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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $148.46
- 2 Days on Market
- MLS # : 6174626
- Updated Date : 12/26/2020 at 11:52
CONSTRUCTION
- Beds : 4
- Floor Size : 2,014 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Beautiful and well kept home located in Buckeye Arizona. This home has 4 bedrooms 2.5 Bathrooms a large living room and family room with an updated kitchen. Kitchen has granite countertops, backsplash and a large island.It also has a reverse osmosis drinking water and a full home water softener system. Home sits on a large lot in a cul-de-sac with a RV Gate and in walking distance to a park. Exterior of home was painted in 2020 and AC unit was replaced in 2019. Take a look at the virtual walk thru. Hurry and schedule your showing today.
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PRICE & RENT TRENDS
Neighborhood: Riata West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Riata West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,440 |
| EXPENSES | Loan Payment | -$1,103 |
| Property Tax | -$199 | |
| Property Insurance | -$66 | |
| HOA | -$58 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$85
|
||
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
$1,440
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$84,985
LOAN DETAILS
$1,103
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $74,750 |
| Loan Amount | $224,250 |
4.08
YEARS SAVED
$13,238
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
-
$1,425
COMP ESTIMATED VALUE -
$0.71
COMP AVG. RENT PER SQFT
Comps Range
-
5674 S 237th Drive Buckeye, AZ 1
- 4 beds 3 baths ∙ 2,014 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,014 Sqft ∙ Built 2008
- Rent
- Rent Per SQFT
- $0
- $0.00
-
23982 W Huntington Drive Buckeye, AZ 2
- 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008
LEASED 03/13/20- Rent
- Rent Per SQFT
- $1,295
- $0.64
-
5898 S 240th Drive Buckeye, AZ 3
- 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008
LEASED 01/21/20- Rent
- Rent Per SQFT
- $1,335
- $0.66
-
23807 W Grove Street Buckeye, AZ 4
- 4 beds 2 baths ∙ 1,861 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,861 Sqft ∙ Built 2008
LEASED 03/06/20- Rent
- Rent Per SQFT
- $1,385
- $0.74
-
5962 S 240th Drive Buckeye, AZ 5
- 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,015 Sqft ∙ Built 2008
LEASED 10/22/20- Rent
- Rent Per SQFT
- $1,600
- $0.79
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174626
Last Updated: 12/26/2020
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.
