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43614 W Snow Drive Maricopa, AZ 85138

4 Beds 2 Baths 2,145 sqft Built 2006

$295,000

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $137.53
  • 3 Days on Market
  • MLS # : 6175441
  • Updated Date : 01/02/2021 at 18:01
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,145 sqft
  • Baths : 2 full
Listing Agent

Hague Partners

Listing Agent's Description

72 HOUR HOME SALE-INQUIRE IMMEDIATELY! THE HOME LAUNCH IS SATURDAY, JANUARY 9TH 1pm - 2:30. Premium View Fence Lot, So close you can walk to all the AMAZING AMENITIES such as: 2 Pools, 2 Tennis Courts, Basketball, Gym, Rec Center, Playgrounds and Splash Pad! This lovely, well maintained home is FRESHLY PAINTED inside and out, 3rd car garage has a wall that would allow for many other options besides parking. Beautiful rich colored granite kitchen counters, brand new built-in microwave, pull out drawers, newer water heater, oversized AC, pre-wired for surround sound/outdoor speaker, gas stub in place for adding a fireplace, BBQ and firepit. No 2-story homes looking into your backyard! Original owners who are downsizing have priced this home at a very fair price so it will go fast.

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 High School Middle Regular 1,796 70 3
Maricopa High School High Regular 1,796 70 3

Butterfield Elementary School

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

Maricopa High School

  • Education Level: Middle
  • # of students: 1,796
  • # of teachers: 70
3
GreatSchools Rating

Maricopa High School

  • Education Level: High
  • # of students: 1,796
  • # of teachers: 70
3
GreatSchools Rating
 

$265,500$324,500$295,000

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,088
Property Tax -$276
Property Insurance -$69
HOA -$29
Property Management Fees -$99
CASH FLOW
$49

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.

$295,000

PROJECTED PRICE

$1,610

PROJECTED RENT

0.55%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,925

INVESTMENT

$83,925

Down Payment
$73,750
Rehab Estimate
$5,750
Closing Costs
$4,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,088

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $73,750
Loan Amount $221,250
See What Happens When You Reinvest Cash Flow

6.33

YEARS SAVED

$25,065

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,610

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,475

    COMP ESTIMATED VALUE
  • $0.69

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,5503$1,6004$1,6105$1,650
$1,650
RENT COMPS ANALYSIS
  • 43614 W Snow Drive Maricopa, AZ 4
    • 4 beds 2 baths ∙ 2,145 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,145 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,610
    • $0.75
    •  
  • 43501 W Roth Road Maricopa, AZ 1
    • 3 beds 2 baths ∙ 2,019 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,019 Sqft ∙ Built 2005
    LEASED 01/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.62
    •  
  • 44170 W Mcintosh Circle Maricopa, AZ 2
    • 4 beds 3 baths ∙ 2,317 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,317 Sqft ∙ Built 2005
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.67
    •  
  • 43402 W Oster Drive Maricopa, AZ 3
    • 4 beds 3 baths ∙ 2,200 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,200 Sqft ∙ Built 2006
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.73
    •  
  • 43225 W Askew Drive Maricopa, AZ 5
    • 4 beds 2 baths ∙ 2,252 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,252 Sqft ∙ Built 2004
    LEASED 09/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.73
    •  
PROPERTY LISTING DETAILS
Joan Austin-mauldin
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6175441
Last Updated: 01/02/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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