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

26378 W Tonopah Drive Buckeye, AZ 85396

3 Beds 2 Baths 2,323 sqft Built 2006

$410,000

List Price

$1,870

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $176.50
  • 3 Days on Market
  • MLS # : 6184329
  • Updated Date : 01/22/2021 at 14:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,323 sqft
  • Baths : 2 full
Listing Agent

Arizona Buyers Realty

Listing Agent's Description

ENJOY this SENSATIONAL Tuscan Fiesta Home with Desirable N/S Orientation w/i Walking Distance to the Sage Center. ENTER through the Travertine Front Courtyard into a Home that Boasts Popular 3RD Bedrm Layout, Tiled Floors on the Diagonal, Plantation Shutters, Silhouette Window Treatments, Extra Can Lights Throughout & Recently Painted Interior. REVEL in the GOURMET Kitchen w/ GRANITE Counter Tops, Large Island, Staggered Upgraded Cabinets w/ Under Cabinet Lights, 5 Burner Gas Cook Top, SS Appliances, Pendant Lights & Large Eat-In Kitchen. The Huge Owner's Suite has a Sliding Glass Door to Patio & a Bathrm w/ TILED Shower. The Large En Suite Guest Bedrm has Walk-In Closet. RELAX in Your Private Fenced Backyard Oasis w/ Extended Travertine /Kool Deck Patio, Fireplace, & Basalt Water Feature.

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
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
 

$369,000$451,000$410,000

PURCHASE PRICE

$1,683$2,057$1,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,870
EXPENSES Loan Payment -$1,424
Property Tax -$405
Property Insurance -$72
HOA -$48
Property Management Fees -$99
CASH FLOW
-$178

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.

$410,000

PROJECTED PRICE

$1,870

PROJECTED RENT

0.46%

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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$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$114,400

INVESTMENT

$114,400

Down Payment
$102,500
Rehab Estimate
$5,750
Closing Costs
$6,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,424

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $102,500
Loan Amount $307,500
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$8,794

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,870

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,719

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,7503$1,8704$1,995
$1,995
RENT COMPS ANALYSIS
  • 26378 W Tonopah Drive Buckeye, AZ 3
    • 3 beds 2 baths ∙ 2,323 Sqft ∙ Built 2006 3 beds 2 baths ∙ 2,323 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,870
    • $0.80
    •  
  • 26069 W Yukon Drive Buckeye, AZ 1
    • 4 beds 3 baths ∙ 2,364 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,364 Sqft ∙ Built 2007
    LEASED 08/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.61
    •  
  • 26196 W Burnett Road Buckeye, AZ 2
    • 4 beds 3 baths ∙ 2,158 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,158 Sqft ∙ Built 2007
    LEASED 09/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.81
    •  
  • 26107 W Wahalla Lane Buckeye, AZ 4
    • 3 beds 3 baths ∙ 2,502 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,502 Sqft ∙ Built 2017
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.80
    •  
PROPERTY LISTING DETAILS
James J Lacey
Arizona Buyers Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184329
Last Updated: 01/22/2021
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