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26616 W Quail Avenue Buckeye, AZ 85396

2 Beds 3 Baths 2,437 sqft Built 2019

INVESTimate

$459,000

List Price

$2,100

$1,890 - $2,310

Rent Est.

$474,377  ( +3.35%)   1 YR EST. FORECAST

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2019
  • Price/Sqft : $188.35
  • 2 Days on Market
  • MLS # : 6122370
  • Updated Date : 08/25/2020 at 16:58
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,437 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Arizona Realty

Listing Agent's Description

This model-sharp, better-than-new Endeavor Floor Plan offers 2 bedrooms + den with sliding French Doors & 2.5 baths in 2437 SqFt with an open Great Room floor plan and Formal Dining/flex room with tray ceiling. The Gourmet Kitchen features highly upgraded Encanto Maple staggered cabinetry in a Mocha finish, granite countertops and sink, upgraded tile backsplash, 5-top gas cooktop with safety-Doff, stainless appliances, walk-in pantry, island with breakfast bar & spacious casual dining area. The great room has built-in niches for A/V components and decorative objects and the sliding doors lead out to the travertine patio with ceiling fan and gas stub for your BBQ. The professionally designed low maintenance backyard leaves you more time to enjoy the fabulous community amenities including a*

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
 

$413,100$504,900$459,000

PURCHASE PRICE

$1,890$2,310$2,100

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

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$1.2M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,100
EXPENSES Loan Payment -$1,694
Property Tax -$361
Property Insurance -$75
HOA -$145
Property Management Fees -$99
CASH FLOW
-$273

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$459,000

PROJECTED PRICE

$2,100

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.35%
Maintenance Year (1-5) 3.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$123,635

INVESTMENT

$123,635

Down Payment
$114,750
Rehab Estimate
$2,000
Closing Costs
$6,885

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,694

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $114,750
Loan Amount $344,250
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$8,565

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
  • $2,096

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,000
$2,000
RENT COMPS ANALYSIS
  • 26616 W Quail Avenue Buckeye, 1
    • 2 beds 3 baths ∙ 2,437 Sqft ∙ Built 2019 2 beds 3 baths ∙ 2,437 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 20193 N 263rd Drive Buckeye, 2
    • 2 beds 2 baths ∙ 2,323 Sqft ∙ Built 2006 2 beds 2 baths ∙ 2,323 Sqft ∙ Built 2006
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.86
    •  
PROPERTY LISTING DETAILS
Beth M Rider
Keller Williams Arizona Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6122370
Last Updated: 08/25/2020
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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