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25939 W Tonopah Drive Buckeye, AZ 85396

3 Beds 2 Baths 1,766 sqft Built 2017

$350,712

List Price

$1,440

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $198.59
  • 9 Days on Market
  • MLS # : 6190791
  • Updated Date : 02/10/2021 at 03:26
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,766 sqft
  • Baths : 2 full
Listing Agent

Iannelli And Associates

Listing Agent's Description

Lovely, 3 bedroom 2 bath home with large walled backyard for family entertaining, large extended patio with custom pavers. Upgraded tile throughout, with carpet in all the right places. Granite and stainless steel kitchen with cabinet pullouts. Owner suite with highly upgraded walking shower! This is a must see home!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Festival Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $97k271k

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

Neighborhood: Festival Foothills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8631567

* 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
Wickenburg High School High Regular 657 30 4

Wickenburg High School

  • Education Level: High
  • # of students: 657
  • # of teachers: 30
4
GreatSchools Rating
 

$315,641$385,783$350,712

PURCHASE PRICE

$1,296$1,584$1,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,440
EXPENSES Loan Payment -$1,218
Property Tax -$285
Property Insurance -$62
HOA -$33
Property Management Fees -$99
CASH FLOW
-$257

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$350,712

PROJECTED PRICE

$1,440

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$98,689

INVESTMENT

$98,689

Down Payment
$87,678
Rehab Estimate
$5,750
Closing Costs
$5,261

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,218

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,678
Loan Amount $263,034
See What Happens When You Reinvest Cash Flow

1.83

YEARS SAVED

$4,083

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,440

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $1,510

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,440
1$1,4402$1,4993$1,525
$1,525
RENT COMPS ANALYSIS
  • 25939 W Tonopah Drive Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,440
    • $0.82
    •  
  • 26001 W Sequoia Drive Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 2017
    LEASED 05/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.85
    •  
  • 26145 W Piute Avenue Buckeye, AZ 3
    • 4 beds 2 baths ∙ 1,776 Sqft ∙ Built 2009 4 beds 2 baths ∙ 1,776 Sqft ∙ Built 2009
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.86
    •  
PROPERTY LISTING DETAILS
Melissa Landa
Iannelli And Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190791
Last Updated: 02/10/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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