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PROPERTY INFO
FACTS
- Single Family
- Built In 1992
- Price/Sqft : $180.02
- 2 Days on Market
- MLS # : 6198876
- Updated Date : 02/27/2021 at 11:19
CONSTRUCTION
- Beds : 3
- Floor Size : 1,772 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
**OPEN HOUSE SAT FEB 27, 10AM-4PM**Beautiful, updated, immaculate property, original owners. NO HOA, room for RV on side of property. Baths and kitchen are remodeled, gorgeous kitchen granite countertops and glass backsplash. Floor tile was just professionally cleaned. New roof 2011, pool remodeled 2013/new tile and pebble sheen and new filter system 2018, new patio door, Whirlpool Gold side- by-side stainless refrigerator 2011, new dishwasher 2018, new water heater 2012, new garbage disposal 2016, new Lift Master garage door opener 2017, lots of garage cabinets.Nothing left to improve here! Come tour this beautiful listing!
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PRICE & RENT TRENDS
Neighborhood: Country Meadows Units
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Country Meadows Units
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$1,108 |
| Property Tax | -$173 | |
| Property Insurance | -$62 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$18
|
||
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.
$319,000
PROJECTED PRICE
$1,460
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 8.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$90,285
LOAN DETAILS
$1,108
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $79,750 |
| Loan Amount | $239,250 |
5.92
YEARS SAVED
$21,351
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
-
$1,551
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
-
10944 W Lawrence Lane Peoria, AZ 1
- 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 1992
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
10442 W Seldon Lane Peoria, AZ 2
- 4 beds 2 baths ∙ 1,581 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,581 Sqft ∙ Built 1978
![property image]()
LEASED 04/16/20- Rent
- Rent Per SQFT
- $1,220
- $0.77
-
10643 W Seldon Lane Peoria, AZ 3
- 3 beds 2 baths ∙ 1,581 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,581 Sqft ∙ Built 1976
![property image]()
LEASED 03/19/20- Rent
- Rent Per SQFT
- $1,475
- $0.93
-
11579 W Oglesby Avenue Youngtown, AZ 4
- 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 2003
![property image]()
LEASED 08/29/20- Rent
- Rent Per SQFT
- $1,499
- $0.87
-
8601 N 103rd Avenue #277 Peoria, AZ 5
- 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 2000
![property image]()
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,575
- $0.93
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6198876
Last Updated: 02/27/2021
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.
