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21056 W Sage Hill Road Buckeye, AZ 85396

5 Beds 4 Baths 3,673 sqft Built 2007

$649,000

List Price

$2,670

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $176.69
  • 2 Days on Market
  • MLS # : 6194051
  • Updated Date : 02/13/2021 at 15:50
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,673 sqft
  • Baths : 3 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

Top Rated Master Planned Community of Verrado Pool home in A Rated Litchfield School District with Mountain views! Home has open view fence with no neighbors behind. 4 new Air Condition Units. This home has been upgraded with wood floors, base boards, fresh paint and a beautiful white kitchen. The backyard features built-in BBQ grill & bar, pool with waterfall and new turf. Home is facing north. Home features a private interior courtyard off the dining room. This floorpan offers multiple office and home schooling options. Living room with Vaulted 2-story Ceiling. Upstairs features large master suite with walk-in tile shower, soaker tub, dual vanity granite counters. Loft & 3 additional bedrooms & bath. 1st floor guest room. Verrado offers 2 community pools, gym, 78 parks & 2 golf cours

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
 

$584,100$713,900$649,000

PURCHASE PRICE

$2,403$2,937$2,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,670
EXPENSES Loan Payment -$2,254
Property Tax -$616
Property Insurance -$99
HOA -$113
Property Management Fees -$99
CASH FLOW
-$511

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.

$649,000

PROJECTED PRICE

$2,670

PROJECTED RENT

0.41%

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$1.8M

PROJECTED ANNUAL CASH FLOW

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

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$177,735

INVESTMENT

$177,735

Down Payment
$162,250
Rehab Estimate
$5,750
Closing Costs
$9,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,254

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $162,250
Loan Amount $486,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$3,949

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,670

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $2,743

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$2,150
1$2,1502$2,6703$2,9404$2,995
$2,995
RENT COMPS ANALYSIS
  • 21056 W Sage Hill Road Buckeye, AZ 2
    • 5 beds 4 baths ∙ 3,673 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,673 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $2,670
    • $0.73
    •  
  • 21289 W Glen Street Buckeye, AZ 1
    • 5 beds 4 baths ∙ 3,399 Sqft ∙ Built 2013 5 beds 4 baths ∙ 3,399 Sqft ∙ Built 2013
    LEASED 10/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.63
    •  
  • 3779 N Denny Way Buckeye, AZ 3
    • 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 4
    • 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
    •  
PROPERTY LISTING DETAILS
Tiffany Topie
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6194051
Last Updated: 02/13/2021
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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