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 2016
- Price/Sqft : $190.00
- 1 Days on Market
- MLS # : 6188004
- Updated Date : 01/31/2021 at 04:39
CONSTRUCTION
- Beds : 4
- Floor Size : 2,105 sqft
- Baths : 2 full , 1 half
Listing Agent
Coldwell Banker Realty
Listing Agent's Description
Beautiful turn key 4 bedroom home with Solar and many upgraded features!!! Home boasts custom painted warm grey and white colors. Custom wood plank tile in all the right places. Spacious kitchen with huge Island that has seating and you also have a large dining room. Downstairs has custom surround sound through living rm and kitchen. Dining rm also opens up to grassy backyard. Retreat to an expansive Owners suite and en suite with a huge walk in master shower, double vanities and walk in closet to boot!! Upstairs laundry room that includes a washer and dryer will make laundry a breeze!! Mancave/Garage even includes a ceiling fan. Many more extras!See remarks for items that do not convey. Thank you
SEE MORE
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 | $1,750 |
| EXPENSES | Loan Payment | -$1,389 |
| Property Tax | -$275 | |
| Property Insurance | -$68 | |
| HOA | -$65 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$147
|
||
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.
$399,950
PROJECTED PRICE
$1,750
PROJECTED RENT
0.44%
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
$111,737
LOAN DETAILS
$1,389
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $99,988 |
| Loan Amount | $299,963 |
3.33
YEARS SAVED
$11,117
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,750
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,768
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
12066 W Hide Trail Peoria, AZ 2
- 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2016
- Rent
- Rent Per SQFT
- $1,750
- $0.83
-
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 3
- 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 4
- 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 5
- 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
Coldwell Banker Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6188004
Last Updated: 01/31/2021
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.
