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23085 W Hopi Street Buckeye, AZ 85326

4 Beds 2 Baths 2,310 sqft Built 2005

$315,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $136.36
  • 2 Days on Market
  • MLS # : 6155191
  • Updated Date : 11/02/2020 at 15:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,310 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Gorgeous home nested on a corner lot in Buckeye is what you have been looking for! Low maintenance front yard, great curb appeal, 2 car garage, and RV gate is just the beginning. Inside you'll find a very clean & well maintained great room, neutral carpet, tile flooring in high traffic areas, and a spacious family room with sliding doors to back patio. Eat-in kitchen includes stainless steel appliances, staggered nude cabinets w/crown molding, pantry, and island w/breakfast bar. Step into the master suite to discover designer paint, carpet, access to backyard, and full bath with double sinks, jetted tub & walk-in closet. Large backyard is a blank canvas waiting on new owner to add personal touches & transform into the perfect paradise. What are you waiting for? Hurry to call!

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
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$1,162
Property Tax -$257
Property Insurance -$72
HOA -$15
Property Management Fees -$99
CASH FLOW
-$215

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.

$315,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.44%

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$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$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$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,162

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$5,572

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$0
1$0
$0
RENT COMPS ANALYSIS
  • 23085 W Hopi Street Buckeye, AZ
    • 4 beds 2 baths ∙ 2,310 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,310 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
PROPERTY LISTING DETAILS
Oral Keith Judish
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155191
Last Updated: 11/02/2020
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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