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PROPERTY INFO
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.
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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 | $1,310 |
| 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
| 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
$74,385
LOAN DETAILS
$956
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $64,750 |
| Loan Amount | $194,250 |
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
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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
Keller Williams Realty Professional Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160557
Last Updated: 11/14/2020
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.
