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12786 W Dove Wing Way Peoria, AZ 85383

5 Beds 3 Baths 2,857 sqft Built 2005

$434,999

List Price

$2,020

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $152.26
  • 3 Days on Market
  • MLS # : 6156769
  • Updated Date : 11/07/2020 at 23:13
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,857 sqft
  • Baths : 3 full
Listing Agent

Libertas Real Estate

Listing Agent's Description

Deeply cared for, full of upgrades, stunning Vistancia home. Five bedrooms, three baths, a regal staircase and full of natural light. Meticulously maintained inside and out with a backyard to die for. Live in the most coveted community in the North West Valley - a neighborhood like no other. Don't hesitate to visit, you'll absolutely love this home.

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
 

$391,499$478,499$434,999

PURCHASE PRICE

$1,818$2,222$2,020

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,020
EXPENSES Loan Payment -$1,605
Property Tax -$375
Property Insurance -$83
HOA -$28
Property Management Fees -$99
CASH FLOW
-$170

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.

$434,999

PROJECTED PRICE

$2,020

PROJECTED RENT

0.46%

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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$121,025

INVESTMENT

$121,025

Down Payment
$108,750
Rehab Estimate
$5,750
Closing Costs
$6,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,605

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $108,750
Loan Amount $326,249
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$14,432

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,020

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $2,171

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$2,0203$2,0954$2,3005$2,500
$2,500
RENT COMPS ANALYSIS
  • 12786 W Dove Wing Way Peoria, AZ 2
    • 5 beds 3 baths ∙ 2,857 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,857 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $2,020
    • $0.71
    •  
  • 12616 W Blackstone Lane Peoria, AZ 1
    • 4 beds 3 baths ∙ 2,753 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,753 Sqft ∙ Built 2004
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.72
    •  
  • 12090 W Dove Wing Way Peoria, AZ 3
    • 6 beds 3 baths ∙ 2,822 Sqft ∙ Built 2004 6 beds 3 baths ∙ 2,822 Sqft ∙ Built 2004
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.74
    •  
  • 12260 W Lone Tree Trail Peoria, AZ 4
    • 4 beds 3 baths ∙ 2,908 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,908 Sqft ∙ Built 2005
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.79
    •  
  • 30736 N 126th Drive Peoria, AZ 5
    • 6 beds 3 baths ∙ 3,166 Sqft ∙ Built 2006 6 beds 3 baths ∙ 3,166 Sqft ∙ Built 2006
    LEASED 05/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.79
    •  
PROPERTY LISTING DETAILS
Somone Wilder
Libertas Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156769
Last Updated: 11/07/2020
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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