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13055 W Black Hill Road Peoria, AZ 85383

2 Beds 2 Baths 2,193 sqft Built 2007

INVESTimate

$445,000

List Price

$2,130

$1,917 - $2,343

Rent Est.

$455,146  ( +2.28%)   1 YR EST. FORECAST

PROPERTY INFO

August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 2007
  • Price/Sqft : $202.92
  • 5 Days on Market
  • MLS # : 6121315
  • Updated Date : 08/22/2020 at 16:58
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,193 sqft
  • Baths : 2 full
Listing Agent

Realty Arizona Elite Group, Llc

Listing Agent's Description

GORGEOUS Tuscan Stone Civitas on a N/S lot. Private courtyard welcomes you inside a great room concept that makes this floor plan so desirable. STUNNING DESIGNER TOUCHES - UPGRADED tile on a diagonal in all the right area & CUSTOM wall w/shelving in the great room creates a SPECTACULAR home. GOURMET kitchen has an abundance of staggered cabinets w/larger crown, pull out drawers, under cabinet lighting/pendant lighting, breakfast bar, GRANITE STONE C-TOPS, SS GAS APPL & custom back splash. Den/Office is versatile space - features a tech center w/built-in desk, bookcases & double doors. Owner's suite w/bay window, access to covered patio & UPGRADED BATH W/HIGH-END FINISHES: tile c-tops/shower, separated sink vanities & heavy glass shower door. Guest bedroom has its own wing w/2 closets &

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
Lake Pleasant Elementary School Primary Regular 425 24 9
Lake Pleasant Elementary School Middle Regular 425 24 9
Liberty High School High Regular 2,141 93 6

Lake Pleasant Elementary School

  • Education Level: Primary
  • # of students: 425
  • # of teachers: 24
9
GreatSchools Rating

Lake Pleasant Elementary School

  • Education Level: Middle
  • # of students: 425
  • # of teachers: 24
9
GreatSchools Rating

Liberty High School

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

$400,500$489,500$445,000

PURCHASE PRICE

$1,917$2,343$2,130

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,130
EXPENSES Loan Payment -$1,642
Property Tax -$444
Property Insurance -$70
HOA -$259
Property Management Fees -$99
CASH FLOW
-$384

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.

$445,000

PROJECTED PRICE

$2,130

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.28%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$123,675

INVESTMENT

$123,675

Down Payment
$111,250
Rehab Estimate
$5,750
Closing Costs
$6,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,642

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $111,250
Loan Amount $333,750
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$2,441

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
  • $2,347

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2003$2,4004$2,5005$2,500
$2,500
RENT COMPS ANALYSIS
  • 13055 W Black Hill Road Peoria, 1
    • 2 beds 2 baths ∙ 2,193 Sqft ∙ Built 2007 2 beds 2 baths ∙ 2,193 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12379 W Bent Tree Drive Peoria, 2
    • 2 beds 2 baths ∙ 2,194 Sqft ∙ Built 2004 2 beds 2 baths ∙ 2,194 Sqft ∙ Built 2004
    property image
    LEASED 06/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.00
    •  
  • 29791 N 129th Drive Peoria, 3
    • 2 beds 2 baths ∙ 2,193 Sqft ∙ Built 2009 2 beds 2 baths ∙ 2,193 Sqft ∙ Built 2009
    property image
    LEASED 07/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.09
    •  
  • 13154 W Morning Vista Drive Peoria, 4
    • 2 beds 3 baths ∙ 2,252 Sqft ∙ Built 2018 2 beds 3 baths ∙ 2,252 Sqft ∙ Built 2018
    property image
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.11
    •  
  • 12847 W Gambit Trail Peoria, 5
    • 2 beds 3 baths ∙ 2,321 Sqft ∙ Built 2005 2 beds 3 baths ∙ 2,321 Sqft ∙ Built 2005
    property image
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.08
    •  
PROPERTY LISTING DETAILS
Evelyn Saracco
Realty Arizona Elite Group, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6121315
Last Updated: 08/22/2020
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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