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23213 W Antelope Trail Buckeye, AZ 85326

3 Beds 2 Baths 1,389 sqft Built 2003

$245,000

List Price

$1,280

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $176.39
  • 2 Days on Market
  • MLS # : 6194030
  • Updated Date : 02/13/2021 at 14:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,389 sqft
  • Baths : 2 full
Listing Agent

Quail Run Realty

Listing Agent's Description

First time on the market, three bedroom home in the Sundance Active Adult community. This home has been well cared for and lightly lived in by the original owner. It offers a kitchen with breakfast bar, small island, large pantry, dining area with a view from the front window, to enjoy the beautiful sunsets. Nicely sized living room is open to the kitchen and exits to the patio. The master bedroom has it's own exit to the backyard through french doors out to the covered patio.In addition there are two additional bedrooms and a guest bath. All of the rooms have vaulted ceilings with fans in the three bedrooms, and living room. This community offers a pool, spa and community center as well as a golf course. Very close to shopping, dining and easy access to Interstate 10.

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
Youngker High School High Regular 1,580 67 3

Youngker High School

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

$220,500$269,500$245,000

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 -$851
Property Tax -$200
Property Insurance -$54
HOA -$32
Property Management Fees -$99
CASH FLOW
$45

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.

$245,000

PROJECTED PRICE

$1,280

PROJECTED RENT

0.52%

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$70,675

INVESTMENT

$70,675

Down Payment
$61,250
Rehab Estimate
$5,750
Closing Costs
$3,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$851

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $61,250
Loan Amount $183,750
See What Happens When You Reinvest Cash Flow

6.25

YEARS SAVED

$17,259

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
  • $1,285

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,1753$1,2954$1,3255$1,375
$1,375
RENT COMPS ANALYSIS
  • 23213 W Antelope Trail Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,389 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,389 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 22747 W Pima Street Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,245 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,245 Sqft ∙ Built 2003
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,175
    • $0.94
    •  
  • 23261 W Lasso Lane Buckeye, AZ 3
    • 3 beds 2 baths ∙ 1,443 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,443 Sqft ∙ Built 2005
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.90
    •  
  • 23168 W Arrow Drive Buckeye, AZ 4
    • 3 beds 2 baths ∙ 1,389 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,389 Sqft ∙ Built 2005
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.95
    •  
  • 22805 W Solano Drive Buckeye, AZ 5
    • 4 beds 2 baths ∙ 1,519 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,519 Sqft ∙ Built 2005
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.91
    •  
PROPERTY LISTING DETAILS
Karen Duenas
Quail Run Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6194030
Last Updated: 02/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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