Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $223.18
- 5 Days on Market
- MLS # : 6175709
- Updated Date : 01/22/2021 at 00:04
CONSTRUCTION
- Beds : 4
- Floor Size : 1,501 sqft
- Baths : 2 full
Listing Agent
Tucson Realty Solutions
Listing Agent's Description
New Construction on Large Corner Lot with double gates in backyard. Stainless Steal Appliances and Granite Counter Tops throughout. Large double car garage. All Amenities are listed under the document tab.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Acacia
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Acacia
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,400 |
| EXPENSES | Loan Payment | -$1,164 |
| Property Tax | -$182 | |
| Property Insurance | -$56 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$101
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$335,000
PROJECTED PRICE
$1,400
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 11.0% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.56% |
| 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
$90,775
LOAN DETAILS
$1,164
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $83,750 |
| Loan Amount | $251,250 |
4
YEARS SAVED
$12,451
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,400
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,385
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
-
11626 N 81st Avenue Peoria, AZ 2
- 4 beds 2 baths ∙ 1,501 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,501 Sqft ∙ Built 2020
- Rent
- Rent Per SQFT
- $1,400
- $0.93
-
11236 N 82nd Avenue Peoria, AZ 1
- 4 beds 2 baths ∙ 1,346 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,346 Sqft ∙ Built 2001
LEASED 11/29/19- Rent
- Rent Per SQFT
- $1,300
- $0.97
-
12970 N 87th Lane Peoria, AZ 3
- 3 beds 3 baths ∙ 1,522 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,522 Sqft ∙ Built 2006
LEASED 05/22/20- Rent
- Rent Per SQFT
- $1,425
- $0.94
-
12973 N 88th Drive Peoria, AZ 4
- 3 beds 3 baths ∙ 1,624 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,624 Sqft ∙ Built 2006
LEASED 09/10/19- Rent
- Rent Per SQFT
- $1,500
- $0.92
-
9681 N 82nd Lane Peoria, AZ 5
- 3 beds 2 baths ∙ 1,752 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,752 Sqft ∙ Built 2004
LEASED 11/16/20- Rent
- Rent Per SQFT
- $1,500
- $0.86
PROPERTY LISTING DETAILS
Tucson Realty Solutions
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6175709
Last Updated: 01/22/2021
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.
