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10604 W Deanna Drive Peoria, AZ 85382

3 Beds 2 Baths 2,369 sqft Built 2000

$465,000

List Price

$1,960

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $196.29
  • 4 Days on Market
  • MLS # : 6186596
  • Updated Date : 01/29/2021 at 20:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,369 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

This is a small Gated Neighborhood with a large pie shaped lot with RV gate and side parking and a Beautiful pool and the inside has 2 master bedrooms, Lots of crown molding and custom painting and wall papers...3 car garage and the back yard is stubbed out for gas and electric and living room is stubbed for gas fire place...This place has a lot of extras, granite countertops, large bedrooms and too much to list

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rose Garden

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400k420kPrice in $122k425k

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

Neighborhood: Rose Garden

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Sunrise Mountain High School High Regular 1,675 72 7
Sunrise Mountain High School High Unknown NA

Sunrise Mountain High School

  • Education Level: High
  • # of students: 1,675
  • # of teachers: 72
7
GreatSchools Rating

Sunrise Mountain High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$418,500$511,500$465,000

PURCHASE PRICE

$1,764$2,156$1,960

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,960
EXPENSES Loan Payment -$1,615
Property Tax -$321
Property Insurance -$73
HOA -$88
Property Management Fees -$99
CASH FLOW
-$236

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.

$465,000

PROJECTED PRICE

$1,960

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.9%
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$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

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$128,975

INVESTMENT

$128,975

Down Payment
$116,250
Rehab Estimate
$5,750
Closing Costs
$6,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,615

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $116,250
Loan Amount $348,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$9,070

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,960

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $2,102

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,895
1$1,8952$1,8953$1,9604$1,9955$2,300
$2,300
RENT COMPS ANALYSIS
  • 10604 W Deanna Drive Peoria, AZ 3
    • 3 beds 2 baths ∙ 2,369 Sqft ∙ Built 2000 3 beds 2 baths ∙ 2,369 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,960
    • $0.83
    •  
  • 9852 W Quail Avenue Peoria, AZ 1
    • 3 beds 3 baths ∙ 2,228 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,228 Sqft ∙ Built 2008
    LEASED 09/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.85
    •  
  • 22218 N 104th Avenue Peoria, AZ 2
    • 4 beds 3 baths ∙ 2,160 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,160 Sqft ∙ Built 2006
    LEASED 11/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.88
    •  
  • 19919 N 108th Lane Sun City, AZ 4
    • 3 beds 2 baths ∙ 2,210 Sqft ∙ Built 1996 3 beds 2 baths ∙ 2,210 Sqft ∙ Built 1996
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.90
    •  
  • 9886 W Salter Drive Peoria, AZ 5
    • 3 beds 3 baths ∙ 2,501 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,501 Sqft ∙ Built 2008
    LEASED 12/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.92
    •  
PROPERTY LISTING DETAILS
Michael George Heyberger
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186596
Last Updated: 01/29/2021
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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