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22461 W Woodlands Avenue Buckeye, AZ 85326

4 Beds 2 Baths 1,831 sqft Built 2006

$270,000

List Price

$1,280

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 2006
  • Price/Sqft : $147.46
  • 4 Days on Market
  • MLS # : 6154997
  • Updated Date : 11/06/2020 at 12:45
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,831 sqft
  • Baths : 2 full
Listing Agent

Realty Usa Southwest

Listing Agent's Description

New to Market on 11/05/2020. Completely Remodeled home with an open floorplan. Beautiful 4 bedroom/3 bathrooms with master suite located downstairs for convenience. BRAND NEW Appliances, Quartz countertops, modern kitchen appeal. ALL Bathrooms are renovated to a modern style with new waterproof luxury vinyl flooring. NEW Carpet, interior and exterior paint. LOW maintenance synthetic grass installed in backyard. Quality Samsung laundry washer and dryer. Open loft area upstairs with great space! This upgraded and ready to move in home gives great modern appeal to any family at a great price than newly built homes. Don't miss out. BOOK YOUR APPT. Owner Agent.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sundance

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Sundance

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8011567

* 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
Sundance Elementary School Primary Regular 813 37 3
Sundance Elementary School Middle Regular 813 37 3
Youngker High School High Regular 1,580 67 3

Sundance Elementary School

  • Education Level: Primary
  • # of students: 813
  • # of teachers: 37
3
GreatSchools Rating

Sundance Elementary School

  • Education Level: Middle
  • # of students: 813
  • # of teachers: 37
3
GreatSchools Rating

Youngker High School

  • Education Level: High
  • # of students: 1,580
  • # of teachers: 67
3
GreatSchools Rating
 

$243,000$297,000$270,000

PURCHASE PRICE

$1,152$1,408$1,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,280
EXPENSES Loan Payment -$996
Property Tax -$220
Property Insurance -$63
HOA -$15
Property Management Fees -$99
CASH FLOW
-$113

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.

$270,000

PROJECTED PRICE

$1,280

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,300

INVESTMENT

$77,300

Down Payment
$67,500
Rehab Estimate
$5,750
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,500
Loan Amount $202,500
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$9,270

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,280

    LIST RENT
  • $0.7

    LIST RENT PER SQFT
  • $1,387

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,280
1$1,2802$1,3253$1,3754$1,4005$1,450
$1,450
RENT COMPS ANALYSIS
  • 22461 W Woodlands Avenue Buckeye, AZ 1
    • 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,280
    • $0.70
    •  
  • 233 S 223rd Avenue Buckeye, AZ 2
    • 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 2003
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.72
    •  
  • 22320 W Adams Circle Buckeye, AZ 3
    • 4 beds 3 baths ∙ 1,931 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,931 Sqft ∙ Built 2003
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.71
    •  
  • 182 S 222nd Avenue Buckeye, AZ 4
    • 3 beds 3 baths ∙ 1,726 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,726 Sqft ∙ Built 2004
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.81
    •  
  • 28 N 225th Drive Buckeye, AZ 5
    • 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,831 Sqft ∙ Built 2006
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.79
    •  
PROPERTY LISTING DETAILS
Amitesh Kasera
Realty Usa Southwest
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154997
Last Updated: 11/06/2020
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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