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10360 W Alyssa Lane Peoria, AZ 85383

4 Beds 3 Baths 1,958 sqft Built 2016

$450,000

List Price

$1,790

$1.6K - $2K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $229.83
  • 4 Days on Market
  • MLS # : 6167360
  • Updated Date : 12/03/2020 at 16:26
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,958 sqft
  • Baths : 3 full
Listing Agent

Realty One Group

Listing Agent's Description

Situated walking distance to the Calderwood Butte Trailhead & Neighborhood Parks - the tranquility of panoramic desert views will wash over you as you approach your new home. Your new sanctuary boasts four generous bedrooms & three full baths laid out in the highly sought after Sapphire floorplan from Taylor Morrison. Low maintenance xeriscape allows for days spent tinkering on hobbies or taking out toys from the three car garage. Inside, wood plank floors, plush carpeting w upgraded pad & a soothing spa like designer color palette are ready for your personal touch. The upgraded Chef's kitchen makes meal prep a breeze w gas cooktop, double ovens & large pantry for storing staples. Staggered espresso cabinets, hand laid backsplash, deep pot drawers & stunning pendant lights crown the **MORE

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tierra del Rio

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k401k

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

Neighborhood: Tierra del Rio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10452128

* 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
Vistancia Elementary School Primary Regular 969 45 10
Vistancia Elementary School Middle Regular 969 45 10
Liberty High School High Regular 2,141 93 6

Vistancia Elementary School

  • Education Level: Primary
  • # of students: 969
  • # of teachers: 45
10
GreatSchools Rating

Vistancia Elementary School

  • Education Level: Middle
  • # of students: 969
  • # of teachers: 45
10
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating
 

$405,000$495,000$450,000

PURCHASE PRICE

$1,611$1,969$1,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,790
EXPENSES Loan Payment -$1,660
Property Tax -$285
Property Insurance -$65
HOA -$81
Property Management Fees -$99
CASH FLOW
-$400

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.

$450,000

PROJECTED PRICE

$1,790

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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

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$125,000

INVESTMENT

$125,000

Down Payment
$112,500
Rehab Estimate
$5,750
Closing Costs
$6,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,660

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $112,500
Loan Amount $337,500
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$3,663

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
  • $1,845

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,7504$1,7955$1,850
$1,850
RENT COMPS ANALYSIS
  • 10360 W Alyssa Lane Peoria, AZ 1
    • 4 beds 3 baths ∙ 1,958 Sqft ∙ Built 2016 4 beds 3 baths ∙ 1,958 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10752 W Briles Road Peoria, AZ 2
    • 3 beds 2 baths ∙ 1,785 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,785 Sqft ∙ Built 2014
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.90
    •  
  • 10765 W Yearling Road Peoria, AZ 3
    • 3 beds 2 baths ∙ 1,776 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,776 Sqft ∙ Built 2013
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.99
    •  
  • 10733 W Lariat Lane Peoria, AZ 4
    • 3 beds 2 baths ∙ 1,776 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,776 Sqft ∙ Built 2014
    LEASED 08/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.01
    •  
  • 10752 W Rowel Road Peoria, AZ 5
    • 4 beds 2 baths ∙ 2,132 Sqft ∙ Built 2015 4 beds 2 baths ∙ 2,132 Sqft ∙ Built 2015
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.87
    •  
PROPERTY LISTING DETAILS
Nate Brill
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167360
Last Updated: 12/03/2020
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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