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12002 W Lone Tree Trail Peoria, AZ 85383

3 Beds 2 Baths 1,633 sqft Built 2018

$355,000

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 2018
  • Price/Sqft : $217.39
  • 10 Days on Market
  • MLS # : 6151863
  • Updated Date : 10/31/2020 at 15:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,633 sqft
  • Baths : 2 full
Listing Agent

Arizona Premier Realty Homes & Land, Llc

Listing Agent's Description

Welcome to this stunning single level better than new home with 3 bedrooms, 2 bathrooms, beautiful kitchen with upgradedwhite cabinets, granite counter-tops with stainless steel appliances that opens up to the greatroom with gorgeous wood look tile throughout. The master bedroom is split from the 2 other bedrooms giving you the ultimate in privacy. North/South exposure. Backyard is a blank slate to create your own paradise. This home has been gently lived in and shows an abundance of love and care.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: The Village at Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: The Village at Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10452053

* 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
Vistancia Elementary School Primary Regular 969 45 10
Vistancia Elementary School Middle Regular 969 45 10
Liberty High School High Regular 2,141 93 6

Vistancia Elementary School

  • Education Level: Primary
  • # of students: 969
  • # of teachers: 45
10
GreatSchools Rating

Vistancia Elementary School

  • Education Level: Middle
  • # of students: 969
  • # of teachers: 45
10
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating
 

$319,500$390,500$355,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$1,310
Property Tax -$329
Property Insurance -$59
HOA -$29
Property Management Fees -$99
CASH FLOW
-$325

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.

$355,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.6%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$99,825

INVESTMENT

$99,825

Down Payment
$88,750
Rehab Estimate
$5,750
Closing Costs
$5,325

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,310

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $88,750
Loan Amount $266,250
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$2,395

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
  • $1,445

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4953$1,5504$1,5955$1,650
$1,650
RENT COMPS ANALYSIS
  • 12002 W Lone Tree Trail Peoria, AZ 1
    • 3 beds 2 baths ∙ 1,633 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,633 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12101 W Dove Wing Way Peoria, AZ 2
    • 4 beds 2 baths ∙ 1,725 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,725 Sqft ∙ Built 2005
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.87
    •  
  • 12014 W Duane Lane Peoria, AZ 3
    • 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2008
    LEASED 12/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.87
    •  
  • 12122 W Dove Wing Way Peoria, AZ 4
    • 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2004
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.89
    •  
  • 12116 W Eagle Ridge Lane Peoria, AZ 5
    • 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2005
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.91
    •  
PROPERTY LISTING DETAILS
Deanna C Misulich
Arizona Premier Realty Homes & Land, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151863
Last Updated: 10/31/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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