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21011 N Sansom Drive Maricopa, AZ 85138

4 Beds 2 Baths 1,693 sqft Built 2006

$265,000

List Price

$1,230

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $156.53
  • 4 Days on Market
  • MLS # : 6169189
  • Updated Date : 12/11/2020 at 20:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,693 sqft
  • Baths : 2 full
Listing Agent

World Class Properties

Listing Agent's Description

LOCATION LOCATION LOCATIONCorner lot. Located across the street from The Villages HOA Office and amenties!Walking distance to Fry's Marketplace and restaurants, etc.2015 painted outside. 2020 painted inside. Privacy! There is only 1 neighbor on one side! Master suite has double sinks soaking tub and shower as well as a large walk in closet. Split floor plan with master suite at rear and three bedrooms in front. The backyard is like a tropical oasis....professionally landscaped with low voltage lighting, therapeutic hot tub spa, fire pit built into the seat wall, with mature trees. full covered patio across the whole width of the home, 2 ceiling fans and sun shades and also outdoor speakers. Sun screens at every window, Steel security door at front door, Surround system. R/O system.

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
Butterfield Elementary School Primary Regular 760 33 5
Maricopa High School Middle Regular 1,796 70 3
Maricopa High School High Regular 1,796 70 3

Butterfield Elementary School

  • Education Level: Primary
  • # of students: 760
  • # of teachers: 33
5
GreatSchools Rating

Maricopa High School

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

Maricopa High School

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

$238,500$291,500$265,000

PURCHASE PRICE

$1,107$1,353$1,230

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,230
EXPENSES Loan Payment -$978
Property Tax -$257
Property Insurance -$60
HOA -$22
Property Management Fees -$99
CASH FLOW
-$186

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.

$265,000

PROJECTED PRICE

$1,230

PROJECTED RENT

0.46%

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) 8.00%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$75,975

INVESTMENT

$75,975

Down Payment
$66,250
Rehab Estimate
$5,750
Closing Costs
$3,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$978

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $66,250
Loan Amount $198,750
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$4,676

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,230

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $1,359

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,230
1$1,2302$1,2993$1,3504$1,3505$1,500
$1,500
RENT COMPS ANALYSIS
  • 21011 N Sansom Drive Maricopa, AZ 1
    • 4 beds 2 baths ∙ 1,693 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,693 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,230
    • $0.73
    •  
  • 21015 N Alma Drive Maricopa, AZ 2
    • 3 beds 2 baths ∙ 1,629 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,629 Sqft ∙ Built 2004
    property image
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,299
    • $0.80
    •  
  • 21286 N Sunset Drive Maricopa, AZ 3
    • 3 beds 2 baths ∙ 1,690 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,690 Sqft ∙ Built 2006
    property image
    LEASED 01/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.80
    •  
  • 43809 W Sagebrush Trail Maricopa, AZ 4
    • 4 beds 2 baths ∙ 1,671 Sqft ∙ Built 2002 4 beds 2 baths ∙ 1,671 Sqft ∙ Built 2002
    property image
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.81
    •  
  • 43850 W Snow Drive Maricopa, AZ 5
    • 3 beds 2 baths ∙ 1,885 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,885 Sqft ∙ Built 2005
    property image
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.80
    •  
PROPERTY LISTING DETAILS
Kum Ran Han
World Class Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6169189
Last Updated: 12/11/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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