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

4567 W Kirkland Avenue Queen Creek, AZ 85142

3 Beds 3 Baths 1,804 sqft Built 2017

$299,000

List Price

$1,480

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $165.74
  • 3 Days on Market
  • MLS # : 6179347
  • Updated Date : 01/15/2021 at 08:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,804 sqft
  • Baths : 2 full , 1 half
Listing Agent

Nexgen Real Estate

Listing Agent's Description

Looking for a new place to call home? You've found it! Located in Queen Creek, this stunning 3 bed, 2.5 bath home boasts a lovely facade with desert landscaping, a 2 car garage, and much more! The interior features a cozy living area along with a luxurious kitchen that could make any chef jealous, with its ample cabinetry, pantry, granite countertops, stainless steel appliances, pendant lighting, and island with breakfast bar. Upstairs you will find a spacious loft and, of course, the beautiful master bedroom, which includes a private bath with a dual vanity and a spacious walk-in closet for all your belongings. Finally, the expansive backyard offers a charming covered patio and a large artificial grass area where you can spend quality time with friends and loved ones! Hurry and call now!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85142

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9801981

* 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
San Tan Heights Elementary School Primary Regular 583 33 2
Mountain Vista Middle School Middle Regular 331 16 1
San Tan Foothills High School High Regular 521 27 2

San Tan Heights Elementary School

  • Education Level: Primary
  • # of students: 583
  • # of teachers: 33
2
GreatSchools Rating

Mountain Vista Middle School

  • Education Level: Middle
  • # of students: 331
  • # of teachers: 16
1
GreatSchools Rating

San Tan Foothills High School

  • Education Level: High
  • # of students: 521
  • # of teachers: 27
2
GreatSchools Rating
 

$269,100$328,900$299,000

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$1,039
Property Tax -$149
Property Insurance -$62
HOA -$17
Property Management Fees -$99
CASH FLOW
$114

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$299,000

PROJECTED PRICE

$1,480

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$84,985

INVESTMENT

$84,985

Down Payment
$74,750
Rehab Estimate
$5,750
Closing Costs
$4,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,039

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,750
Loan Amount $224,250
See What Happens When You Reinvest Cash Flow

7.42

YEARS SAVED

$27,571

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
  • $1,475

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,4994$1,5005$1,595
$1,595
RENT COMPS ANALYSIS
  • 4567 W Kirkland Avenue Queen Creek, AZ 1
    • 3 beds 3 baths ∙ 1,804 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,804 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4427 W White Canyon Road Queen Creek, AZ 2
    • 3 beds 3 baths ∙ 1,759 Sqft ∙ Built 2012 3 beds 3 baths ∙ 1,759 Sqft ∙ Built 2012
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.74
    •  
  • 33708 N Dertuccio Trail Queen Creek, AZ 3
    • 3 beds 2 baths ∙ 1,769 Sqft ∙ Built 2020 3 beds 2 baths ∙ 1,769 Sqft ∙ Built 2020
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.85
    •  
  • 4088 W Federal Way Queen Creek, AZ 4
    • 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 2015
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.80
    •  
  • 4621 W Kirkland Avenue Queen Creek, AZ 5
    • 3 beds 3 baths ∙ 1,804 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,804 Sqft ∙ Built 2017
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.88
    •  
PROPERTY LISTING DETAILS
Wendy Aguirre
Nexgen Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179347
Last Updated: 01/15/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy