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12322 W Cactus Blossom Trail Peoria, AZ 85383

3 Beds 3 Baths 1,687 sqft Built 2017

$310,000

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $183.76
  • 3 Days on Market
  • MLS # : 6183335
  • Updated Date : 01/22/2021 at 08:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,687 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Wow! Check out this beautiful 3 bedroom, 2.5 bath, two-story home in Vistancia! This home boasts a bunch of upgrades including custom tile flooring, upgraded kitchen cabinets, upgraded master bathroom including both a bath and tub and much more all while sitting on a premium lot with nobody attached to the side yard. This property will not last!

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
 

$279,000$341,000$310,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,077
Property Tax -$236
Property Insurance -$60
HOA -$58
Property Management Fees -$99
CASH FLOW
$210

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.

$310,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.56%

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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$87,900

INVESTMENT

$87,900

Down Payment
$77,500
Rehab Estimate
$5,750
Closing Costs
$4,650

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,077

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $77,500
Loan Amount $232,500
See What Happens When You Reinvest Cash Flow

8.58

YEARS SAVED

$35,874

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,740

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $1,738

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,549
1$1,5492$1,5753$1,7404$1,8005$1,800
$1,800
RENT COMPS ANALYSIS
  • 12322 W Cactus Blossom Trail Peoria, AZ 3
    • 3 beds 3 baths ∙ 1,687 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,687 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,740
    • $1.03
    •  
  • 28962 N 124th Glen Peoria, AZ 1
    • 3 beds 3 baths ∙ 1,599 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,599 Sqft ∙ Built 2017
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,549
    • $0.97
    •  
  • 29149 N 125th Drive Peoria, AZ 2
    • 3 beds 3 baths ∙ 1,564 Sqft ∙ Built 2016 3 beds 3 baths ∙ 1,564 Sqft ∙ Built 2016
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $1.01
    •  
  • 29050 N 125th Avenue Peoria, AZ 4
    • 3 beds 3 baths ∙ 1,687 Sqft ∙ Built 2016 3 beds 3 baths ∙ 1,687 Sqft ∙ Built 2016
    LEASED 01/20/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.07
    •  
  • 12319 W Essig Way Peoria, AZ 5
    • 3 beds 3 baths ∙ 1,687 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,687 Sqft ∙ Built 2017
    LEASED 01/22/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.07
    •  
PROPERTY LISTING DETAILS
Michael Stubbs
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183335
Last Updated: 01/22/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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