Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

24111 W Hadley Street Buckeye, AZ 85326

4 Beds 2 Baths 2,028 sqft Built 2005

$289,900

List Price

$1,350

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $142.95
  • 2 Days on Market
  • MLS # : 6160481
  • Updated Date : 11/14/2020 at 15:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,028 sqft
  • Baths : 2 full
Listing Agent

Quail Run Realty

Listing Agent's Description

Your next home awaits, but you better get an offer in quickly!!! This home is near the area's elementary school and the area's main shopping zone. Fry's, Walmart, Walgreens, restaurants and more are all nearby. TILE FLOORS; carpet in the bedrooms. Walk-in Closet. Both bathrooms have DUAL SINKS; Upgraded CABINETS and appliances from builder standard. HUGE PATIO for the entertainer in you. Location, location, location!!! HURRY! This one will not last long. Want soft or filtered water? The SOFT WATER LOOP was installed during construction. All you need is the system to attach to it! SOLAR SYSTEM in and connected. SOLAR is leased at $123.96/month. Estimated 4th Year kW output: 11,679 kW.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Acacia Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Acacia Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7971567

* 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
Sundance Elementary School Primary Regular 813 37 3
Sundance Elementary School Middle Regular 813 37 3
Youngker High School High Regular 1,580 67 3

Sundance Elementary School

  • Education Level: Primary
  • # of students: 813
  • # of teachers: 37
3
GreatSchools Rating

Sundance Elementary School

  • Education Level: Middle
  • # of students: 813
  • # of teachers: 37
3
GreatSchools Rating

Youngker High School

  • Education Level: High
  • # of students: 1,580
  • # of teachers: 67
3
GreatSchools Rating
 

$260,910$318,890$289,900

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 -$1,070
Property Tax -$196
Property Insurance -$67
HOA -$63
Property Management Fees -$99
CASH FLOW
-$144

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.

$289,900

PROJECTED PRICE

$1,350

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.6%
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$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$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,070

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$8,373

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,350

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,354

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3503$1,3504$1,3995$1,500
$1,500
RENT COMPS ANALYSIS
  • 24111 W Hadley Street Buckeye, AZ 3
    • 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.67
    •  
  • 978 S 241st Lane Buckeye, AZ 1
    • 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
    •  
  • 24211 W Tonto Street Buckeye, AZ 2
    • 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2005
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.65
    •  
  • 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
Garnett Sailor
Quail Run Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160481
Last Updated: 11/14/2020
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.

BESbswy