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5669 S 235th Drive Buckeye, AZ 85326

7 Beds 4 Baths 4,201 sqft Built 2008

$379,400

List Price

$1,810

$1.6K - $2K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $90.31
  • 2 Days on Market
  • MLS # : 6170608
  • Updated Date : 12/12/2020 at 14:15
CONSTRUCTION
  • Beds : 7
  • Floor Size : 4,201 sqft
  • Baths : 4 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Wonderful opportunity to own one of the best home and largest lots in the community with gorgeous mountain views. Take in the beautiful sunrise from your backyard with covered patio and gorgeous. Upgraded home with 4 living rooms area. Granite countertops, stainless steel appliances, beautiful kitchen. Come check this home out before its gone!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Riata West

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Riata West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7311567

* 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
 

$341,460$417,340$379,400

PURCHASE PRICE

$1,629$1,991$1,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,810
EXPENSES Loan Payment -$1,400
Property Tax -$252
Property Insurance -$109
HOA -$58
Property Management Fees -$99
CASH FLOW
-$108

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.

$379,400

PROJECTED PRICE

$1,810

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.7%
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$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$106,291

INVESTMENT

$106,291

Down Payment
$94,850
Rehab Estimate
$5,750
Closing Costs
$5,691

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,400

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $94,850
Loan Amount $284,550
See What Happens When You Reinvest Cash Flow

4

YEARS SAVED

$16,525

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,810

    LIST RENT
  • $0.43

    LIST RENT PER SQFT
  • $1,743

    COMP ESTIMATED VALUE
  • $0.42

    COMP AVG. RENT PER SQFT
Comps Range
$1,649
1$1,6492$1,7003$1,810
$1,810
RENT COMPS ANALYSIS
  • 5669 S 235th Drive Buckeye, AZ 3
    • 7 beds 4 baths ∙ 4,201 Sqft ∙ Built 2008 7 beds 4 baths ∙ 4,201 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,810
    • $0.43
    •  
  • 23664 W Pecan Road Buckeye, AZ 1
    • 6 beds 4 baths ∙ 4,023 Sqft ∙ Built 2008 6 beds 4 baths ∙ 4,023 Sqft ∙ Built 2008
    property image
    LEASED 10/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.41
    •  
  • 23612 W Pecan Road Buckeye, AZ 2
    • 6 beds 4 baths ∙ 4,023 Sqft ∙ Built 2008 6 beds 4 baths ∙ 4,023 Sqft ∙ Built 2008
    property image
    LEASED 01/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.42
    •  
PROPERTY LISTING DETAILS
Kristian E Mendez Mazon
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170608
Last Updated: 12/12/2020
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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