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12446 W Lindbergh Drive Peoria, AZ 85383

3 Beds 4 Baths 1,997 sqft Built 2015

$315,000

List Price

$1,720

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

November 17, 2020 RECENTLY ADDED
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.

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
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

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

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

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$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,162

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

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
$1,695
1$1,6952$1,7203$1,7254$1,8005$1,895
$1,895
RENT COMPS ANALYSIS
  • 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
    •  
  • 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
June Palmer
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6161620
Last Updated: 11/19/2020
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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