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PROPERTY INFO
FACTS
- Built In 2004
- Price/Sqft : $147.75
- 5 Days on Market
- MLS # : 6154293
- Updated Date : 10/30/2020 at 20:15
CONSTRUCTION
- Beds : 4
- Floor Size : 2,639 sqft
- Baths : 2 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
Come and see this gorgeous 4 bed, 2.5 bath property now for sale in Buckeye! Featuring desert landscaping with a 3 car garage, RV gate, and much more, you simply won't believe your eyes! The lavish interior boasts formal dining and living areas, a cozy den, and neutral paint throughout. The fabulous kitchen is equipped with everything you need for home cooking, ample cabinetry, a pantry, granite countertops, high-end appliances, and an island complete with a breakfast bar. The spacious master bedroom will leave you speechless, with its spacious walk-in closet and full bath with double sinks, not to mention separate tub and shower. Finally, the stunning backyard includes a covered patio and a refreshing pool perfect for the warm summer days! Schedule a showing today!
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PRICE & RENT TRENDS
Neighborhood: Sundance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sundance
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,540 |
| EXPENSES | Loan Payment | -$1,439 |
| Property Tax | -$281 | |
| Property Insurance | -$79 | |
| HOA | -$14 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$371
|
||
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.
$389,900
PROJECTED PRICE
$1,540
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$109,074
LOAN DETAILS
$1,439
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $97,475 |
| Loan Amount | $292,425 |
1.33
YEARS SAVED
$2,823
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,540
LIST RENT -
$0.58
LIST RENT PER SQFT
-
$1,478
COMP ESTIMATED VALUE -
$0.56
COMP AVG. RENT PER SQFT
Comps Range
-
22212 W Gardenia Drive Buckeye, AZ 5
- 4 beds 3 baths ∙ 2,639 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,639 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $1,540
- $0.58
-
1339 S 222nd Drive Buckeye, AZ 1
- 4 beds 3 baths ∙ 2,375 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,375 Sqft ∙ Built 2005
LEASED 05/31/19- Rent
- Rent Per SQFT
- $1,295
- $0.55
-
21844 W Pima Street Buckeye, AZ 2
- 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2006
LEASED 09/01/19- Rent
- Rent Per SQFT
- $1,350
- $0.55
-
21835 W Cocopah Street Buckeye, AZ 3
- 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2006
LEASED 06/12/20- Rent
- Rent Per SQFT
- $1,400
- $0.57
-
21827 W Cocopah Street Buckeye, AZ 4
- 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,469 Sqft ∙ Built 2006
LEASED 06/12/20- Rent
- Rent Per SQFT
- $1,400
- $0.57
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6154293
Last Updated: 10/30/2020
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.
