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23778 W Atlanta Avenue 
Buckeye, AZ
85326
4 Beds 2 Baths 1,518 sqft
Built 2018
INVESTimate
$245,000
List Price
$70,675
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PROPERTY INFO
FACTS
- Built In 2018
- Price/Sqft : $161.40
- 30 Days on Market
- MLS # : 6108989
- Updated Date : 08/24/2020 at 11:09
CONSTRUCTION
- Beds : 4
- Floor Size : 1,518 sqft
- Baths : 2 full
Listing Agent
Af Realty
Listing Agent's Description
THERE IS A SOLAR PANEL LEASE THAT COULD BE TRANSFER TO A NEW BUYER THE LEASE IS ON THE DOCUMENTS FOR YOUR BUYERS TO VERIFY.
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PRICE & RENT TRENDS
Neighborhood: Sonoran Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sonoran Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,240 |
| EXPENSES | Loan Payment | -$904 |
| Property Tax | -$234 | |
| Property Insurance | -$57 | |
| HOA | -$76 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$130
|
||
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
$1,240
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 4.58% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$70,675
LOAN DETAILS
$904
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $61,250 |
| Loan Amount | $183,750 |
2.58
YEARS SAVED
$5,878
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
-
$1,290
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
-
23778 W Atlanta Avenue Buckeye, 1
- 4 beds 2 baths ∙ 1,518 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,518 Sqft ∙ Built 2018
- Rent
- Rent Per SQFT
- $0
- $0.00
-
23609 W Chipman Road Buckeye, 2
- 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 2012
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,325
- $0.82
-
24029 W Chambers Street Buckeye, 3
- 4 beds 2 baths ∙ 1,569 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,569 Sqft ∙ Built 2008
LEASED 06/12/20- Rent
- Rent Per SQFT
- $1,325
- $0.84
-
5054 S 235 Drive Buckeye, 4
- 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2012
LEASED 02/04/20- Rent
- Rent Per SQFT
- $1,350
- $0.88
-
4984 S Rovey Parkway Buckeye, 5
- 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 2012
LEASED 10/01/19- Rent
- Rent Per SQFT
- $1,400
- $0.86
PROPERTY LISTING DETAILS
Af Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6108989
Last Updated: 08/24/2020
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.
