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29530 W Whitton Avenue Buckeye, AZ 85396

3 Beds 2 Baths 1,640 sqft Built 2006

$329,000

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $200.61
  • 1 Days on Market
  • MLS # : 6261265
  • Updated Date : 07/13/2021 at 13:49
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,640 sqft
  • Baths : 2 full
Listing Agent

Hague Partners

Listing Agent's Description

Gorgeous single-story FORMER MODEL home with leased SOLAR in Tartesso Community w/easy-care Mature front landscaping and upgraded elevation now on the market! Bright, soothing, warm palette, upgraded slate tile floors, & recessed lighting. Beautiful crown moulding, Charming chef's kitchen features plethora of wood cabinetry, essential appliances, pantry, & breakfast bar. Plush carpet in all bedrooms & large closets. The main bedroom is oversized and features bay windows, its own private ensuite with dual sinks, & a spacious walk-in closet. Interior laundry w/ built-in shelving. Expansive backyard has a low-maintenance landscape & shaded patio to escape the heat. Room for a pool! Wonderful amenities in the Community-Basketball, Splash pad, soccer, tennis courts covered ramadas w/BBQ'

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tartesso

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k278k

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

Neighborhood: Tartesso

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Tonopah Valley High School High Regular 378 19 2

Tonopah Valley High School

  • Education Level: High
  • # of students: 378
  • # of teachers: 19
2
GreatSchools Rating
 

$296,100$361,900$329,000

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$1,143
Property Tax -$223
Property Insurance -$59
HOA -$84
Property Management Fees -$99
CASH FLOW
-$98

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.

$329,000

PROJECTED PRICE

$1,510

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 11.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$92,935

INVESTMENT

$92,935

Down Payment
$82,250
Rehab Estimate
$5,750
Closing Costs
$4,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,143

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,250
Loan Amount $246,750
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$10,898

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
  • $1,661

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5003$1,5504$1,5995$1,649
$1,649
RENT COMPS ANALYSIS
  • 29530 W Whitton Avenue Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,640 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,640 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3921 N 308th Drive Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,505 Sqft ∙ Built 2020 3 beds 2 baths ∙ 1,505 Sqft ∙ Built 2020
    LEASED 10/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.00
    •  
  • 29940 W Monterey Drive Buckeye, AZ 3
    • 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 2018
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.07
    •  
  • 3876 N 298th Lane Buckeye, AZ 4
    • 4 beds 2 baths ∙ 1,611 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,611 Sqft ∙ Built 2017
    LEASED 04/28/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.99
    •  
  • 3227 N 302nd Court Buckeye, AZ 5
    • 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 2006
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.99
    •  
PROPERTY LISTING DETAILS
Susan Reynolds
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6261265
Last Updated: 07/13/2021
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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