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45096 W Sandhill Road Maricopa, AZ 85139

4 Beds 3 Baths 2,405 sqft Built 2021

$287,990

List Price

$1,380

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

Built 2021 NEW CONSTRUCTION
December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2021
  • Price/Sqft : $119.75
  • 4 Days on Market
  • MLS # : 6174366
  • Updated Date : 12/24/2020 at 08:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,405 sqft
  • Baths : 2 full , 1 half
Listing Agent

Wjh

Listing Agent's Description

2402-B NEW 2-story garage home! The main floor features an open great room that connects to the dining area and kitchen. Also, on the main floor is a half bath and flex room. The 2nd floor features the owner's suite with walk-in closet and private bathroom. Additionally, upstairs are 3 other bedrooms, another full bath, spacious loft, and the laundry room. 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
 

$259,191$316,789$287,990

PURCHASE PRICE

$1,242$1,518$1,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,380
EXPENSES Loan Payment -$1,063
Property Tax -$269
Property Insurance -$74
HOA -$62
Property Management Fees -$99
CASH FLOW
-$187

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.

$287,990

PROJECTED PRICE

$1,380

PROJECTED RENT

0.48%

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) 3.00%
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$900k

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$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,317

INVESTMENT

$78,317

Down Payment
$71,998
Rehab Estimate
$2,000
Closing Costs
$4,320

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,063

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $71,998
Loan Amount $215,993
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$5,483

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,380

    LIST RENT
  • $0.57

    LIST RENT PER SQFT
  • $1,467

    COMP ESTIMATED VALUE
  • $0.61

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,3803$1,4004$1,4505$1,550
$1,550
RENT COMPS ANALYSIS
  • 45096 W Sandhill Road Maricopa, AZ 2
    • 4 beds 3 baths ∙ 2,405 Sqft ∙ Built 2021 4 beds 3 baths ∙ 2,405 Sqft ∙ Built 2021
    • Rent
    • Rent Per SQFT
    •  
    • $1,380
    • $0.57
    •  
  • 45718 W Guilder Avenue Maricopa, AZ 1
    • 3 beds 3 baths ∙ 2,501 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,501 Sqft ∙ Built 2005
    LEASED 07/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.55
    •  
  • 46108 W Rainbow Drive Maricopa, AZ 3
    • 4 beds 2 baths ∙ 2,225 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,225 Sqft ∙ Built 2005
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.63
    •  
  • 44782 W Horse Mesa Road Maricopa, AZ 4
    • 4 beds 3 baths ∙ 2,345 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,345 Sqft ∙ Built 2006
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.62
    •  
  • 45318 W Applegate Road Maricopa, AZ 5
    • 5 beds 3 baths ∙ 2,427 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,427 Sqft ∙ Built 2005
    LEASED 09/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.64
    •  
PROPERTY LISTING DETAILS
Samantha Allen
Wjh
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174366
Last Updated: 12/24/2020
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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