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

45076 W Zion Road Maricopa, AZ 85139

4 Beds 3 Baths 2,700 sqft Built 2020

INVESTimate

$269,990

List Price

$1,410

$1,269 - $1,551

Rent Est.

$289,699  ( +7.30%)   1 YR EST. FORECAST

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2020
  • Price/Sqft : $100.00
  • 2 Days on Market
  • MLS # : 6122379
  • Updated Date : 08/25/2020 at 12:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,700 sqft
  • Baths : 2 full , 1 half
Listing Agent

Wjh

Listing Agent's Description

1785-B NEW 2-story home with 2-car garage! The main floor features a great room, kitchen, dinette and laundry. Also, on the main floor is a separate flex room, The 2nd floor features the owner's suite with walk-in closet and private bathroom. Additionally, upstairs are 4 other bedrooms and another full bath. Haggle free pricing. No negotiation necessary.

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
 

$242,991$296,989$269,990

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$996
Property Tax -$252
Property Insurance -$80
Property Management Fees -$99
CASH FLOW
-$17

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.

$269,990

PROJECTED PRICE

$1,410

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.30%
Maintenance Year (1-5) 3.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$73,547

INVESTMENT

$73,547

Down Payment
$67,498
Rehab Estimate
$2,000
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,498
Loan Amount $202,493
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$17,053

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $0.52

    LIST RENT PER SQFT
  • $1,512

    COMP ESTIMATED VALUE
  • $0.56

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,4003$1,4104$1,4495$1,545
$1,545
RENT COMPS ANALYSIS
  • 45076 W Zion Road Maricopa, 3
    • 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2020
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.52
    •  
  • 45718 W Guilder Avenue Maricopa, 1
    • 3 beds 3 baths ∙ 2,501 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,501 Sqft ∙ Built 2005
    property image
    LEASED 07/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.55
    •  
  • 43290 W Blazen Trail Maricopa, 2
    • 4 beds 3 baths ∙ 2,425 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,425 Sqft ∙ Built 2006
    property image
    LEASED 01/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.58
    •  
  • 45654 W Meadows Lane Maricopa, 4
    • 5 beds 3 baths ∙ 2,777 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,777 Sqft ∙ Built 2005
    property image
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,449
    • $0.52
    •  
  • 45542 W Tucker Road Maricopa, 5
    • 3 beds 3 baths ∙ 2,637 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,637 Sqft ∙ Built 2005
    property image
    LEASED 03/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.59
    •  
PROPERTY LISTING DETAILS
Wade G Jurney
Wjh
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6122379
Last Updated: 08/25/2020
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.

BESbswy