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PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $172.81
- 2 Days on Market
- MLS # : 6194091
- Updated Date : 02/13/2021 at 20:52
CONSTRUCTION
- Beds : 4
- Floor Size : 2,170 sqft
- Baths : 3 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Look no further! You've found the home of your dreams! Located in Buckeye, this fabulous 4 bed, 3 bath property boasts charming curb appeal with low maintenance landscaping, a 2 car garage, and much more! Step inside and you'll find a beautiful open floor plan, a fabulous kitchen equipped with ample cabinetry, Spacious kitchen island with quartz countertops, a pantry with great storage, tile backsplash, stainless steel appliances, and a lovely breakfast nook. You'll love the elegant master bedroom, which includes a spacious walk-in closet, separate his and hers vanities, and a subway tile walk in shower. This home has a large backyard with a covered patio, and tons of potential for customizing it any way you can imagine, this home simply has it all! Schedule a showing before it's gone!
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PRICE & RENT TRENDS
Neighborhood: Blue Horizons
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Blue Horizons
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,940 |
| EXPENSES | Loan Payment | -$1,303 |
| Property Tax | -$254 | |
| Property Insurance | -$69 | |
| HOA | -$84 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$131
|
||
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.
$375,000
PROJECTED PRICE
$1,940
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.5% |
| 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
$101,375
LOAN DETAILS
$1,303
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $93,750 |
| Loan Amount | $281,250 |
7.42
YEARS SAVED
$35,322
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,940
LIST RENT -
$0.89
LIST RENT PER SQFT
-
$1,915
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
-
19819 W Buchanan Street Buckeye, AZ 3
- 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2020
- Rent
- Rent Per SQFT
- $1,940
- $0.89
-
19728 W Madison Street Buckeye, AZ 1
- 4 beds 3 baths ∙ 2,027 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,027 Sqft ∙ Built 2019
LEASED 04/10/20- Rent
- Rent Per SQFT
- $1,550
- $0.76
-
19428 W Monroe Street Buckeye, AZ 2
- 3 beds 3 baths ∙ 2,019 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,019 Sqft ∙ Built 2008
LEASED 11/07/20- Rent
- Rent Per SQFT
- $1,800
- $0.89
-
19928 W Buchanan Street Buckeye, AZ 4
- 4 beds 3 baths ∙ 2,172 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,172 Sqft ∙ Built 2020
LEASED 09/30/20- Rent
- Rent Per SQFT
- $2,050
- $0.94
-
19949 W Harrison Street Buckeye, AZ 5
- 4 beds 3 baths ∙ 2,172 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,172 Sqft ∙ Built 2020
LEASED 08/06/20- Rent
- Rent Per SQFT
- $2,050
- $0.94
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6194091
Last Updated: 02/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
