Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

44046 W Maricopa Avenue Maricopa, AZ 85138

6 Beds 4 Baths 3,901 sqft Built 2005

$329,900

List Price

$1,780

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $84.57
  • 5 Days on Market
  • MLS # : 6177455
  • Updated Date : 01/06/2021 at 15:11
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,901 sqft
  • Baths : 4 full
Listing Agent

Premier Choice Realty

Listing Agent's Description

Large 6 bedroom home in the community of Senita. New interior paint, Granite kitchen counters with center island perfect for entertaining, large pantry . Formal Dinning and Living area. Large loft upstairs.3 Car Garage, Covered Patio. Close to dining, shopping and entertainment.

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
 

$296,910$362,890$329,900

PURCHASE PRICE

$1,602$1,958$1,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,780
EXPENSES Loan Payment -$1,146
Property Tax -$308
Property Insurance -$103
HOA -$61
Property Management Fees -$99
CASH FLOW
$63

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.

$329,900

PROJECTED PRICE

$1,780

PROJECTED RENT

0.54%

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$16k

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$93,174

INVESTMENT

$93,174

Down Payment
$82,475
Rehab Estimate
$5,750
Closing Costs
$4,949

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,146

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,475
Loan Amount $247,425
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$22,930

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
  • $1,755

    COMP ESTIMATED VALUE
  • $0.45

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,6994$1,875
$1,875
RENT COMPS ANALYSIS
  • 44046 W Maricopa Avenue Maricopa, AZ 1
    • 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2005 6 beds 4 baths ∙ 3,901 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 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
    property image
    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
    property image
    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
    property image
    LEASED 12/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.50
    •  
PROPERTY LISTING DETAILS
Ginger Mann
Premier Choice Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6177455
Last Updated: 01/06/2021
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.

BESbswy