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45109 W Sage Brush Drive Maricopa, AZ 85139

3 Beds 2 Baths 1,367 sqft Built 2005

INVESTimate

$215,000

List Price

$1,120

$1,008 - $1,232

Rent Est.

$230,695  ( +7.30%)   1 YR EST. FORECAST

PROPERTY INFO

August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $157.28
  • 5 Days on Market
  • MLS # : 6121359
  • Updated Date : 08/25/2020 at 18:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,367 sqft
  • Baths : 2 full
Listing Agent

Rev Residential Brokerage

Listing Agent's Description

This cozy single level has an efficient floor plan starting with a room at the front entrance that's perfect for setting up an office or online school space; great room-kitchen, dining and family room combo; and a roomy master ensuite with double sinks, walk-in closet and tub/shower combo. Additional 2 rooms large enough to accommodate full size beds. Inside laundry. Spacious, landscaped backyard with plenty of room for entertaining or just relaxing under the mature shade tree. Additional professional photos to be added later 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 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
 

$193,500$236,500$215,000

PURCHASE PRICE

$1,008$1,232$1,120

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,120
EXPENSES Loan Payment -$793
Property Tax -$201
Property Insurance -$54
HOA -$62
Property Management Fees -$99
CASH FLOW
-$89

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.

$215,000

PROJECTED PRICE

$1,120

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) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$62,725

INVESTMENT

$62,725

Down Payment
$53,750
Rehab Estimate
$5,750
Closing Costs
$3,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$793

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $53,750
Loan Amount $161,250
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$7,176

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,182

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,2004$1,3005$1,450
$1,450
RENT COMPS ANALYSIS
  • 45109 W Sage Brush Drive Maricopa, 1
    • 3 beds 2 baths ∙ 1,367 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,367 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 45612 W Dirk Street Maricopa, 2
    • 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 2007
    LEASED 09/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.85
    •  
  • 44569 W Mescal Street Maricopa, 3
    • 3 beds 2 baths ∙ 1,456 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,456 Sqft ∙ Built 2006
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.82
    •  
  • 45168 W Yucca Lane Maricopa, 4
    • 3 beds 2 baths ∙ 1,515 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,515 Sqft ∙ Built 2005
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.86
    •  
  • 44809 W Horse Mesa Road Maricopa, 5
    • 4 beds 2 baths ∙ 1,559 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,559 Sqft ∙ Built 2007
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.93
    •  
PROPERTY LISTING DETAILS
Sally L Martinez
Rev Residential Brokerage
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6121359
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.

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