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45388 W Woody Road Maricopa, AZ 85139

5 Beds 3 Baths 2,426 sqft Built 2005

$259,900

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $107.13
  • 2 Days on Market
  • MLS # : 6165454
  • Updated Date : 11/27/2020 at 18:24
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,426 sqft
  • Baths : 3 full
Listing Agent

Homesmart Success

Listing Agent's Description

Immaculate and move-in ready 5 bedroom 3 bath home with NEW carpet, NEW paint inside, and NEW paint outside. Gorgerous curb appeal from the stone-lined columns and freshly cut grass. 20-foot cathedral ceilings in the entry, The kitchen has new counters, tile, and stainless appliances incluing a fridge and NEW stove and microwave. There is a bedroom and full bath downstairs, perfect for guests or Next-Gen living. 4 more bedrooms upstairs including a large master suite with separate tub/shower, double sinks, and walk-in closet. Low-maintenance backyard and a 2-car garage for storage. A fabulous home for the price, make an appointment before it's gone!

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
 

$233,910$285,890$259,900

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 -$959
Property Tax -$243
Property Insurance -$74
HOA -$62
Property Management Fees -$99
CASH FLOW
-$47

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.

$259,900

PROJECTED PRICE

$1,390

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

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$74,624

INVESTMENT

$74,624

Down Payment
$64,975
Rehab Estimate
$5,750
Closing Costs
$3,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,975
Loan Amount $194,925
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$13,014

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
  • $0.57

    LIST RENT PER SQFT
  • $1,510

    COMP ESTIMATED VALUE
  • $0.62

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,3503$1,3754$1,3905$1,550
$1,550
RENT COMPS ANALYSIS
  • 45388 W Woody Road Maricopa, AZ 4
    • 5 beds 3 baths ∙ 2,426 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,426 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.57
    •  
  • 45143 W Woody Road Maricopa, AZ 1
    • 4 beds 3 baths ∙ 2,112 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,112 Sqft ∙ Built 2006
    LEASED 06/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.57
    •  
  • 17387 N Costa Brava Avenue Maricopa, AZ 2
    • 4 beds 3 baths ∙ 2,095 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,095 Sqft ∙ Built 2006
    LEASED 06/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.64
    •  
  • 45401 W Woody Road Maricopa, AZ 3
    • 4 beds 3 baths ∙ 2,132 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,132 Sqft ∙ Built 2006
    LEASED 12/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.64
    •  
  • 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
David Morgan
Homesmart Success
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165454
Last Updated: 11/27/2020
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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