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24008 W Pecan Road Buckeye, AZ 85326

4 Beds 3 Baths 2,015 sqft Built 2008

$275,000

List Price

$1,350

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $136.48
  • 3 Days on Market
  • MLS # : 6202626
  • Updated Date : 03/06/2021 at 17:49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,015 sqft
  • Baths : 2 full , 1 half
Listing Agent

Big Door Realty, Llc

Listing Agent's Description

Welcome Home to your 2,015 SqFt, 4 Bedroom 2.5 bath 2008 D R Horton Home. This House is ready for your love and personal touches. This spacious split floor plan offers a large family room, dining room and kitchen. Upstairs you'll enjoy how the floor plan divides the Master Bedroom from the other three rooms, enjoying a high roof in the Master bedroom. Schedule your appointment today to make this your Home.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Riata West

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Riata West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7311567

* 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
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,215$1,485$1,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,350
EXPENSES Loan Payment -$955
Property Tax -$182
Property Insurance -$66
HOA -$60
Property Management Fees -$99
CASH FLOW
-$13

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.

$275,000

PROJECTED PRICE

$1,350

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.7%
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$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$955

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

5.08

YEARS SAVED

$14,197

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
  • $1,476

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2953$1,4504$1,4955$1,600
$1,600
RENT COMPS ANALYSIS
  • 24008 W Pecan Road Buckeye, AZ 1
    • 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 23982 W Huntington Drive Buckeye, AZ 2
    • 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.64
    •  
  • 4936 S 238th Lane Buckeye, AZ 3
    • 3 beds 2 baths ∙ 2,085 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,085 Sqft ∙ Built 2016
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.70
    •  
  • 23807 W Grove Street Buckeye, AZ 4
    • 4 beds 2 baths ∙ 1,861 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,861 Sqft ∙ Built 2008
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.80
    •  
  • 5962 S 240th Drive Buckeye, AZ 5
    • 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008
    LEASED 10/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.79
    •  
PROPERTY LISTING DETAILS
Mayra Garcia Acosta
Big Door Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202626
Last Updated: 03/06/2021
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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