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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $154.67
- 2 Days on Market
- MLS # : 6195948
- Updated Date : 02/20/2021 at 17:36
CONSTRUCTION
- Beds : 3
- Floor Size : 1,681 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
You'll fall in love with this very well maintained 3 bedroom, 2 bathroom home in Buckeye! This wonderful family home features a den that is perfect for an office or game room! Inside, there are arched entryways and a neutral color palette that will compliment all of your furnishings. Your eat-in kitchen showcases ample cabinet space, matching appliances and an island with a breakfast bar. The spacious great room allows you to entertain while preparing family meals. Each of the large bedrooms feature plenty of closet space for the whole family. Your front and back yards offer low maintenance desert landscaping. The AC was recently replaced in 2020! Don't miss out on this fantastic home in the Buckeye School District. Don't miss out on this fantastic family home!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Dove Cove Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Dove Cove Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,490 |
| EXPENSES | Loan Payment | -$903 |
| Property Tax | -$167 | |
| Property Insurance | -$60 | |
| HOA | -$62 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$199
|
||
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.
$260,000
PROJECTED PRICE
$1,490
PROJECTED RENT
0.57%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 9.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$74,650
LOAN DETAILS
$903
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $65,000 |
| Loan Amount | $195,000 |
9.33
YEARS SAVED
$33,422
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,490
LIST RENT -
$0.89
LIST RENT PER SQFT
-
$1,483
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
-
24805 W Dove Trail Buckeye, AZ 3
- 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,490
- $0.89
-
24707 W Dove Lane Buckeye, AZ 1
- 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 2
- 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
-
5867 S 247th Drive Buckeye, AZ 4
- 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 2018
LEASED 11/12/20- Rent
- Rent Per SQFT
- $1,600
- $0.94
-
24866 W Huntington Drive Buckeye, AZ 5
- 3 beds 2 baths ∙ 1,849 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,849 Sqft ∙ Built 2006
LEASED 02/15/21- Rent
- Rent Per SQFT
- $1,700
- $0.92
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6195948
Last Updated: 02/20/2021
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.
