Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

21371 W Monte Vista Road Buckeye, AZ 85396

4 Beds 2 Baths 1,795 sqft Built 2018

$300,000

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $167.13
  • 2 Days on Market
  • MLS # : 6184963
  • Updated Date : 01/24/2021 at 01:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,795 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

What an amazing opportunity in desirable Buckeye! This dreamy, single level property has everything you have been looking for in a home. Starting with great curb appeal and easy care gravel landscaping. Step inside this beauty to find a highly upgraded open-floor plan complete with so much natural light, living and dining are with a gorgeous chandelier, and 4 roomy bedrooms. Become the best home chef in this spotless kitchen offering high-end appliances, granite counter-tops, recessed lighting, pantry, and an island with breakfast bar. Inside this bright master bedroom, you will find a lavish bathroom with a generous walk-in closet. Enjoy your gatherings in this beautiful grassy backyard with pavers, covered patio, and lots of privacy perfect for your gatherings. Look no more!

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
 

$270,000$330,000$300,000

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$1,042
Property Tax -$233
Property Insurance -$62
HOA -$91
Property Management Fees -$99
CASH FLOW
$173

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.

$300,000

PROJECTED PRICE

$1,700

PROJECTED RENT

0.57%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

8.25

YEARS SAVED

$32,719

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,692

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,6953$1,7004$1,7505$1,795
$1,795
RENT COMPS ANALYSIS
  • 21371 W Monte Vista Road Buckeye, AZ 3
    • 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.95
    •  
  • 21214 W Palm Lane Buckeye, AZ 1
    • 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2018
    LEASED 04/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.89
    •  
  • 21368 W Monte Vista Road Buckeye, AZ 2
    • 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,795 Sqft ∙ Built 2018
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.94
    •  
  • 1960 N 214th Drive Buckeye, AZ 4
    • 4 beds 2 baths ∙ 1,868 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,868 Sqft ∙ Built 2018
    LEASED 01/13/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.94
    •  
  • 21354 W Monte Vista Road Buckeye, AZ 5
    • 4 beds 2 baths ∙ 1,797 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,797 Sqft ∙ Built 2018
    LEASED 10/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.00
    •  
PROPERTY LISTING DETAILS
Martin C Sears
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184963
Last Updated: 01/24/2021
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.

BESbswy