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23668 W Bloch Road Buckeye, AZ 85326

4 Beds 3 Baths 2,050 sqft Built 2013

$284,850

List Price

$1,560

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $138.95
  • 5 Days on Market
  • MLS # : 6177679
  • Updated Date : 01/08/2021 at 17:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,050 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

Beautifully maintained by original owners, this great family home sits on a premium homesite bordering the common area and offers 4 bedrooms & 2.5 baths in 2050 SqFt with separate living/dining and family rooms. The eat-in kitchen has maple cabinetry, stainless appliances, pantry, and island with breakfast bar and additional storage. Sliding doors lead out to the private backyard that features a covered patio, extensive paver patio, artificial turf for kids and pets to play on, and a fun semi-inground pool. All bedrooms are upstairs. The generously-sized master has vaulted ceilings & a private bath with dual sinks, separate tub & shower & walk-in closet. Other features include a charming front porch, oversized 2 car garage with storage racks, AFW water softener, R/O system, & much more! *

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sonoran Vista

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Sonoran Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8271567

* 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
Marionneaux Elementary School Primary Regular NA
Buckeye Union High School High Regular 1,373 62 4

Marionneaux Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Buckeye Union High School

  • Education Level: High
  • # of students: 1,373
  • # of teachers: 62
4
GreatSchools Rating
 

$256,365$313,335$284,850

PURCHASE PRICE

$1,404$1,716$1,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,560
EXPENSES Loan Payment -$989
Property Tax -$272
Property Insurance -$67
HOA -$76
Property Management Fees -$99
CASH FLOW
$57

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.

$284,850

PROJECTED PRICE

$1,560

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 4.6%
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$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$81,235

INVESTMENT

$81,235

Down Payment
$71,213
Rehab Estimate
$5,750
Closing Costs
$4,273

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$989

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $71,213
Loan Amount $213,638
See What Happens When You Reinvest Cash Flow

6

YEARS SAVED

$19,270

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
  • $1,563

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,5004$1,5005$1,600
$1,600
RENT COMPS ANALYSIS
  • 23668 W Bloch Road Buckeye, AZ 1
    • 4 beds 3 baths ∙ 2,050 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,050 Sqft ∙ Built 2013
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4936 S 238th Lane Buckeye, AZ 2
    • 3 beds 2 baths ∙ 2,085 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,085 Sqft ∙ Built 2016
    property image
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.70
    •  
  • 4968 S Rovey Parkway Buckeye, AZ 3
    • 4 beds 3 baths ∙ 1,856 Sqft ∙ Built 2012 4 beds 3 baths ∙ 1,856 Sqft ∙ Built 2012
    property image
    LEASED 05/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.81
    •  
  • 23651 W Corona Avenue Buckeye, AZ 4
    • 4 beds 3 baths ∙ 1,856 Sqft ∙ Built 2012 4 beds 3 baths ∙ 1,856 Sqft ∙ Built 2012
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.81
    •  
  • 23817 W Corona Avenue Buckeye, AZ 5
    • 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,178 Sqft ∙ Built 2012
    property image
    LEASED 10/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.73
    •  
PROPERTY LISTING DETAILS
Beth M Rider
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6177679
Last Updated: 01/08/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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