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44265 W Roth Road Maricopa, AZ 85138

4 Beds 3 Baths 2,302 sqft Built 2005

$300,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 04, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $130.32
  • 5 Days on Market
  • MLS # : 6155949
  • Updated Date : 11/04/2020 at 13:51
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,302 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

Must see this beautifully updated home on a HUGE lot! Home updates include: all new flooring (no carpet!), LED lighting and new interior and exterior paint! Immaculate home features an open floor plan perfect for entertaining and the gorgeous kitchen has all new appliances and sparkling white quartz countertops. All of the bedrooms are spacious with large walk-in closets, and the master suite also features an updated bathroom with dual vanities and separate tub/shower. Property has an enormous backyard and patio--plenty of space for entertaining and customizing any way you would like! Fantastic community amenities including two pools, playgrounds, sport courts and a fitness center. This one won't last!

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
 

$270,000$330,000$300,000

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$1,107
Property Tax -$290
Property Insurance -$72
HOA -$29
Property Management Fees -$99
CASH FLOW
-$197

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.

$300,000

PROJECTED PRICE

$1,400

PROJECTED RENT

0.47%

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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,107

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$5,797

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,400

    LIST RENT
  • $0.61

    LIST RENT PER SQFT
  • $1,519

    COMP ESTIMATED VALUE
  • $0.66

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4503$1,5504$1,5505$1,695
$1,695
RENT COMPS ANALYSIS
  • 44265 W Roth Road Maricopa, AZ 1
    • 4 beds 3 baths ∙ 2,302 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,302 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.61
    •  
  • 43882 W Arizona Avenue Maricopa, AZ 2
    • 3 beds 3 baths ∙ 2,222 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,222 Sqft ∙ Built 2005
    LEASED 08/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.65
    •  
  • 44170 W Mcintosh Circle Maricopa, AZ 3
    • 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
    •  
  • 44424 W Knauss Drive Maricopa, AZ 4
    • 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 2006
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.63
    •  
  • 44023 W Neely Drive Maricopa, AZ 5
    • 4 beds 3 baths ∙ 2,465 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,465 Sqft ∙ Built 2004
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.69
    •  
PROPERTY LISTING DETAILS
Annette Sharp
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155949
Last Updated: 11/04/2020
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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