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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $167.83
- 4 Days on Market
- MLS # : 6189898
- Updated Date : 02/04/2021 at 20:54
CONSTRUCTION
- Beds : 5
- Floor Size : 2,294 sqft
- Baths : 3 full
Listing Agent
Realty One Group
Listing Agent's Description
Driving along Vistancia Blvd, soaking in rugged vistas of the Bradshaw Mountains, you're greeted by nature w a lush green space & sweeping views of the Twin Buttes Wash & just outside your front door. Find sanctuary in your new home where the soothing color palette invokes mindful greys, calming creamy whites & earthy wood tones and every finish was selected for a low maintenance lifestyle w timeless design. Staggered ceramic plank flooring & plush carpet create a soft backdrop, while soaring ceilings invite the sun streaming in from the windows to brighten your day. Symmetrical, clean lines of natural xeriscape enrobe the bright tuft of premium artificial turf, like a natural outdoor yoga studio. Escape to the Owner's retreat & ensuite bath, featuring a separate soaking tub, +MORE+
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PRICE & RENT TRENDS
Neighborhood: Coldwater Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Coldwater Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,850 |
| EXPENSES | Loan Payment | -$1,337 |
| Property Tax | -$265 | |
| Property Insurance | -$72 | |
| HOA | -$65 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$12
|
||
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.
$385,000
PROJECTED PRICE
$1,850
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.3% |
| 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
$107,775
LOAN DETAILS
$1,337
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $96,250 |
| Loan Amount | $288,750 |
5.33
YEARS SAVED
$21,585
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,850
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,927
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
12034 W Tether Trail Peoria, AZ 5
- 5 beds 3 baths ∙ 2,294 Sqft ∙ Built 2015 5 beds 3 baths ∙ 2,294 Sqft ∙ Built 2015
- Rent
- Rent Per SQFT
- $1,850
- $0.81
-
12034 W Hide Trail Peoria, AZ 1
- 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2016
LEASED 02/09/20- Rent
- Rent Per SQFT
- $1,695
- $0.81
-
12118 W Rowel Road Peoria, AZ 2
- 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2015
LEASED 05/07/20- Rent
- Rent Per SQFT
- $1,765
- $0.84
-
12234 W Desert Sun Lane Peoria, AZ 3
- 4 beds 3 baths ∙ 2,183 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,183 Sqft ∙ Built 2018
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,825
- $0.84
-
12018 W Tether Trail Peoria, AZ 4
- 5 beds 3 baths ∙ 2,105 Sqft ∙ Built 2015 5 beds 3 baths ∙ 2,105 Sqft ∙ Built 2015
LEASED 04/12/20- Rent
- Rent Per SQFT
- $1,825
- $0.87
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6189898
Last Updated: 02/04/2021
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.
