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26190 W Via Del Sol Drive Buckeye, AZ 85396

2 Beds 2 Baths 1,394 sqft Built 2012

INVESTimate

$269,900

List Price

$1,480

$1,332 - $1,628

Rent Est.

$278,942  ( +3.35%)   1 YR EST. FORECAST

PROPERTY INFO

August 26, 2020 RECENTLY ADDED
FACTS
  • Built In 2012
  • Price/Sqft : $193.62
  • 1 Days on Market
  • MLS # : 6120482
  • Updated Date : 08/25/2020 at 19:44
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,394 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

FURNISHED TRIUMPH model with lots of upgrades. Crown molding, expanded kitchen cabinets, courtyard, expanded patio. Cool deck on patios and epoxy on garage floor.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City Festival

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $101k358k

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

Neighborhood: Sun City Festival

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600170018001900Rent in $8631981

* 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
Festival Foothills Elementary School Primary Regular 208 12 NA
Festival Foothills Elementary School Middle Regular 208 12 NA
Wickenburg High School High Regular 657 30 4

Festival Foothills Elementary School

  • Education Level: Primary
  • # of students: 208
  • # of teachers: 12
NA
GreatSchools Rating

Festival Foothills Elementary School

  • Education Level: Middle
  • # of students: 208
  • # of teachers: 12
NA
GreatSchools Rating

Wickenburg High School

  • Education Level: High
  • # of students: 657
  • # of teachers: 30
4
GreatSchools Rating
 

$242,910$296,890$269,900

PURCHASE PRICE

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

RENT

DOWN PAYMENT
FINANCING

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-$4.0k-$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$700k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$996
Property Tax -$264
Property Insurance -$54
HOA -$145
Property Management Fees -$99
CASH FLOW
-$78

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.

$269,900

PROJECTED PRICE

$1,480

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.35%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,274

INVESTMENT

$77,274

Down Payment
$67,475
Rehab Estimate
$5,750
Closing Costs
$4,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,475
Loan Amount $202,425
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$9,314

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,480

    LIST RENT
  • $1.06

    LIST RENT PER SQFT
  • $1,481

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2503$1,3004$1,4805$1,785
$1,785
RENT COMPS ANALYSIS
  • 26190 W Via Del Sol Drive Buckeye, 4
    • 2 beds 2 baths ∙ 1,394 Sqft ∙ Built 2012 2 beds 2 baths ∙ 1,394 Sqft ∙ Built 2012
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,480
    • $1.06
    •  
  • 20558 N 260th Lane Buckeye, 1
    • 2 beds 2 baths ∙ 1,099 Sqft ∙ Built 2015 2 beds 2 baths ∙ 1,099 Sqft ∙ Built 2015
    property image
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.09
    •  
  • 20618 N 262nd Avenue Buckeye, 2
    • 2 beds 2 baths ∙ 1,230 Sqft ∙ Built 2007 2 beds 2 baths ∙ 1,230 Sqft ∙ Built 2007
    property image
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.02
    •  
  • 26077 W Sequoia Drive Buckeye, 3
    • 2 beds 2 baths ∙ 1,261 Sqft ∙ Built 2013 2 beds 2 baths ∙ 1,261 Sqft ∙ Built 2013
    property image
    LEASED 03/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.03
    •  
  • 26656 W Runion Drive Buckeye, 5
    • 2 beds 2 baths ∙ 1,612 Sqft ∙ Built 2007 2 beds 2 baths ∙ 1,612 Sqft ∙ Built 2007
    property image
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,785
    • $1.11
    •  
PROPERTY LISTING DETAILS
Steven Kelley
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120482
Last Updated: 08/25/2020
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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