Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

20442 W Valley View Drive Buckeye, AZ 85396

5 Beds 4 Baths 3,697 sqft Built 2019

$580,000

List Price

$2,710

$2.5K - $3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $156.88
  • 3 Days on Market
  • MLS # : 6209353
  • Updated Date : 03/20/2021 at 01:50
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,697 sqft
  • Baths : 3 full , 1 half
Listing Agent

Delex Realty

Listing Agent's Description

BEAUTIFUL 2-year-old AV (now Taylor Morrison) gently lived in home in the highly sought after planned community of Verrado. Features 2-tone paint, Plank style tile throughout all main areas, upgraded Berber in the bedrooms and game room. On the main floor, you will find a gorgeous kitchen with huge island and granite countertops, modern Bronze cabinets, stainless appliances, butler pantry and breakfast eating area with slider to back patio. Also on the main floor is the formal dining area, office/den, half bath, laundry, and huge master suite with separate vanities, walk-in shower, soaking tub and walk-in closet.Upstairs is the Whitney model upgrade of a spacious game room surrounded by four additional bedrooms. Two of the bedrooms share a Jack n Jill bathroom with double vanity

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Verrado

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $101k367k

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

Neighborhood: Verrado

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600170018001900Rent in $8631981

* 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
Verrado High School High Regular 1,855 74 4

Verrado High School

  • Education Level: High
  • # of students: 1,855
  • # of teachers: 74
4
GreatSchools Rating
 

$522,000$638,000$580,000

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 -$2,015
Property Tax -$539
Property Insurance -$99
HOA -$113
Property Management Fees -$99
CASH FLOW
-$154

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.

$580,000

PROJECTED PRICE

$2,710

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.4%
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$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$159,450

INVESTMENT

$159,450

Down Payment
$145,000
Rehab Estimate
$5,750
Closing Costs
$8,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,015

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $145,000
Loan Amount $435,000
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$17,752

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,710

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $3,722

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$2,710
1$2,7102$2,9953$4,0004$4,000
$4,000
RENT COMPS ANALYSIS
  • 20442 W Valley View Drive Buckeye, AZ 1
    • 5 beds 4 baths ∙ 3,697 Sqft ∙ Built 2019 5 beds 4 baths ∙ 3,697 Sqft ∙ Built 2019
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,710
    • $0.73
    •  
  • 3727 N Springfield Street Buckeye, AZ 2
    • 5 beds 4 baths ∙ 3,615 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,615 Sqft ∙ Built 2005
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $0.83
    •  
  • 2742 N Black Rock Road Buckeye, AZ 3
    • 5 beds 4 baths ∙ 3,603 Sqft ∙ Built 2015 5 beds 4 baths ∙ 3,603 Sqft ∙ Built 2015
    property image
    LEASED 08/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.11
    •  
  • 3183 N Summer Street Buckeye, AZ 4
    • 5 beds 4 baths ∙ 3,717 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,717 Sqft ∙ Built 2007
    property image
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.08
    •  
PROPERTY LISTING DETAILS
Janice Trujillo
Delex Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209353
Last Updated: 03/20/2021
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.

BESbswy