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25726 W Ripple Road Buckeye, AZ 85326

4 Beds 2 Baths 1,868 sqft Built 2006

$279,077

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $149.40
  • 3 Days on Market
  • MLS # : 6167525
  • Updated Date : 12/04/2020 at 13:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,868 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Affordable 4Br 2Ba home in newer Westpark Buckeye neighborhood for sale! Beautifully landscaped community with close access to shopping and freeway. Large luxurious private pool in backyard to enjoy. Home newly painted! Great opportunity to buy a rental property with tenant already in place - approximately 7 months still left on lease.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Westpark

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Westpark

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8311567

* 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
Westpark Elementary School Primary Regular 741 38 5
Westpark Elementary School Middle Regular 741 38 5
Youngker High School High Regular 1,580 67 3

Westpark Elementary School

  • Education Level: Primary
  • # of students: 741
  • # of teachers: 38
5
GreatSchools Rating

Westpark Elementary School

  • Education Level: Middle
  • # of students: 741
  • # of teachers: 38
5
GreatSchools Rating

Youngker High School

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

$251,169$306,985$279,077

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$1,030
Property Tax -$262
Property Insurance -$64
HOA -$18
Property Management Fees -$99
CASH FLOW
-$163

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.

$279,077

PROJECTED PRICE

$1,310

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.4%
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-$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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,705

INVESTMENT

$79,705

Down Payment
$69,769
Rehab Estimate
$5,750
Closing Costs
$4,186

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,030

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $69,769
Loan Amount $209,308
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$6,326

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
  • $1,396

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2953$1,3754$1,4005$1,450
$1,450
RENT COMPS ANALYSIS
  • 25726 W Ripple Road Buckeye, AZ 1
    • 4 beds 2 baths ∙ 1,868 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,868 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 25753 W Kendall Street Buckeye, AZ 2
    • 4 beds 2 baths ∙ 1,598 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,598 Sqft ∙ Built 2005
    LEASED 05/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.81
    •  
  • 2115 S 257th Drive Buckeye, AZ 3
    • 3 beds 3 baths ∙ 1,984 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,984 Sqft ∙ Built 2006
    LEASED 08/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.69
    •  
  • 25552 W Primrose Lane Buckeye, AZ 4
    • 4 beds 2 baths ∙ 1,913 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,913 Sqft ∙ Built 2005
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.73
    •  
  • 25781 W Dunlap Road Buckeye, AZ 5
    • 4 beds 2 baths ∙ 1,909 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,909 Sqft ∙ Built 2004
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.76
    •  
PROPERTY LISTING DETAILS
Raymond Johnson
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167525
Last Updated: 12/04/2020
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.

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