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13215 W Crestvale Drive Peoria, AZ 85383

5 Beds 5 Baths 3,010 sqft Built 2020

$630,000

List Price

$2,290

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $209.30
  • 2 Days on Market
  • MLS # : 6200068
  • Updated Date : 02/27/2021 at 01:40
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,010 sqft
  • Baths : 4 full , 1 half
Listing Agent

Highgarden Real Estate

Listing Agent's Description

Large Lot, Large Fully Upgraded House, Large POOL! 12 ft RV GATE! Brand new barely lived in Ashton Woods home, built 2020! Sit and enjoy the Arizona sunsets in this beautiful backyard with custom pool and gazebo! The weather is feeling pretty amazing so get into this house NOW and make it your own! Forget about waiting for those lot drawings and lotteries, come get into this already built and move in ready home!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85383

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k403k

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

Zip Code: 85383

ZipNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10452202

* 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
 

$567,000$693,000$630,000

PURCHASE PRICE

$2,061$2,519$2,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,290
EXPENSES Loan Payment -$2,188
Property Tax -$376
Property Insurance -$86
HOA -$72
Property Management Fees -$99
CASH FLOW
-$531

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$630,000

PROJECTED PRICE

$2,290

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.8%
Maintenance Year (1-5) 3.00%
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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$168,950

INVESTMENT

$168,950

Down Payment
$157,500
Rehab Estimate
$2,000
Closing Costs
$9,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,188

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $157,500
Loan Amount $472,500
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$4,077

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,290

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $2,242

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$2,0953$2,1954$2,2005$2,290
$2,290
RENT COMPS ANALYSIS
  • 13215 W Crestvale Drive Peoria, AZ 5
    • 5 beds 5 baths ∙ 3,010 Sqft ∙ Built 2020 5 beds 5 baths ∙ 3,010 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $2,290
    • $0.76
    •  
  • 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 2
    • 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
    •  
  • 12714 W Dove Wing Way Peoria, AZ 3
    • 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 2005
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.71
    •  
  • 12268 W Paso Trail Peoria, AZ 4
    • 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2014 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2014
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.81
    •  
PROPERTY LISTING DETAILS
Gao (staci) Lor
Highgarden Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6200068
Last Updated: 02/27/2021
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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