built 2019
- Rent
- Rent Per SQFT
- $1,740
- $0.93
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20978 W Coronado Road Buckeye, AZ 1
- 4 beds 2 baths ∙ 1,787 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,787 Sqft ∙ Built 2018
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,550
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-
2296 N Alsap Road Buckeye, AZ 2
- 3 beds 3 baths ∙ 1,908 Sqft ∙ Built 2011 3 beds 3 baths ∙ 1,908 Sqft ∙ Built 2011
LEASED 12/07/19- Rent
- Rent Per SQFT
- $1,700
- $0.89
-
1704 N 208th Avenue Buckeye, AZ 4
- 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 2018 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 2018
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,800
- $0.96
-
20521 W Carlton Manor -- Buckeye, AZ 5
- 3 beds 2 baths ∙ 2,058 Sqft ∙ Built 2014 3 beds 2 baths ∙ 2,058 Sqft ∙ Built 2014
LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,099
- $1.02
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6163048
Last Updated: 11/20/2020
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.
