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23949 W Hadley Street Buckeye, AZ 85326

5 Beds 3 Baths 2,154 sqft Built 2004

$299,900

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $139.23
  • 3 Days on Market
  • MLS # : 6189992
  • Updated Date : 02/05/2021 at 00:37
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,154 sqft
  • Baths : 2 full , 1 half
Listing Agent

Gentry Real Estate

Listing Agent's Description

Welcome home! Completely remodeled, newer build home in Sundance! This home is equipped with tile flooring downstairs, brand new granite counters throughout, new carpet, stainless appliances, fresh landscaping, light fixtures, paint and much, much more. 5TH bedroom downstairs could be easily used as office or den! Save money on your average utility bill with solar! This will go QUICK, come see today! ** GUEST BATH SHOWER HANDLE WILL BE REPLACED BEFORE COE **** ALL OFFERS TO BE REVIEWED BY 2 PM MONDAY 2/8 **

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
 

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

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 -$1,042
Property Tax -$244
Property Insurance -$69
HOA -$63
Property Management Fees -$99
CASH FLOW
-$127

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

$1,390

PROJECTED RENT

0.46%

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

3.08

YEARS SAVED

$7,396

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,390

    LIST RENT
  • $0.65

    LIST RENT PER SQFT
  • $1,422

    COMP ESTIMATED VALUE
  • $0.66

    COMP AVG. RENT PER SQFT
Comps Range
$1,335
1$1,3352$1,3503$1,3904$1,3995$1,500
$1,500
RENT COMPS ANALYSIS
  • 23949 W Hadley Street Buckeye, AZ 3
    • 5 beds 3 baths ∙ 2,154 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,154 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.65
    •  
  • 23803 W Tonto Street Buckeye, AZ 1
    • 4 beds 3 baths ∙ 2,154 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,154 Sqft ∙ Built 2004
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,335
    • $0.62
    •  
  • 978 S 241st Lane Buckeye, AZ 2
    • 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 2005
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.62
    •  
  • 24172 W Desert Bloom Street Buckeye, AZ 4
    • 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $0.68
    •  
  • 890 S 241st Lane Buckeye, AZ 5
    • 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.72
    •  
PROPERTY LISTING DETAILS
Grant Smith
Gentry Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6189992
Last Updated: 02/05/2021
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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