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45039 W Sage Brush Drive Maricopa, AZ 85139

3 Beds 3 Baths 2,094 sqft Built 2005

$274,900

List Price

$1,460

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $131.28
  • 3 Days on Market
  • MLS # : 6208629
  • Updated Date : 03/19/2021 at 07:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,094 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart Success

Listing Agent's Description

Come take a look at this gorgeous two-story property in Maricopa! Immaculate inside with NEW paint and NEW carpet so you can move right in. NEW 2-inch blinds on every window. The kitchen is equipped with maple cabinetry, black appliances, a pantry, and a peninsula w/ breakfast bar that adds to the counter space. Great floorplan with 3 bedrooms PLUS a den PLUS a loft that could easily be a 4th bedroom. Large master suite has laminate flooring, separate his-and hers walk-in closets, and a full bathroom with dual sinks and a tub/shower combo. The oversized backyard features a covered patio, a built-in BBQ, and unlimited potential with plenty of room for a pool and no rear neighbors for privacy. Don't let this amazing opportunity pass by, call to schedule a showing today!

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 Wells Middle School Middle Regular 514 20 3

Maricopa Elementary School

  • Education Level: Primary
  • # of students: 732
  • # of teachers: 39
4
GreatSchools Rating

Maricopa Wells Middle School

  • Education Level: Middle
  • # of students: 514
  • # of teachers: 20
3
GreatSchools Rating
 

$247,410$302,390$274,900

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,460
EXPENSES Loan Payment -$955
Property Tax -$257
Property Insurance -$68
HOA -$62
Property Management Fees -$99
CASH FLOW
$19

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.

$274,900

PROJECTED PRICE

$1,460

PROJECTED RENT

0.53%

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$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$78,599

INVESTMENT

$78,599

Down Payment
$68,725
Rehab Estimate
$5,750
Closing Costs
$4,124

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$955

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,725
Loan Amount $206,175
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$16,315

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,460

    LIST RENT
  • $0.7

    LIST RENT PER SQFT
  • $1,550

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4603$1,4744$1,5995$1,700
$1,700
RENT COMPS ANALYSIS
  • 45039 W Sage Brush Drive Maricopa, AZ 2
    • 3 beds 3 baths ∙ 2,094 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,094 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $0.70
    •  
  • 46028 W Ranch Road Maricopa, AZ 1
    • 3 beds 2 baths ∙ 2,146 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,146 Sqft ∙ Built 2005
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.68
    •  
  • 17388 N Marina Avenue Maricopa, AZ 3
    • 3 beds 3 baths ∙ 2,051 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,051 Sqft ∙ Built 2005
    property image
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,474
    • $0.72
    •  
  • 45263 W Sage Brush Drive Maricopa, AZ 4
    • 3 beds 3 baths ∙ 2,095 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,095 Sqft ∙ Built 2005
    property image
    LEASED 03/12/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.76
    •  
  • 44824 W Sage Brush Drive Maricopa, AZ 5
    • 4 beds 3 baths ∙ 2,115 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,115 Sqft ∙ Built 2005
    property image
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.80
    •  
PROPERTY LISTING DETAILS
David Morgan
Homesmart Success
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6208629
Last Updated: 03/19/2021
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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