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13044 W Fetlock Trail Peoria, AZ 85383

2 Beds 2 Baths 1,384 sqft Built 2006

$365,000

List Price

$1,900

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $263.73
  • 5 Days on Market
  • MLS # : 6186128
  • Updated Date : 01/27/2021 at 19:44
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,384 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

This Popular RIVAS floorplan is situated on a large corner lot with Mountain views and space for privacy. The great room and split floorplan makes the home feel bigger than it is but easy to maintain. The kitchen is complete with brand new cabinets, stainless steal appliances, pendant lights, gas range, and pantry for plenty of storage. There is 18 inch tile throughout with carpet in the bedrooms. The main room has two huge windows and a glass slider that makes the room bright and you can enjoy the beautiful backyard. The master is complete with a walk-in closet and dual sinks. The 2nd bedroom is on the other side of the home for privacy for your guests and is extended 2 feet. The backyard has an extended patio with pavers, built in speakers, and low maintenance landscape.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Trilogy at Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400kPrice in $122k444k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Trilogy at Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10452339

* 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
Liberty High School High Regular 2,141 93 6
Liberty High School High Unknown NA

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$328,500$401,500$365,000

PURCHASE PRICE

$1,710$2,090$1,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,900
EXPENSES Loan Payment -$1,268
Property Tax -$366
Property Insurance -$54
HOA -$86
Property Management Fees -$99
CASH FLOW
$26

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.

$365,000

PROJECTED PRICE

$1,900

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.3%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$102,475

INVESTMENT

$102,475

Down Payment
$91,250
Rehab Estimate
$5,750
Closing Costs
$5,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,268

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $91,250
Loan Amount $273,750
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$20,015

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,540

    COMP ESTIMATED VALUE
  • $1.11

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7503$1,8004$1,8005$2,000
$2,000
RENT COMPS ANALYSIS
  • 13044 W Fetlock Trail Peoria, AZ 1
    • 2 beds 2 baths ∙ 1,384 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,384 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12411 W Roberta Lane Peoria, AZ 2
    • 2 beds 2 baths ∙ 1,635 Sqft ∙ Built 2004 2 beds 2 baths ∙ 1,635 Sqft ∙ Built 2004
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.07
    •  
  • 13039 W Red Fox Road Peoria, AZ 3
    • 2 beds 2 baths ∙ 1,635 Sqft ∙ Built 2007 2 beds 2 baths ∙ 1,635 Sqft ∙ Built 2007
    property image
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.10
    •  
  • 27582 N 129th Lane Peoria, AZ 4
    • 2 beds 2 baths ∙ 1,635 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,635 Sqft ∙ Built 2006
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.10
    •  
  • 27662 N Makena Place Peoria, AZ 5
    • 2 beds 2 baths ∙ 1,700 Sqft ∙ Built 2005 2 beds 2 baths ∙ 1,700 Sqft ∙ Built 2005
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.18
    •  
PROPERTY LISTING DETAILS
Melissa R Bjurlin
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186128
Last Updated: 01/27/2021
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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