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4763 S 235th Lane Buckeye, AZ 85326

4 Beds 2 Baths 1,320 sqft Built 2008

$240,000

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $181.82
  • 4 Days on Market
  • MLS # : 6175910
  • Updated Date : 01/01/2021 at 16:18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,320 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

Great 4bed/2bath Buckeye home with easy access to shopping and I-10. This gem features great curb appeal leading into the light and bright interior with soaring vaulted ceilings, recently installed wood look tile flooring and an open concept floor plan. Well appointed eat in kitchen boasts granite like counter tops, sleek black appliances and handsome dark wood cabinetry. Spacious master retreat includes walk in closet and private en suite. Expansive low maintenance backyard is ready for you to make it your own private oasis. Do not miss out! Schedule your private showing today and make it yours.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sonoran Vista

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Sonoran Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8271567

* 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
Marionneaux Elementary School Primary Regular NA
Buckeye Union High School High Regular 1,373 62 4

Marionneaux Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Buckeye Union High School

  • Education Level: High
  • # of students: 1,373
  • # of teachers: 62
4
GreatSchools Rating
 

$216,000$264,000$240,000

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$886
Property Tax -$229
Property Insurance -$53
HOA -$76
Property Management Fees -$99
CASH FLOW
-$12

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.

$240,000

PROJECTED PRICE

$1,330

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 4.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$69,350

INVESTMENT

$69,350

Down Payment
$60,000
Rehab Estimate
$5,750
Closing Costs
$3,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$886

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $60,000
Loan Amount $180,000
See What Happens When You Reinvest Cash Flow

5

YEARS SAVED

$14,102

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
  • $1,185

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2753$1,3504$1,3505$1,400
$1,400
RENT COMPS ANALYSIS
  • 4763 S 235th Lane Buckeye, AZ 1
    • 4 beds 2 baths ∙ 1,320 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,320 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 23613 W Bowker Street Buckeye, AZ 2
    • 3 beds 2 baths ∙ 1,310 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,310 Sqft ∙ Built 2008
    LEASED 01/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.97
    •  
  • 4747 S 235th Lane Buckeye, AZ 3
    • 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2008
    LEASED 12/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.88
    •  
  • 5054 S 235 Drive Buckeye, AZ 4
    • 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,537 Sqft ∙ Built 2012
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.88
    •  
  • 4984 S Rovey Parkway Buckeye, AZ 5
    • 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,623 Sqft ∙ Built 2012
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.86
    •  
PROPERTY LISTING DETAILS
Fernando Valle
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6175910
Last Updated: 01/01/2021
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.

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