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3266 W Hayden Peak Drive Queen Creek, AZ 85142

4 Beds 2 Baths 1,954 sqft Built 2005

$303,000

List Price

$1,630

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $155.07
  • 3 Days on Market
  • MLS # : 6162884
  • Updated Date : 11/21/2020 at 11:49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,954 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Looking for a new place to call home? You've found it! Located in Queen Creek, this 4 bed, 2 bath property boasts desert landscaping with a 2 car garage and much, much more! New High End Pattern Low Profile Carpet, great for allergies. New Community Center and Community Pool, Inside you will find large dining and living areas with neutral paint throughout, as well as a gorgeous kitchen equipped with ample cabinetry, a pantry, granite countertops, stainless steel appliances, and an island complete with a breakfast bar. The grandiose master bedroom is ideal for couples, with its spacious walk-in closet and full bath with double sinks, not to mention separate tub and shower. Also including a cozy backyard with a covered patio and grassy area, this home simply has it all!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9801981

* 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
San Tan Heights Elementary School Primary Regular 583 33 2
Mountain Vista Middle School Middle Regular 331 16 1
San Tan Foothills High School High Regular 521 27 2

San Tan Heights Elementary School

  • Education Level: Primary
  • # of students: 583
  • # of teachers: 33
2
GreatSchools Rating

Mountain Vista Middle School

  • Education Level: Middle
  • # of students: 331
  • # of teachers: 16
1
GreatSchools Rating

San Tan Foothills High School

  • Education Level: High
  • # of students: 521
  • # of teachers: 27
2
GreatSchools Rating
 

$272,700$333,300$303,000

PURCHASE PRICE

$1,467$1,793$1,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,630
EXPENSES Loan Payment -$1,118
Property Tax -$151
Property Insurance -$65
HOA -$25
Property Management Fees -$99
CASH FLOW
$172

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.

$303,000

PROJECTED PRICE

$1,630

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.7%
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$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$86,045

INVESTMENT

$86,045

Down Payment
$75,750
Rehab Estimate
$5,750
Closing Costs
$4,545

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,118

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $75,750
Loan Amount $227,250
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$39,635

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
  • $1,617

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4953$1,4954$1,6805$1,685
$1,685
RENT COMPS ANALYSIS
  • 3266 W Hayden Peak Drive Queen Creek, AZ 1
    • 4 beds 2 baths ∙ 1,954 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,954 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 33149 N Double Bar Road Queen Creek, AZ 2
    • 4 beds 2 baths ∙ 1,921 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,921 Sqft ∙ Built 2004
    LEASED 12/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.78
    •  
  • 3795 W Five Mile Peak Drive Queen Creek, AZ 3
    • 4 beds 2 baths ∙ 1,881 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,881 Sqft ∙ Built 2005
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.79
    •  
  • 3131 W Yellow Peak Drive Queen Creek, AZ 4
    • 4 beds 2 baths ∙ 1,926 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,926 Sqft ∙ Built 2005
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,680
    • $0.87
    •  
  • 3334 W Yellow Peak Drive Queen Creek, AZ 5
    • 4 beds 2 baths ∙ 1,926 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,926 Sqft ∙ Built 2005
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,685
    • $0.87
    •  
PROPERTY LISTING DETAILS
Keath Richard
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162884
Last Updated: 11/21/2020
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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