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43282 W Estrada Street Maricopa, AZ 85138

6 Beds 4 Baths 3,900 sqft Built 2006

$380,000

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $97.44
  • 6 Days on Market
  • MLS # : 6191930
  • Updated Date : 02/10/2021 at 17:05
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,900 sqft
  • Baths : 4 full
Listing Agent

Keller Williams Realty Phoenix

Listing Agent's Description

Wow!! Check out this Beautiful 6 bedroom 4 bath home!! Plenty of Entertainment space with a den, living room, loft and formal dining. Gorgeous tile flooring, crown molding, and ceiling tiles throughout the downstairs. Plenty of cabinet space in the kitchen with an eat up bar/island. You will love the large Master Suite with a Very large Master Closet. This home comes complete with an Arizona room and your very own backyard Oasis. There is even a sauna that will stay with the home! Not to mention a 220V Circuit in the Garage for Level 2 EV (Electric Vehicle) charging. Plus a Whole House Water Softener with R/O in the Kitchen for purified drinking. So many unique features to this home you must come see for yourself. Book your showing today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k282k

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

Zip Code: 85138

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9681567

* 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
Butterfield Elementary School Primary Regular 760 33 5
Maricopa Wells Middle School Middle Regular 514 20 3

Butterfield Elementary School

  • Education Level: Primary
  • # of students: 760
  • # of teachers: 33
5
GreatSchools Rating

Maricopa Wells Middle School

  • Education Level: Middle
  • # of students: 514
  • # of teachers: 20
3
GreatSchools Rating
 

$342,000$418,000$380,000

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,320
Property Tax -$355
Property Insurance -$103
HOA -$19
Property Management Fees -$99
CASH FLOW
-$306

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$380,000

PROJECTED PRICE

$1,590

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$106,450

INVESTMENT

$106,450

Down Payment
$95,000
Rehab Estimate
$5,750
Closing Costs
$5,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,320

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $95,000
Loan Amount $285,000
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$2,910

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,590

    LIST RENT
  • $0.41

    LIST RENT PER SQFT
  • $1,755

    COMP ESTIMATED VALUE
  • $0.45

    COMP AVG. RENT PER SQFT
Comps Range
$1,590
1$1,5902$1,6003$1,6994$1,875
$1,875
RENT COMPS ANALYSIS
  • 43282 W Estrada Street Maricopa, AZ 1
    • 6 beds 4 baths ∙ 3,900 Sqft ∙ Built 2006 6 beds 4 baths ∙ 3,900 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $0.41
    •  
  • 19350 N Ibis Way Maricopa, AZ 2
    • 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2007 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2007
    LEASED 02/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.41
    •  
  • 43316 W Kimberly Street Maricopa, AZ 3
    • 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2006 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2006
    LEASED 01/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,699
    • $0.44
    •  
  • 43251 W Maricopa Avenue Maricopa, AZ 4
    • 5 beds 3 baths ∙ 3,735 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,735 Sqft ∙ Built 2006
    LEASED 12/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.50
    •  
PROPERTY LISTING DETAILS
James Patrick Sanson
Keller Williams Realty Phoenix
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6191930
Last Updated: 02/10/2021
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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