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25777 W Miami Street Buckeye, AZ 85326

5 Beds 3 Baths 2,832 sqft Built 2006

$318,640

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 2006
  • Price/Sqft : $112.51
  • 4 Days on Market
  • MLS # : 6151710
  • Updated Date : 11/06/2020 at 22:27
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,832 sqft
  • Baths : 3 full
Listing Agent

West Usa Realty

Listing Agent's Description

Welcome Home! If you're looking for space, this wonderful 5 bedroom, 3 bath home has everything you're looking for. The main floor offers two spacious bedrooms, a full bath, formal living area, laundry room, and large kitchen that opens to the great room. The kitchen has been completely updated with new cabinets, granite, Samsung appliances and fixtures. The main floor has tile throughout, a light and bright color palette, soaring ceiling and tons of natural light. As you walk upstairs, a generous loft greets you along with two spacious bedrooms, a full bath and the Owner's Suite featuring new flooring. Enjoy the sparkling pool with new cool deck and spacious back yard.

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
 

$286,776$350,504$318,640

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$1,176
Property Tax -$293
Property Insurance -$82
HOA -$18
Property Management Fees -$99
CASH FLOW
-$128

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.

$318,640

PROJECTED PRICE

$1,540

PROJECTED RENT

0.48%

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$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$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$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,190

INVESTMENT

$90,190

Down Payment
$79,660
Rehab Estimate
$5,750
Closing Costs
$4,780

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,176

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $79,660
Loan Amount $238,980
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$10,782

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
  • $1,558

    COMP ESTIMATED VALUE
  • $0.55

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4003$1,4254$1,500
$1,500
RENT COMPS ANALYSIS
  • 25777 W Miami Street Buckeye, AZ 1
    • 5 beds 3 baths ∙ 2,832 Sqft ∙ Built 2006 5 beds 3 baths ∙ 2,832 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 25824 W Miami Street Buckeye, AZ 2
    • 5 beds 3 baths ∙ 2,531 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,531 Sqft ∙ Built 2005
    property image
    LEASED 07/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.55
    •  
  • 25550 W Williams Street Buckeye, AZ 3
    • 5 beds 3 baths ∙ 2,485 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,485 Sqft ∙ Built 2005
    property image
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.57
    •  
  • 25759 W Ripple Road Buckeye, AZ 4
    • 4 beds 3 baths ∙ 2,840 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,840 Sqft ∙ Built 2006
    property image
    LEASED 09/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.53
    •  
PROPERTY LISTING DETAILS
Laura Roman
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151710
Last Updated: 11/06/2020
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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