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19263 E Estrella Road Queen Creek, AZ 85142

5 Beds 4 Baths 3,813 sqft Built 2011

$599,900

List Price

$2,710

$2.5K - $3K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $157.33
  • 2 Days on Market
  • MLS # : 6173085
  • Updated Date : 12/18/2020 at 22:38
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,813 sqft
  • Baths : 4 full
Listing Agent

Keller Williams Realty Sonoran Living

Listing Agent's Description

Stunning single level home, offering over 3,800 SF and mother-in-law suite! Enter into the spacious formal living/dining room with vaulted ceilings and plantation shutters throughout. Impress in the chef's kitchen, featuring stainless steel appliances, huge center island & breakfast bar, gas stovetop, butler's pantry, and tons of storage! Elegant master suite boasts separate shower/tub, dual vanities, and walk-in closet. Situated on an oversized 14,000+ SF lot, the backyard is a blank slate to truly make your own! Amazing location! Less than 10 minutes to Trilogy Golf Club, shopping, and dining. Less than 15 minutes to the Loop 202 FWY and Arizona State University - Polytechnic Campus.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Lucia

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $122k505k

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

Neighborhood: Lucia

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400Rent in $9912586

* 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
Desert Mountain Elementary School Primary Regular 481 20 9
Newell Barney Junior High School Middle Regular 785 35 7
Queen Creek High School High Regular 1,799 73 5

Desert Mountain Elementary School

  • Education Level: Primary
  • # of students: 481
  • # of teachers: 20
9
GreatSchools Rating

Newell Barney Junior High School

  • Education Level: Middle
  • # of students: 785
  • # of teachers: 35
7
GreatSchools Rating

Queen Creek High School

  • Education Level: High
  • # of students: 1,799
  • # of teachers: 73
5
GreatSchools Rating
 

$539,910$659,890$599,900

PURCHASE PRICE

$2,439$2,981$2,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,710
EXPENSES Loan Payment -$2,213
Property Tax -$437
Property Insurance -$101
HOA -$130
Property Management Fees -$99
CASH FLOW
-$271

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.

$599,900

PROJECTED PRICE

$2,710

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,724

INVESTMENT

$164,724

Down Payment
$149,975
Rehab Estimate
$5,750
Closing Costs
$8,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,213

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,975
Loan Amount $449,925
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$17,210

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
  • $2,660

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,4504$2,6995$3,000
$3,000
RENT COMPS ANALYSIS
  • 19263 E Estrella Road Queen Creek, AZ 1
    • 5 beds 4 baths ∙ 3,813 Sqft ∙ Built 2011 5 beds 4 baths ∙ 3,813 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 18642 E Purple Sage Drive Queen Creek, AZ 2
    • 4 beds 3 baths ∙ 3,705 Sqft ∙ Built 2002 4 beds 3 baths ∙ 3,705 Sqft ∙ Built 2002
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.62
    •  
  • 21807 S 185th Street Queen Creek, AZ 3
    • 4 beds 4 baths ∙ 3,713 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,713 Sqft ∙ Built 2004
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.66
    •  
  • 18560 E Strawberry Drive Queen Creek, AZ 4
    • 5 beds 3 baths ∙ 3,800 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,800 Sqft ∙ Built 2005
    LEASED 06/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,699
    • $0.71
    •  
  • 23490 S 201st Street Queen Creek, AZ 5
    • 4 beds 5 baths ∙ 3,769 Sqft ∙ Built 2004 4 beds 5 baths ∙ 3,769 Sqft ∙ Built 2004
    LEASED 09/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.80
    •  
PROPERTY LISTING DETAILS
Mark Captain
Keller Williams Realty Sonoran Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6173085
Last Updated: 12/18/2020
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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