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26019 W Marco Polo Road Buckeye, AZ 85396

3 Beds 2 Baths 1,766 sqft Built 2017

$309,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $174.97
  • 1 Days on Market
  • MLS # : 6165416
  • Updated Date : 12/12/2020 at 19:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,766 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Great curb appeal! Wonderful & inviting single-story home is almost like new! Two bedrooms with a shared bath that has a shower/tub combo, solid surface vanity top, cool lights & oil-rubbed finishes. Master bedroom in the back. HUGE master walk-in closet! Nice shower, dual sinks, solid surface vanity top, more cool lights & separate toilet room too. Kitchen opens into the family room with eat-in space & a large entertainment wall. Granite counter tops, walk-in pantry & black appliances. Combination of tile floors & carpet in bedrooms. The 2.5 garage is amazing. An entire bank built-in storage cabinets plus a work bench makes the space very usable. Large backyard is ready for your finishing touches. No houses on top of you. Tesla leased solar. Walking path, kids playground & school nearby.

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
Festival Foothills Elementary School Primary Regular 208 12 NA
Festival Foothills Elementary School Middle Regular 208 12 NA
Wickenburg High School High Regular 657 30 4

Festival Foothills Elementary School

  • Education Level: Primary
  • # of students: 208
  • # of teachers: 12
NA
GreatSchools Rating

Festival Foothills Elementary School

  • Education Level: Middle
  • # of students: 208
  • # of teachers: 12
NA
GreatSchools Rating

Wickenburg High School

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

$278,100$339,900$309,000

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,140
Property Tax -$237
Property Insurance -$62
HOA -$28
Property Management Fees -$99
CASH FLOW
-$45

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.

$309,000

PROJECTED PRICE

$1,520

PROJECTED RENT

0.49%

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

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$87,635

INVESTMENT

$87,635

Down Payment
$77,250
Rehab Estimate
$5,750
Closing Costs
$4,635

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,140

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $77,250
Loan Amount $231,750
See What Happens When You Reinvest Cash Flow

4.83

YEARS SAVED

$17,881

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
  • $1,419

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2503$1,4994$1,525
$1,525
RENT COMPS ANALYSIS
  • 26019 W Marco Polo Road 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
    •  
    • $0
    • $0.00
    •  
  • 20368 N 262nd Avenue Buckeye, AZ 2
    • 4 beds 2 baths ∙ 1,776 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,776 Sqft ∙ Built 2007
    LEASED 07/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.70
    •  
  • 26001 W Sequoia Drive Buckeye, AZ 3
    • 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 4
    • 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
Barbara Myers
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165416
Last Updated: 12/12/2020
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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