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9007 S 253rd Drive Buckeye, AZ 85326

4 Beds 3 Baths 2,579 sqft Built 2006

$299,900

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $116.29
  • 1 Days on Market
  • MLS # : 6191090
  • Updated Date : 02/07/2021 at 03:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,579 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exit Realty-realty Place

Listing Agent's Description

Are you looking for a great home with updated flooring updated carpet, Newer oversized AC units. This home is wonderfully maintained and ready for someone to call home.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Parkplace at Buckeye

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Parkplace at Buckeye

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7331567

* 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
Buckeye Elementary School Primary Regular 882 46 3
Buckeye Union High School High Regular 1,373 62 4

Buckeye Elementary School

  • Education Level: Primary
  • # of students: 882
  • # of teachers: 46
3
GreatSchools Rating

Buckeye Union High School

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

$269,910$329,890$299,900

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,042
Property Tax -$208
Property Insurance -$77
HOA -$60
Property Management Fees -$99
CASH FLOW
$34

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.

$299,900

PROJECTED PRICE

$1,520

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 8.6%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$19,306

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
  • $1,515

    COMP ESTIMATED VALUE
  • $0.59

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3253$1,4504$1,4955$1,500
$1,500
RENT COMPS ANALYSIS
  • 9007 S 253rd Drive Buckeye, AZ 1
    • 4 beds 3 baths ∙ 2,579 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,579 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 25153 W Parkside Lane N Buckeye, AZ 2
    • 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2007
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.54
    •  
  • 25255 W Centre Avenue Buckeye, AZ 3
    • 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2005
    LEASED 06/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.59
    •  
  • 25246 W Centre Avenue Buckeye, AZ 4
    • 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2005
    LEASED 01/29/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.61
    •  
  • 25555 W Winston Drive Buckeye, AZ 5
    • 4 beds 3 baths ∙ 2,458 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,458 Sqft ∙ Built 2019
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.61
    •  
PROPERTY LISTING DETAILS
Larry Meloy
Exit Realty-realty Place
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6191090
Last Updated: 02/07/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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