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20478 W Daniel Place Buckeye, AZ 85396

5 Beds 4 Baths 3,875 sqft Built 2005

$689,000

List Price

$3,160

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $177.81
  • 3 Days on Market
  • MLS # : 6196928
  • Updated Date : 02/26/2021 at 22:21
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,875 sqft
  • Baths : 3 full , 1 half
Listing Agent

3rd Base Realty Group Llc

Listing Agent's Description

Location, views, & pride of ownership. Enjoy beautiful mountain & city light views from this well maintained home. Located in the heart of the Main Street District, just streets away from parks & close to all of the amenities . If you love the outdoors you will love the backyard pool, the courtyard and at the front the porch & balcony. This home is very private with no neighbors behind you & single level homes on either side. Inside you will find lots of room with a bedroom & full bath downstairs as well as a large office. Upstairs you will find 4 more bedrooms & a loft which is a great place for classes & homework.This is a beautiful well maintained home with all of the amenities of Verrado including parks, playgrounds, workout center, sport courts, golf & dining.

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 Middle School Middle Regular 1,060 42 8
Verrado High School High Regular 1,855 74 4

Verrado Middle School

  • Education Level: Middle
  • # of students: 1,060
  • # of teachers: 42
8
GreatSchools Rating

Verrado High School

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

$620,100$757,900$689,000

PURCHASE PRICE

$2,844$3,476$3,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,160
EXPENSES Loan Payment -$2,393
Property Tax -$640
Property Insurance -$103
HOA -$113
Property Management Fees -$99
CASH FLOW
-$188

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.

$689,000

PROJECTED PRICE

$3,160

PROJECTED RENT

0.46%

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$188,335

INVESTMENT

$188,335

Down Payment
$172,250
Rehab Estimate
$5,750
Closing Costs
$10,335

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,393

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $172,250
Loan Amount $516,750
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$21,054

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
  • $3,681

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9403$2,9954$4,0005$4,000
$4,000
RENT COMPS ANALYSIS
  • 20478 W Daniel Place Buckeye, AZ 1
    • 5 beds 4 baths ∙ 3,875 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,875 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3779 N Denny Way Buckeye, AZ 2
    • 5 beds 3 baths ∙ 3,781 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,781 Sqft ∙ Built 2005
    LEASED 12/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,940
    • $0.78
    •  
  • 3727 N Springfield Street Buckeye, AZ 3
    • 5 beds 4 baths ∙ 3,615 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,615 Sqft ∙ Built 2005
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $0.83
    •  
  • 2742 N Black Rock Road Buckeye, AZ 4
    • 5 beds 4 baths ∙ 3,603 Sqft ∙ Built 2015 5 beds 4 baths ∙ 3,603 Sqft ∙ Built 2015
    LEASED 08/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.11
    •  
  • 3183 N Summer Street Buckeye, AZ 5
    • 5 beds 4 baths ∙ 3,717 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,717 Sqft ∙ Built 2007
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.08
    •  
PROPERTY LISTING DETAILS
Amy Hayslett
3rd Base Realty Group Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6196928
Last Updated: 02/26/2021
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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