Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

26141 W Vista North Drive Buckeye, AZ 85396

2 Beds 2 Baths 1,115 sqft Built 2010

$288,000

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $258.30
  • 3 Days on Market
  • MLS # : 6209394
  • Updated Date : 03/20/2021 at 00:04
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,115 sqft
  • Baths : 2 full
Listing Agent

Long Realty West Valley

Listing Agent's Description

THIS LOVELY 2B, 2B IN SUN CITY FESTIVAL HAS PLENTY OF POP AND CHARM. MASTER HAS BAY WINDOW, UPDATED CARPET, GUEST ROOM COMES COMPLETE WITH MURPHY BED SO LOTS OF ROOM FOR ALTERNATE USES! LANDSCAPING HAS ALL BEEN REFRESHED AND THE ENTIRE EXTERIOR WILL HAVE A FRESH COAT OF PAINT BEFORE YOU MOVE IN! UPDATED WASHER AND INDOOR LAUNDRY. GREAT TWO CAR EXTENDED GARAGE WITH LOADS OF ATTACHED CABINETS FOR STORAGE. GAS OVEN AND COOKTOP AND GAS BIB OUTDOORS FOR THOSE BARBEQUE NIGHTS! COME QUICK BECAUSE IT'S PRICED RIGHT!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City Festival

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $101k358k

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

Neighborhood: Sun City Festival

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600170018001900Rent in $8631981

* 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
 

$259,200$316,800$288,000

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$1,000
Property Tax -$282
Property Insurance -$49
HOA -$48
Property Management Fees -$99
CASH FLOW
-$108

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.

$288,000

PROJECTED PRICE

$1,370

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$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$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,070

INVESTMENT

$82,070

Down Payment
$72,000
Rehab Estimate
$5,750
Closing Costs
$4,320

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,000

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,000
Loan Amount $216,000
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$7,269

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,370

    LIST RENT
  • $1.23

    LIST RENT PER SQFT
  • $1,215

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,3703$1,600
$1,600
RENT COMPS ANALYSIS
  • 26141 W Vista North Drive Buckeye, AZ 2
    • 2 beds 2 baths ∙ 1,115 Sqft ∙ Built 2010 2 beds 2 baths ∙ 1,115 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $1.23
    •  
  • 20618 N 262nd Avenue Buckeye, AZ 1
    • 2 beds 2 baths ∙ 1,230 Sqft ∙ Built 2007 2 beds 2 baths ∙ 1,230 Sqft ∙ Built 2007
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.02
    •  
  • 26534 W Potter Drive Buckeye, AZ 3
    • 2 beds 2 baths ∙ 1,375 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,375 Sqft ∙ Built 2006
    LEASED 05/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.16
    •  
PROPERTY LISTING DETAILS
Lynmarie Smith
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209394
Last Updated: 03/20/2021
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.

BESbswy