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44838 W Buckhorn Trail Maricopa, AZ 85139

4 Beds 2 Baths 2,269 sqft Built 2005

$255,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $112.38
  • 3 Days on Market
  • MLS # : 6162840
  • Updated Date : 11/20/2020 at 09:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,269 sqft
  • Baths : 2 full
Listing Agent

Berkshire Hathaway Homeservices Arizona Properties

Listing Agent's Description

This beautiful DR Horton home has everything you need! This single story beauty has over 2200 sq ft of space. Beautiful open kitchen with great room. Living/dining room combination, 4 bedrooms, and an open eat in kitchen and family room. Lots of cabinets and walk in pantry. Upgraded walk in tub in the master bedroom. Vaulted ceilings and ceiling fans. The inviting backyard includes a mature orange, lemon, grapefruit and fig tree. Security cameras are already installed. Located in the Alterra community, this home is close to the Copper Sky Recreation Center with a urban lake, walking paths, sports fields and state of the art pools and fitness center. The only thing missing is you!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85139

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k277k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85139

ZipNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9781567

* 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
Maricopa Elementary School Primary Regular 732 39 4
Maricopa High School Middle Regular 1,796 70 3
Maricopa High School High Regular 1,796 70 3

Maricopa Elementary School

  • Education Level: Primary
  • # of students: 732
  • # of teachers: 39
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
 

$229,500$280,500$255,000

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 -$941
Property Tax -$250
Property Insurance -$71
HOA -$62
Property Management Fees -$99
CASH FLOW
-$33

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.

$255,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.3%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$73,325

INVESTMENT

$73,325

Down Payment
$63,750
Rehab Estimate
$5,750
Closing Costs
$3,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$941

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $63,750
Loan Amount $191,250
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$13,723

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,390

    LIST RENT
  • $0.61

    LIST RENT PER SQFT
  • $1,452

    COMP ESTIMATED VALUE
  • $0.64

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,3503$1,3904$1,4505$1,650
$1,650
RENT COMPS ANALYSIS
  • 44838 W Buckhorn Trail Maricopa, AZ 3
    • 4 beds 2 baths ∙ 2,269 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,269 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.61
    •  
  • 46176 W Amsterdam Road Maricopa, AZ 1
    • 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 2005
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.59
    •  
  • 43830 W Maricopa Avenue Maricopa, AZ 2
    • 4 beds 2 baths ∙ 2,311 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,311 Sqft ∙ Built 2005
    LEASED 02/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.58
    •  
  • 43882 W Arizona Avenue Maricopa, AZ 4
    • 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
    •  
  • 43902 W Magnolia Road Maricopa, AZ 5
    • 4 beds 3 baths ∙ 2,222 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,222 Sqft ∙ Built 2005
    LEASED 01/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.74
    •  
PROPERTY LISTING DETAILS
Tena A Dugan
Berkshire Hathaway Homeservices Arizona Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162840
Last Updated: 11/20/2020
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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