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44001 W Palo Aliso Way Maricopa, AZ 85138

3 Beds 2 Baths 1,721 sqft Built 2019

$310,000

List Price

$1,260

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
FACTS
  • Built In 2019
  • Price/Sqft : $180.13
  • 39 Days on Market
  • MLS # : 6138141
  • Updated Date : 11/01/2020 at 11:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,721 sqft
  • Baths : 2 full
Listing Agent

The Daniel Montez Real Estate Group

Listing Agent's Description

This home is like buying a Model home but even better. Owners spared no expense on upgrades. Can do a quick close! . With owned solar, blinds, ceiling fans, soft water, RO systems already in, backyard complete!!! With all the extra's already there!! Gourmet kitchen with kitchen island, granite counters, breakfast bar, pendant lighting, pantry, built-in desk, a plethora of white cabinetry that is open to the great room for those fun gatherings. ample closets, & interior laundry room. Master retreat boasts patio access, unique barn door entry into en suite w/dual sinks and granite countertops, large tiled shower & walk-in closet. The backyard offers decorative stone ,full length covered patio,planter boxes for those garden lovers Community Playground and close to community cent

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
Saddleback Elementary School Primary Regular 505 24 4
Maricopa High School Middle Regular 1,796 70 3
Maricopa High School High Regular 1,796 70 3

Saddleback Elementary School

  • Education Level: Primary
  • # of students: 505
  • # of teachers: 24
4
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
 

$279,000$341,000$310,000

PURCHASE PRICE

$1,134$1,386$1,260

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,260
EXPENSES Loan Payment -$1,144
Property Tax -$290
Property Insurance -$61
HOA -$70
Property Management Fees -$99
CASH FLOW
-$403

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.

$310,000

PROJECTED PRICE

$1,260

PROJECTED RENT

0.41%

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) 3.00%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k

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$84,150

INVESTMENT

$84,150

Down Payment
$77,500
Rehab Estimate
$2,000
Closing Costs
$4,650

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,144

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $77,500
Loan Amount $232,500
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$214

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
  • $1,286

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2493$1,2754$1,3005$1,350
$1,350
RENT COMPS ANALYSIS
  • 44001 W Palo Aliso Way Maricopa, AZ 1
    • 3 beds 2 baths ∙ 1,721 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,721 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 44810 W Sage Brush Drive Maricopa, AZ 2
    • 4 beds 2 baths ∙ 1,802 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,802 Sqft ∙ Built 2005
    LEASED 12/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,249
    • $0.69
    •  
  • 45165 W Sage Brush Drive Maricopa, AZ 3
    • 3 beds 3 baths ∙ 1,631 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,631 Sqft ∙ Built 2005
    LEASED 11/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.78
    •  
  • 17373 N Costa Brava Avenue Maricopa, AZ 4
    • 3 beds 3 baths ∙ 1,631 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,631 Sqft ∙ Built 2006
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.80
    •  
  • 43947 W Palo Ceniza Way Maricopa, AZ 5
    • 4 beds 2 baths ∙ 1,865 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,865 Sqft ∙ Built 2008
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.72
    •  
PROPERTY LISTING DETAILS
Cynthia Hehl
The Daniel Montez Real Estate Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6138141
Last Updated: 11/01/2020
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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