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13726 W Amaranth Street Peoria, AZ 85383

3 Beds 3 Baths 2,181 sqft Built 2017

$439,900

List Price

$1,960

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

November 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $201.70
  • 7 Days on Market
  • MLS # : 6158279
  • Updated Date : 11/13/2020 at 12:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,181 sqft
  • Baths : 2 full , 1 half
Listing Agent

Offerpad

Listing Agent's Description

Don't miss this beautiful single story home in Vistancia Village! This home offers wood plank style tile flooring throughout. Lots of liviing spaces, a den at the front of the home and the family room open to the kitchen. The kitchen features granite countertops and custom backsplash, an island with breakfast bar, walk in pantry, and stainless steel appliances including double ovens. Split bedroom floorplan for added privacy. The primary bedroom has a full ensuite bathroom with dual sink vanities, separate shower and tub and a large walk in closet. Other bedrooms are spacious. The backyard has a covered patio extende with paver stones for a nice BBQ area. Vacant and ready for viewing, come see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k409k

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

Neighborhood: Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10452283

* 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
 

$395,910$483,890$439,900

PURCHASE PRICE

$1,764$2,156$1,960

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,960
EXPENSES Loan Payment -$1,623
Property Tax -$330
Property Insurance -$70
HOA -$29
Property Management Fees -$99
CASH FLOW
-$191

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.

$439,900

PROJECTED PRICE

$1,960

PROJECTED RENT

0.45%

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) 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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$122,324

INVESTMENT

$122,324

Down Payment
$109,975
Rehab Estimate
$5,750
Closing Costs
$6,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,623

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $109,975
Loan Amount $329,925
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$14,013

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,960

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $2,088

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,8253$1,9454$1,9605$2,100
$2,100
RENT COMPS ANALYSIS
  • 13726 W Amaranth Street Peoria, AZ 4
    • 3 beds 3 baths ∙ 2,181 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,181 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,960
    • $0.90
    •  
  • 31132 N 136th Lane Peoria, AZ 1
    • 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2008
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.95
    •  
  • 13203 W Copperleaf Lane Peoria, AZ 2
    • 3 beds 2 baths ∙ 1,921 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,921 Sqft ∙ Built 2015
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.95
    •  
  • 32126 N 132nd Drive Peoria, AZ 3
    • 4 beds 2 baths ∙ 1,921 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,921 Sqft ∙ Built 2017
    LEASED 11/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,945
    • $1.01
    •  
  • 13191 W Creosote Drive Peoria, AZ 5
    • 4 beds 3 baths ∙ 2,287 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,287 Sqft ∙ Built 2008
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.92
    •  
PROPERTY LISTING DETAILS
Derek Dickson
Offerpad
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6158279
Last Updated: 11/13/2020
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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