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10541 W Angels Lane Peoria, AZ 85383

4 Beds 2 Baths 1,653 sqft Built 1998

$330,000

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $199.64
  • 4 Days on Market
  • MLS # : 6164469
  • Updated Date : 12/03/2020 at 02:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,653 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

No HOA!!!! Come check out this move-in ready beautiful 4 bedroom home in the great city of Peoria. This home is near great school, shopping centers and top rated restaurants. The open floor plan makes this house feel bigger, perfect for family gatherings. Enjoy the backyard all year long with low maintenance artificial grass and covered patio.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Alta Vista Estates

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k291k

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

Neighborhood: Alta Vista Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800Rent in $10181828

* 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
Zuni Hills Elementary School Primary Regular 849 40 7
Zuni Hills Elementary School Middle Regular 849 40 7
Liberty High School High Regular 2,141 93 6

Zuni Hills Elementary School

  • Education Level: Primary
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Zuni Hills Elementary School

  • Education Level: Middle
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Liberty High School

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

$297,000$363,000$330,000

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$1,218
Property Tax -$227
Property Insurance -$59
Property Management Fees -$99
CASH FLOW
$97

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$330,000

PROJECTED PRICE

$1,700

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,200

INVESTMENT

$93,200

Down Payment
$82,500
Rehab Estimate
$5,750
Closing Costs
$4,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,218

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,500
Loan Amount $247,500
See What Happens When You Reinvest Cash Flow

7.33

YEARS SAVED

$34,643

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $1,686

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,7003$1,8004$1,8505$1,995
$1,995
RENT COMPS ANALYSIS
  • 10541 W Angels Lane Peoria, AZ 2
    • 4 beds 2 baths ∙ 1,653 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,653 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.03
    •  
  • 10518 W Foothill Drive Peoria, AZ 1
    • 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 1999
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.93
    •  
  • 10331 W Carlota Lane Peoria, AZ 3
    • 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2006
    LEASED 12/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.01
    •  
  • 22225 N 102nd Lane Peoria, AZ 4
    • 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2005
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.03
    •  
  • 10361 W Foothill Drive Peoria, AZ 5
    • 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2006
    LEASED 08/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.11
    •  
PROPERTY LISTING DETAILS
Ana Claudia Urias Dupont
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6164469
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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