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10643 W Yukon Drive Peoria, AZ 85382

2 Beds 2 Baths 1,299 sqft Built 1991

$274,900

List Price

$1,280

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $211.62
  • 4 Days on Market
  • MLS # : 6193052
  • Updated Date : 02/12/2021 at 22:56
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,299 sqft
  • Baths : 2 full
Listing Agent

Canam Realty Group

Listing Agent's Description

Ventana Lakes 55+ living at it's best. 9 lakes, walking trails, golf, club & activities including, Fitness/Rec centers, bathhouse & steam room, spa/jacuzzi, pool & sauna. Shopping & restaurants. This home is a 2 bed with a den and has a Neutral color palette throughout. Extensive Kitchen renovation with all the desired upgrades. Fireplace updated with glass mosaic tile. Resort style Master Bath is a must see. Good size outdoor space to relax & enjoy with Citrus trees and mature vegetation. The extended patio has pavers. Enjoy the serene water view steps out your front door. Close of Escrow will need to be after 4/6/21.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Shores at Ventana Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $83k289k

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

Neighborhood: Shores at Ventana Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8621793

* 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
 

$247,410$302,390$274,900

PURCHASE PRICE

$1,152$1,408$1,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,280
EXPENSES Loan Payment -$955
Property Tax -$189
Property Insurance -$53
HOA -$32
Property Management Fees -$99
CASH FLOW
-$48

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.

$274,900

PROJECTED PRICE

$1,280

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 6.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$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$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,599

INVESTMENT

$78,599

Down Payment
$68,725
Rehab Estimate
$5,750
Closing Costs
$4,124

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$955

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,725
Loan Amount $206,175
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$11,960

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,280

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $1,185

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,150
1$1,1502$1,1993$1,2754$1,2755$1,280
$1,280
RENT COMPS ANALYSIS
  • 10643 W Yukon Drive Peoria, AZ 5
    • 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1991
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,280
    • $0.99
    •  
  • 19840 N 100th Drive Sun City, AZ 1
    • 2 beds 1 baths ∙ 1,188 Sqft ∙ Built 1977 2 beds 1 baths ∙ 1,188 Sqft ∙ Built 1977
    property image
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.97
    •  
  • 19222 N Pierson Road Sun City, AZ 2
    • 2 beds 3 baths ∙ 1,441 Sqft ∙ Built 1971 2 beds 3 baths ∙ 1,441 Sqft ∙ Built 1971
    property image
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,199
    • $0.83
    •  
  • 20636 N 103rd Avenue Peoria, AZ 3
    • 2 beds 2 baths ∙ 1,344 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,344 Sqft ∙ Built 1997
    property image
    LEASED 09/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.95
    •  
  • 19850 N Turquoise Hills Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,416 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,416 Sqft ∙ Built 1976
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.90
    •  
PROPERTY LISTING DETAILS
Rick Metcalfe
Canam Realty Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193052
Last Updated: 02/12/2021
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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