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20268 N Valencia Drive Maricopa, AZ 85138

3 Beds 2 Baths 1,368 sqft Built 2020

$275,130

List Price

$1,100

$990 - $1.2K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $201.12
  • 2 Days on Market
  • MLS # : 6184571
  • Updated Date : 01/23/2021 at 08:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,368 sqft
  • Baths : 2 full
Listing Agent

Drh Properties Inc

Listing Agent's Description

Now Selling. Brand new Homes 8000 sq ft LOTWOW! INCLUDES AMAZING UPGRADES AT A FANTASTIC VALUE. 3 BED PLUS 2 BATH SMARTHOME TECHNOLOGY WIFI T STAT PROGRAMMABLE DOORLOCK TOUCH SCREEN SMART PANEL FOR 2 CAMERAS AMAZON ECHO AND DOT,EIFI GARARGE DOOR OPENER GRANITE , BLINDS 20' TILE. FRONT AND BACK LANDSCAPE. GRANITE

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k282k

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

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
Santa Cruz Elementary School Primary Regular 453 21 5
Desert Wind Middle School Middle Regular 414 20 4
Maricopa High School High Regular 1,796 70 3

Santa Cruz Elementary School

  • Education Level: Primary
  • # of students: 453
  • # of teachers: 21
5
GreatSchools Rating

Desert Wind Middle School

  • Education Level: Middle
  • # of students: 414
  • # of teachers: 20
4
GreatSchools Rating

Maricopa High School

  • Education Level: High
  • # of students: 1,796
  • # of teachers: 70
3
GreatSchools Rating
 

$247,617$302,643$275,130

PURCHASE PRICE

$990$1,210$1,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,100
EXPENSES Loan Payment -$956
Property Tax -$257
Property Insurance -$54
HOA -$71
Property Management Fees -$99
CASH FLOW
-$337

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.

$275,130

PROJECTED PRICE

$1,100

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 3.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,909

INVESTMENT

$74,909

Down Payment
$68,783
Rehab Estimate
$2,000
Closing Costs
$4,127

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$956

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,783
Loan Amount $206,348
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$157

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,100

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,049

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,2493$1,3004$1,325
$1,325
RENT COMPS ANALYSIS
  • 20268 N Valencia Drive Maricopa, AZ 1
    • 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2020 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.80
    •  
  • 36496 W Pampoloma Avenue Maricopa, AZ 2
    • 4 beds 2 baths ∙ 1,673 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,673 Sqft ∙ Built 2006
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,249
    • $0.75
    •  
  • 36508 W Montserrat Street Maricopa, AZ 3
    • 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 2019
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.76
    •  
  • 17902 N Pietra Road Maricopa, AZ 4
    • 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 2019
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.79
    •  
PROPERTY LISTING DETAILS
Cyndi Brand
Drh Properties Inc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184571
Last Updated: 01/23/2021
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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