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PROPERTY INFO
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
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PRICE & RENT TRENDS
Neighborhood: Rose Garden
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Rose Garden
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$128,975
LOAN DETAILS
$1,615
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $116,250 |
| Loan Amount | $348,750 |
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
-
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
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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
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6186596
Last Updated: 01/29/2021
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.
