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20925 W White Rock Road Buckeye, AZ 85396

3 Beds 3 Baths 2,516 sqft Built 2015

$415,000

List Price

$1,870

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $164.94
  • 2 Days on Market
  • MLS # : 6206847
  • Updated Date : 03/13/2021 at 16:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,516 sqft
  • Baths : 3 full
Listing Agent

Long Realty West Valley

Listing Agent's Description

TOUR THIS HOME WITHOUT LEAVING YOURS! No need to wait for a new build! Located in highly sought after Verrado, this home has it all! Gourmet kitchen is a modern chef's delight, complete with oversized island featuring breathtaking granite countertops, stainless steel appliances, gas range, self-closing drawers, and ample pantry. Just past the upstairs laundry room and fun loft space, you'll find a ginormous bedroom with sitting area. Grand master bathroom offers a spa-like retreat with snail shower, dual vanities and spacious walk-in closet. Three-car garage with bonus (rare) driveway! Enjoy unforgettable moments and spectacular sunsets in your backyard boasting covered patio and dog run! Solar panels and more! Community amenities galore! Hurry, his one won't last!

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
 

$373,500$456,500$415,000

PURCHASE PRICE

$1,683$2,057$1,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,870
EXPENSES Loan Payment -$1,441
Property Tax -$385
Property Insurance -$76
HOA -$113
Property Management Fees -$99
CASH FLOW
-$245

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.

$415,000

PROJECTED PRICE

$1,870

PROJECTED RENT

0.45%

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

PROJECTED ANNUAL CASH FLOW

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

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$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$5,323

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
  • $2,095

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8003$1,9504$2,0755$2,175
$2,175
RENT COMPS ANALYSIS
  • 20925 W White Rock Road Buckeye, AZ 1
    • 3 beds 3 baths ∙ 2,516 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,516 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2664 N Heritage Street Buckeye, AZ 2
    • 3 beds 3 baths ∙ 2,212 Sqft ∙ Built 2014 3 beds 3 baths ∙ 2,212 Sqft ∙ Built 2014
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.81
    •  
  • 2368 N Valley View Drive Buckeye, AZ 3
    • 4 beds 3 baths ∙ 2,327 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,327 Sqft ∙ Built 2013
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.84
    •  
  • 2903 N Clanton Street Buckeye, AZ 4
    • 4 beds 3 baths ∙ 2,514 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,514 Sqft ∙ Built 2017
    LEASED 11/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,075
    • $0.83
    •  
  • 20734 W Delaney Drive Buckeye, AZ 5
    • 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 2013
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,175
    • $0.85
    •  
PROPERTY LISTING DETAILS
Lanel Vanderwerf
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6206847
Last Updated: 03/13/2021
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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