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19941 W Grant Street Buckeye, AZ 85326

3 Beds 3 Baths 1,895 sqft Built 2016

$350,000

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $184.70
  • 4 Days on Market
  • MLS # : 6190527
  • Updated Date : 02/12/2021 at 16:40
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,895 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Immaculate, Model Perfect, Split Floorplan, Ugraded Home in Lovely Blue Horizons. Chef will create Culinary Treasures with Thor Gas Stove in your Designer Kitchen with Quartz, Staggered Cabinets, Gently used Appliances. Extensive Plank Tile., Dolby Surround Speakers wired with Speaker Terminal System, Ceiling Fans, Nest . Flex room: Game room, Den or Virtual Office/ Virtual School. Newly Landscaped Beautiful Backyard. Lovely Neighborhood Parks. You couldn't build for this Price! Conveniently located just south of I10 and close to loop 303, Nearby Goodyear: Shopping, Medical, Employment: Amazon,Microsoft, Boeing . Nearby Golf & Lovely Wigwam Resort! Vacation living at Home! This home has it all! Make this your Wonderful Year Round Home or Winter Retreat in the Valley of the Sun.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Blue Horizons

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $96k271k

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

Neighborhood: Blue Horizons

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8181567

* 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
Youngker High School High Regular 1,580 67 3

Youngker High School

  • Education Level: High
  • # of students: 1,580
  • # of teachers: 67
3
GreatSchools Rating
 

$315,000$385,000$350,000

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,216
Property Tax -$235
Property Insurance -$64
HOA -$81
Property Management Fees -$99
CASH FLOW
-$55

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$350,000

PROJECTED PRICE

$1,640

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,500

INVESTMENT

$98,500

Down Payment
$87,500
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,216

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,500
Loan Amount $262,500
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$15,637

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
  • $1,876

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7993$1,9504$1,9505$1,950
$1,950
RENT COMPS ANALYSIS
  • 19941 W Grant Street Buckeye, AZ 1
    • 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2016 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 20164 W Sherman Street Buckeye, AZ 2
    • 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2018
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.99
    •  
  • 385 S 202nd Drive Buckeye, AZ 3
    • 4 beds 3 baths ∙ 1,968 Sqft ∙ Built 2020 4 beds 3 baths ∙ 1,968 Sqft ∙ Built 2020
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.99
    •  
  • 20261 W Harrison Street Buckeye, AZ 4
    • 4 beds 3 baths ∙ 1,968 Sqft ∙ Built 2020 4 beds 3 baths ∙ 1,968 Sqft ∙ Built 2020
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.99
    •  
  • 20244 W Buchanan Street Buckeye, AZ 5
    • 4 beds 3 baths ∙ 1,968 Sqft ∙ Built 2020 4 beds 3 baths ∙ 1,968 Sqft ∙ Built 2020
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.99
    •  
PROPERTY LISTING DETAILS
Diana Eklund
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190527
Last Updated: 02/12/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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