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

24935 W Dove Trail Buckeye, AZ 85326

3 Beds 2 Baths 1,338 sqft Built 2004

$248,888

List Price

$1,110

$999 - $1.2K

Rent Est.

PROPERTY INFO

October 28, 2020 RECENTLY ADDED
FACTS
  • Built In 2004
  • Price/Sqft : $186.01
  • 7 Days on Market
  • MLS # : 6152903
  • Updated Date : 10/28/2020 at 11:36
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,338 sqft
  • Baths : 2 full
Listing Agent

Varsity Realty

Listing Agent's Description

Drive into this beautiful neighborhood with well kept greenbelts. One of these beautiful greenbelts is at the corner of the street. Your kids will have a nice green large are to play. Inviting 3 bedroom 2 bath home. BRAND NEW CARPETING.Kitchen open to great room and easy access to backyard patio so entertaining is fun and easy with this floor plan. Good sized work space in tandem garage includes a large corner work bench and shelving. Easy access to shopping and restaurants. You will want to see this and call this your next HOME SWEET HOME.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Dove Cove Estates

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $74k271k

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

Neighborhood: Dove Cove Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7331567

* 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
Steven R. Jasinski Elementary School Primary Regular 926 42 4
Steven R. Jasinski Elementary School Middle Regular 926 42 4
Buckeye Union High School High Regular 1,373 62 4

Steven R. Jasinski Elementary School

  • Education Level: Primary
  • # of students: 926
  • # of teachers: 42
4
GreatSchools Rating

Steven R. Jasinski Elementary School

  • Education Level: Middle
  • # of students: 926
  • # of teachers: 42
4
GreatSchools Rating

Buckeye Union High School

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

$223,999$273,777$248,888

PURCHASE PRICE

$999$1,221$1,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,110
EXPENSES Loan Payment -$918
Property Tax -$160
Property Insurance -$53
HOA -$60
Property Management Fees -$99
CASH FLOW
-$180

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.

$248,888

PROJECTED PRICE

$1,110

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$71,705

INVESTMENT

$71,705

Down Payment
$62,222
Rehab Estimate
$5,750
Closing Costs
$3,733

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$918

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $62,222
Loan Amount $186,666
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$4,085

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,110

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,171

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,075
1$1,0752$1,1103$1,3004$1,3505$1,450
$1,450
RENT COMPS ANALYSIS
  • 24935 W Dove Trail Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,338 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,338 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,110
    • $0.83
    •  
  • 83 W 5th Avenue W Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,238 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,238 Sqft ∙ Built 2004
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,075
    • $0.87
    •  
  • 24755 W Dove Trail Buckeye, AZ 3
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2005
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.90
    •  
  • 24620 W Mobile Lane Buckeye, AZ 4
    • 3 beds 2 baths ∙ 1,552 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,552 Sqft ∙ Built 2016
    LEASED 04/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.87
    •  
  • 24707 W Dove Lane Buckeye, AZ 5
    • 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
    •  
PROPERTY LISTING DETAILS
Debi Lyn Mccreary
Varsity Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6152903
Last Updated: 10/28/2020
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