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24463 W Gregory Road Buckeye, AZ 85326

3 Beds 2 Baths 1,835 sqft Built 2015

$290,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $158.04
  • 3 Days on Market
  • MLS # : 6190571
  • Updated Date : 02/05/2021 at 22:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,835 sqft
  • Baths : 2 full
Listing Agent

Re/max Professionals

Listing Agent's Description

Fantastic opportunity to own this 3bed/2bath plus den/office home available in the desirable Crystal Vista community. This gem features great curb appeal leading into the open concept floorplan with beautiful wood look and tile flooring. Stylish kitchen boasts sleek black appliances, granite counter tops and a plethora of handsome cabinetry. Lovely master retreat includes a private en suite with separate tub and shower. You will love gathering with friends and family in the incredible backyard, complete with a charming paver patio and synthetic grassy area. Great amenities including walking trails, children's playgrounds, picnic areas and Basketball courts. Close to the 10 Freeway, Restaurants and shopping. Don't miss out on this one. It won't last!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Crystal Vista

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Crystal Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7791567

* 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
Buckeye Union High School High Regular 1,373 62 4

Buckeye Union High School

  • Education Level: High
  • # of students: 1,373
  • # of teachers: 62
4
GreatSchools Rating
 

$261,000$319,000$290,000

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$1,007
Property Tax -$207
Property Insurance -$63
HOA -$80
Property Management Fees -$99
CASH FLOW
-$56

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.

$290,000

PROJECTED PRICE

$1,400

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.6%
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-$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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,600

INVESTMENT

$82,600

Down Payment
$72,500
Rehab Estimate
$5,750
Closing Costs
$4,350

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,007

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,500
Loan Amount $217,500
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$11,490

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,400

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,486

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,4003$1,4504$1,4505$1,475
$1,475
RENT COMPS ANALYSIS
  • 24463 W Gregory Road Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,835 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,835 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
  • 24805 W Dove Trail Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.80
    •  
  • 24707 W Dove Lane Buckeye, AZ 3
    • 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2004
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.86
    •  
  • 24755 W Hidalgo Drive Buckeye, AZ 4
    • 3 beds 2 baths ∙ 1,781 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,781 Sqft ∙ Built 2019
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.81
    •  
  • 24517 W Gregory Road Buckeye, AZ 5
    • 4 beds 2 baths ∙ 1,909 Sqft ∙ Built 2009 4 beds 2 baths ∙ 1,909 Sqft ∙ Built 2009
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.77
    •  
PROPERTY LISTING DETAILS
Jake Wright
Re/max Professionals
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190571
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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