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44242 W Yucca Lane Maricopa, AZ 85138

4 Beds 3 Baths 3,115 sqft Built 2007

$315,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

January 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $101.12
  • 8 Days on Market
  • MLS # : 6182324
  • Updated Date : 01/19/2021 at 17:14
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,115 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty

Listing Agent's Description

Tenant occupied until 3/31/2021 please do not disturb tenants drive by only until further notice. Amazing floor plan needs a little TLC. 3115 sq ft. Large kitchen lot's of granite and space. Master has it's own balcony and separate sitting area. This is a great home! PHOTOS DO NOT REFLECT CURRENT CONDITION.

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
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$1,094
Property Tax -$296
Property Insurance -$88
HOA -$55
Property Management Fees -$99
CASH FLOW
-$242

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.

$315,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.44%

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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,094

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$2,716

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
  • $1,542

    COMP ESTIMATED VALUE
  • $0.5

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5503$1,6004$1,6005$1,649
$1,649
RENT COMPS ANALYSIS
  • 44242 W Yucca Lane Maricopa, AZ 1
    • 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 43386 W Wild Horse Trail Maricopa, AZ 2
    • 5 beds 3 baths ∙ 3,252 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,252 Sqft ∙ Built 2006
    property image
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.48
    •  
  • 18366 N Cherry Lane Maricopa, AZ 3
    • 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,115 Sqft ∙ Built 2006
    property image
    LEASED 06/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.51
    •  
  • 45515 W Tucker Road Maricopa, AZ 4
    • 5 beds 3 baths ∙ 3,272 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,272 Sqft ∙ Built 2005
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.49
    •  
  • 45681 W Tucker Road Maricopa, AZ 5
    • 5 beds 3 baths ∙ 3,272 Sqft ∙ Built 2007 5 beds 3 baths ∙ 3,272 Sqft ∙ Built 2007
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.50
    •  
PROPERTY LISTING DETAILS
John Lake
Exp Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6182324
Last Updated: 01/19/2021
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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