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21200 E Camacho Road Queen Creek, AZ 85142

3 Beds 3 Baths 2,407 sqft Built 2013

INVESTimate

$448,000

List Price

$1,740

$1,566 - $1,914

Rent Est.

$469,818  ( +4.87%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 2013
  • Price/Sqft : $186.12
  • 7 Days on Market
  • MLS # : 6119628
  • Updated Date : 08/24/2020 at 11:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,407 sqft
  • Baths : 2 full , 1 half
Listing Agent

Roselli Realty

Listing Agent's Description

Beautiful open home on almost 1/4 acre with HOA that allows RVs/ TOYS on this lot!! Split bedroom great room plan with lots of natural light and no carpet. Home has been meticulously maintained. Kitchen has stainless appliances, granite, raised breakfast bar, 42 '' uppers, pantry, RO, dual ovens. Large master suite with spa like bath includes travertine/glass block shower. Secondary bedrooms have a Jack & Jill bath with newer walk in shower/tub unit. North facing back yard with no neighbors behind you includes spa, gas firepit, built in BBQ center and extended concrete pad, plus grass. Room for 2 RVs on the side through the double RV gate with 50 AMP service plus a 3 car extended side entry garage. What else could you ask for??

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Nauvoo Station

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $109k377k

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

Neighborhood: Nauvoo Station

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800Rent in $9891882

* 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
Jack Barnes Elementary School Primary Regular 489 23 10
Queen Creek Middle School Middle Regular 787 33 6
Queen Creek High School High Regular 1,799 73 5

Jack Barnes Elementary School

  • Education Level: Primary
  • # of students: 489
  • # of teachers: 23
10
GreatSchools Rating

Queen Creek Middle School

  • Education Level: Middle
  • # of students: 787
  • # of teachers: 33
6
GreatSchools Rating

Queen Creek High School

  • Education Level: High
  • # of students: 1,799
  • # of teachers: 73
5
GreatSchools Rating
 

$403,200$492,800$448,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$8.0k-$6.0k-$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$200k$400k$600k$800k$1.0M$1.2M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,653
Property Tax -$338
Property Insurance -$74
HOA -$111
Property Management Fees -$99
CASH FLOW
-$535

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.

$448,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.87%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$124,470

INVESTMENT

$124,470

Down Payment
$112,000
Rehab Estimate
$5,750
Closing Costs
$6,720

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,653

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $112,000
Loan Amount $336,000
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$710

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,740

    LIST RENT
  • $0.72

    LIST RENT PER SQFT
  • $1,787

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,6503$1,7404$1,7955$1,799
$1,799
RENT COMPS ANALYSIS
  • 21200 E Camacho Road Queen Creek, 3
    • 3 beds 3 baths ∙ 2,407 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,407 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $1,740
    • $0.72
    •  
  • 21041 E Duncan Street Queen Creek, 1
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 2006
    LEASED 10/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.67
    •  
  • 22218 S 211th Street Queen Creek, 2
    • 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 2006
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.74
    •  
  • 21383 E Alyssa Road Queen Creek, 4
    • 4 beds 3 baths ∙ 2,306 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,306 Sqft ∙ Built 2006
    LEASED 09/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.78
    •  
  • 22182 S 211th Street Queen Creek, 5
    • 4 beds 3 baths ∙ 2,321 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,321 Sqft ∙ Built 2006
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.78
    •  
PROPERTY LISTING DETAILS
Kim C Hallford
Roselli Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6119628
Last Updated: 08/24/2020
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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