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21151 W Almeria Road Buckeye, AZ 85396

4 Beds 4 Baths 3,098 sqft Built 2017

$399,900

List Price

$1,910

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $129.08
  • 3 Days on Market
  • MLS # : 6160052
  • Updated Date : 11/13/2020 at 12:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,098 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

Great location! Borders a common area in the back and on one side! Large home with 4 bedrooms, separate den/office, formal dining, open kitchen with additional dining, large island, stainless steel appliance, double ovens and more. Spacious family room downstairs, plus another open area upstairs which is perfect for a game/media room! All bedrooms have walk in closets. Large convenient upstairs laundry room with sink & closet for additional storage. Beautiful slab tile in all the right places! Backyard has extended patio, grass area and mature landscaping. Plenty of room for pool if needed. Located just minutes from beautiful downtown Verrado which offers a clubhouse, pool, spa gym, which is included in the HOA fees!!. Just minutes to the I-10 for easy access to the Valley.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sienna Hills

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $101k324k

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

Neighborhood: Sienna Hills

ZipNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8631734

* 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
Tartesso Elementary School Primary Regular 377 6
Tartesso Elementary School Middle Regular 377 6
Tonopah Valley High School High Regular 378 19 2

Tartesso Elementary School

  • Education Level: Primary
  • # of students: 377
  • # of teachers:
6
GreatSchools Rating

Tartesso Elementary School

  • Education Level: Middle
  • # of students: 377
  • # of teachers:
6
GreatSchools Rating

Tonopah Valley High School

  • Education Level: High
  • # of students: 378
  • # of teachers: 19
2
GreatSchools Rating
 

$359,910$439,890$399,900

PURCHASE PRICE

$1,719$2,101$1,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$1,475
Property Tax -$308
Property Insurance -$88
HOA -$91
Property Management Fees -$99
CASH FLOW
-$151

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.

$399,900

PROJECTED PRICE

$1,910

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 2.5%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$14,655

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
  • $2,045

    COMP ESTIMATED VALUE
  • $0.66

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7503$1,8754$2,2005$2,200
$2,200
RENT COMPS ANALYSIS
  • 21151 W Almeria Road Buckeye, AZ 1
    • 4 beds 4 baths ∙ 3,098 Sqft ∙ Built 2017 4 beds 4 baths ∙ 3,098 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2065 N 213th Drive Buckeye, AZ 2
    • 4 beds 3 baths ∙ 2,908 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,908 Sqft ∙ Built 2017
    property image
    LEASED 07/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.60
    •  
  • 2247 N Riley Road Buckeye, AZ 3
    • 4 beds 4 baths ∙ 2,955 Sqft ∙ Built 2017 4 beds 4 baths ∙ 2,955 Sqft ∙ Built 2017
    property image
    LEASED 10/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.63
    •  
  • 2527 N Delaney Drive Buckeye, AZ 4
    • 5 beds 4 baths ∙ 3,274 Sqft ∙ Built 2013 5 beds 4 baths ∙ 3,274 Sqft ∙ Built 2013
    property image
    LEASED 07/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.67
    •  
  • 2849 N Heritage Street Buckeye, AZ 5
    • 4 beds 4 baths ∙ 2,975 Sqft ∙ Built 2008 4 beds 4 baths ∙ 2,975 Sqft ∙ Built 2008
    property image
    LEASED 11/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.74
    •  
PROPERTY LISTING DETAILS
Phyllis Giordano
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160052
Last Updated: 11/13/2020
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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