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25861 W St Catherine Avenue Buckeye, AZ 85326

4 Beds 3 Baths 1,781 sqft Built 2006

$260,000

List Price

$1,380

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $145.99
  • 2 Days on Market
  • MLS # : 6173158
  • Updated Date : 12/19/2020 at 11:06
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,781 sqft
  • Baths : 3 full
Listing Agent

Exp Realty

Listing Agent's Description

Beautiful & spacious home in Buckeye! Open floor plan and vaulted ceilings; this one has all the exterior space with large backyard and also plenty of interior room with four bedrooms and three full baths. Master bath has double sinks plus double walk in closets! Theres plenty of storage cabinets as well, with a closet at the entrance and another storage space under the stairs and plenty of built in storage space upstairs. First floor was recently painted in 2019 and the carpet all throughout the home to be replaced with brand new carpet prior to move in. It will feel like a brand new home! Come see this one today!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sunset Vista

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $80k271k

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

Neighborhood: Sunset Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7051567

* 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
Bales Elementary School Primary Regular 848 39 4
Bales Elementary School Middle Regular 848 39 4
Buckeye Union High School High Regular 1,373 62 4

Bales Elementary School

  • Education Level: Primary
  • # of students: 848
  • # of teachers: 39
4
GreatSchools Rating

Bales Elementary School

  • Education Level: Middle
  • # of students: 848
  • # of teachers: 39
4
GreatSchools Rating

Buckeye Union High School

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

$234,000$286,000$260,000

PURCHASE PRICE

$1,242$1,518$1,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,380
EXPENSES Loan Payment -$959
Property Tax -$167
Property Insurance -$62
HOA -$52
Property Management Fees -$99
CASH FLOW
$41

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

$1,380

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.7%
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$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

6.33

YEARS SAVED

$21,960

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,380

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,309

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,3003$1,3004$1,3755$1,380
$1,380
RENT COMPS ANALYSIS
  • 25861 W St Catherine Avenue Buckeye, AZ 5
    • 4 beds 3 baths ∙ 1,781 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,781 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,380
    • $0.77
    •  
  • 25645 W St Catherine Avenue Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,862 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,862 Sqft ∙ Built 2006
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.70
    •  
  • 7348 S Morning Dew Lane Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2005
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.79
    •  
  • 25696 W St Catherine Avenue Buckeye, AZ 3
    • 3 beds 3 baths ∙ 1,781 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,781 Sqft ∙ Built 2005
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.73
    •  
  • 25839 W Nancy Lane Buckeye, AZ 4
    • 3 beds 2 baths ∙ 1,899 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,899 Sqft ∙ Built 2005
    LEASED 01/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.72
    •  
PROPERTY LISTING DETAILS
Elda Baltierrez
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6173158
Last Updated: 12/19/2020
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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