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23923 W Antelope Trail Buckeye, AZ 85326

3 Beds 2 Baths 1,681 sqft Built 2003

$299,900

List Price

$1,360

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $178.41
  • 2 Days on Market
  • MLS # : 6205019
  • Updated Date : 03/14/2021 at 01:33
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,681 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

PRIVATE LOCATION DESERT ON ONE SIDE & BEHIND. $30K IN OWNED SOLAR SAVES TONS OF $$. NICELY UPGRADED THROUGHOUT WITHIN THE PAST 8 YRS. NO CARPET--20'' HIGH END TILE & UPGRADED WOOD LAM, 100% RENNOVATED KITCHEN INC 42'' STAGGERED CHERRY CABS,STAINLESS APPLNCS INC FRIDGE, VERY HIGH END QUARTZ COUNTERS W/TUMBLED BACKSPLASH,BOTH BATHS HAVE GRANITE VANITIES, NEW FIXTURES,HARDWARE,LIGHTING THRUOUT.EXTRA HOA-APPROVED PARKING PAD FOR 3RD CAR, DOUBLE GATE TO FULL CONCRETE SIDE YARD. LUSH GREEN BACKYARD LANDSCAPING. NEWER FULL EXT & INT PAINT. SHOWS LIKE A MODEL-NICEST HOME IN NEIGHBORHOOD. 1 YR HOME WARRANTY INCLUDED

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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
 

$269,910$329,890$299,900

PURCHASE PRICE

$1,224$1,496$1,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,360
EXPENSES Loan Payment -$1,042
Property Tax -$244
Property Insurance -$60
HOA -$16
Property Management Fees -$99
CASH FLOW
-$101

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.

$299,900

PROJECTED PRICE

$1,360

PROJECTED RENT

0.45%

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-$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$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$9,437

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
  • $1,479

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,4004$1,4505$1,700
$1,700
RENT COMPS ANALYSIS
  • 23923 W Antelope Trail Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 24133 W Tonto Street Buckeye, AZ 2
    • 4 beds 2 baths ∙ 1,657 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,657 Sqft ∙ Built 2006
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.78
    •  
  • 1102 S 242nd Lane Buckeye, AZ 3
    • 3 beds 2 baths ∙ 1,572 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,572 Sqft ∙ Built 2005
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.89
    •  
  • 23886 W Antelope Trail Buckeye, AZ 4
    • 4 beds 2 baths ∙ 1,535 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,535 Sqft ∙ Built 2004
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
  • 23561 W Mohave Street Buckeye, AZ 5
    • 4 beds 3 baths ∙ 1,878 Sqft ∙ Built 2012 4 beds 3 baths ∙ 1,878 Sqft ∙ Built 2012
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.91
    •  
PROPERTY LISTING DETAILS
Sharon Vincent
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6205019
Last Updated: 03/14/2021
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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