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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $157.74
- 6 Days on Market
- MLS # : 6161620
- Updated Date : 11/19/2020 at 15:17
CONSTRUCTION
- Beds : 3
- Floor Size : 1,997 sqft
- Baths : 3 full , 1 half
Listing Agent
Hague Partners
Listing Agent's Description
BEST LOT/LOCATION IN ACACIA GROVE, BEAUTIFUL HIGH-END LAMINATE WOOD FLOORS, CUSTOM FIREPLACE WITH ENTERTAINMENT CENTER, This home is absolutely stunning, featuring a large great room with 20 ft. 4-sliding glass wall that opens onto the paved patio making this a great place to entertain. Quartz countertops staggered white cabinets, SS appliances, nice sized pantry, upstairs you will find a built-in desk w/cabinets, loft area with custom barn doors this area can be used as an office or playroom, On-suite bedroom with full bath, and additional nice sized bedroom and 2nd bath, master suite with full bath, double sinks, walk-in closet, Enjoy the amazing AZ Sun Sets from your large walk-out balcony that overlooks the green belt & pool area.
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PRICE & RENT TRENDS
Neighborhood: The Village at Vistancia
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: The Village at Vistancia
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,720 |
| EXPENSES | Loan Payment | -$1,162 |
| Property Tax | -$239 | |
| Property Insurance | -$66 | |
| HOA | -$58 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$96
|
||
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.
$315,000
PROJECTED PRICE
$1,720
PROJECTED RENT
0.55%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$89,225
LOAN DETAILS
$1,162
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $78,750 |
| Loan Amount | $236,250 |
6.67
YEARS SAVED
$29,830
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,720
LIST RENT -
$0.86
LIST RENT PER SQFT
-
$1,807
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
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12446 W Lindbergh Drive Peoria, AZ 2
- 3 beds 4 baths ∙ 1,997 Sqft ∙ Built 2015 3 beds 4 baths ∙ 1,997 Sqft ∙ Built 2015
- Rent
- Rent Per SQFT
- $1,720
- $0.86
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29798 N 121st Drive Peoria, AZ 1
- 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2004
LEASED 10/31/20- Rent
- Rent Per SQFT
- $1,695
- $0.92
-
29752 N 121st Avenue Peoria, AZ 3
- 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2005
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,725
- $0.93
-
28922 N 124th Lane Peoria, AZ 4
- 3 beds 3 baths ∙ 2,183 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,183 Sqft ∙ Built 2007
LEASED 10/26/20- Rent
- Rent Per SQFT
- $1,800
- $0.82
-
12466 W Lindbergh Drive Peoria, AZ 5
- 3 beds 4 baths ∙ 1,997 Sqft ∙ Built 2015 3 beds 4 baths ∙ 1,997 Sqft ∙ Built 2015
LEASED 10/29/20- Rent
- Rent Per SQFT
- $1,895
- $0.95
PROPERTY LISTING DETAILS
Hague Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6161620
Last Updated: 11/19/2020
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.
