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22653 W Yavapai Street Buckeye, AZ 85326

3 Beds 2 Baths 1,725 sqft Built 2004

$259,000

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $150.14
  • 2 Days on Market
  • MLS # : 6160557
  • Updated Date : 11/14/2020 at 15:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,725 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

STUNNINGLY WELL KEPT! This incredible 3 Bedroom, 2 bathroom & 2 Car Garage showcases a private corner lot with an Open Floor Plan, Vaulted Ceilings, Lease Solar Panels, HVAC Unit replaced in 2016, Newer Carpet, Stainless Steel Appliances, Granite Counter Tops, Large Master Bedroom with Large Walk-In Closets, Exterior recently Repainted, Water Heater replaced 2014 & a Huge covered patio. You will love the spacious low maintenance backyard. In addition, the wonderful warm colors will make this property fill just like home. Notice that the CFD is paid in FULL! Close to i-10 Hwy, Shopping, Restaurants, Schools, Entertainment & Golfing. You will love it.

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
Inca Elementary School Primary Regular 740 37 3
Inca Elementary School Middle Regular 740 37 3
Youngker High School High Regular 1,580 67 3

Inca Elementary School

  • Education Level: Primary
  • # of students: 740
  • # of teachers: 37
3
GreatSchools Rating

Inca Elementary School

  • Education Level: Middle
  • # of students: 740
  • # of teachers: 37
3
GreatSchools Rating

Youngker High School

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

$233,100$284,900$259,000

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$956
Property Tax -$211
Property Insurance -$61
HOA -$14
Property Management Fees -$99
CASH FLOW
-$30

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.

$259,000

PROJECTED PRICE

$1,310

PROJECTED RENT

0.51%

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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,385

INVESTMENT

$74,385

Down Payment
$64,750
Rehab Estimate
$5,750
Closing Costs
$3,885

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$956

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,750
Loan Amount $194,250
See What Happens When You Reinvest Cash Flow

4.92

YEARS SAVED

$15,077

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,310

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,315

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,2953$1,2954$1,3105$1,445
$1,445
RENT COMPS ANALYSIS
  • 22653 W Yavapai Street Buckeye, AZ 4
    • 3 beds 2 baths ∙ 1,725 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,725 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $0.76
    •  
  • 1361 S 225th Lane Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.73
    •  
  • 22631 W Mohave Street Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.76
    •  
  • 22556 W Papago Street Buckeye, AZ 3
    • 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2004
    LEASED 06/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.76
    •  
  • 1454 S 228th Lane Buckeye, AZ 5
    • 3 beds 3 baths ∙ 1,811 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,811 Sqft ∙ Built 2003
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,445
    • $0.80
    •  
PROPERTY LISTING DETAILS
Fred Delgado
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160557
Last Updated: 11/14/2020
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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