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30260 W Earll Drive Buckeye, AZ 85396

4 Beds 2 Baths 1,712 sqft Built 2018

$270,000

List Price

$1,430

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $157.71
  • 3 Days on Market
  • MLS # : 6183968
  • Updated Date : 01/22/2021 at 22:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,712 sqft
  • Baths : 2 full
Listing Agent

Redfin Corporation

Listing Agent's Description

Wonderful Move-in-Ready located in the desired Tartesso Community. This 4 bedroom / 2 bathroom single level home is perfectly balanced with tile and carpet in all the right places. Home features an Open Concept floorplan, Granite countertops, Stainless Steel appliances, Covered Patio! Low maintenance trees and landscaping. Schedule a tour today.

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
Tartesso Elementary School Primary Regular 377 6
Tartesso Elementary School Middle Regular 377 6
Tonopah Valley High School High Regular 378 19 2

Tartesso Elementary School

  • Education Level: Primary
  • # of students: 377
  • # of teachers:
6
GreatSchools Rating

Tartesso Elementary School

  • Education Level: Middle
  • # of students: 377
  • # of teachers:
6
GreatSchools Rating

Tonopah Valley High School

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

$243,000$297,000$270,000

PURCHASE PRICE

$1,287$1,573$1,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,430
EXPENSES Loan Payment -$938
Property Tax -$183
Property Insurance -$61
HOA -$84
Property Management Fees -$99
CASH FLOW
$65

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.

$270,000

PROJECTED PRICE

$1,430

PROJECTED RENT

0.53%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,300

INVESTMENT

$77,300

Down Payment
$67,500
Rehab Estimate
$5,750
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$938

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,500
Loan Amount $202,500
See What Happens When You Reinvest Cash Flow

6.42

YEARS SAVED

$20,244

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,430

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $1,537

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,399
1$1,3992$1,4303$1,4954$1,6005$1,649
$1,649
RENT COMPS ANALYSIS
  • 30260 W Earll Drive Buckeye, AZ 2
    • 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $1,430
    • $0.84
    •  
  • 30651 W Amelia Avenue Buckeye, AZ 1
    • 3 beds 2 baths ∙ 1,570 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,570 Sqft ∙ Built 2019
    LEASED 02/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $0.89
    •  
  • 3193 N 302nd Avenue Buckeye, AZ 3
    • 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2018
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.87
    •  
  • 29773 W Mitchell Avenue Buckeye, AZ 4
    • 4 beds 2 baths ∙ 1,906 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,906 Sqft ∙ Built 2006
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.84
    •  
  • 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
Dirk Fink
Redfin Corporation
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183968
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.

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