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13736 W Amberwing Street Peoria, AZ 85383

3 Beds 3 Baths 2,181 sqft Built 2016

$435,000

List Price

$1,830

$1.6K - $2K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2016
  • Price/Sqft : $199.45
  • 4 Days on Market
  • MLS # : 6156605
  • Updated Date : 11/07/2020 at 00:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,181 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

This Vistancia property with its gabled roof, paver driveway and stone-accented entry is definitely not your typical AZ ranch house. Both front and back yards are xeriscaped with desert plants designed to add beauty and color. Inside, recessed lights glow against crisp white gallery walls, a striking contrast to the wood look tile that leads through the shared living areas. The kitchen is the star of this home, with walk-in pantry, gleaming stainless steel appliances and a beautiful tile backsplash. Classic granite counters, gas stove and a huge island with bar seating overlooking the family room make the perfect space for entertaining. The spacious master bedroom has a walk-in closet and a large bathroom with separate tub and shower. Gorgeous views and close to Lake Pleasant and the 303.

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
 

$391,500$478,500$435,000

PURCHASE PRICE

$1,647$2,013$1,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,830
EXPENSES Loan Payment -$1,605
Property Tax -$327
Property Insurance -$70
HOA -$29
Property Management Fees -$99
CASH FLOW
-$299

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.

$435,000

PROJECTED PRICE

$1,830

PROJECTED RENT

0.42%

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

PROJECTED ANNUAL CASH FLOW

11530-$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

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 60% 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 $326,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$7,128

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,830

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,039

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,8253$1,8304$1,9995$2,100
$2,100
RENT COMPS ANALYSIS
  • 13736 W Amberwing Street Peoria, AZ 3
    • 3 beds 3 baths ∙ 2,181 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,181 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,830
    • $0.84
    •  
  • 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
    property image
    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
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.95
    •  
  • 12795 W Lone Tree Trail Peoria, AZ 4
    • 3 beds 2 baths ∙ 2,162 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,162 Sqft ∙ Built 2004
    property image
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,999
    • $0.92
    •  
  • 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
    property image
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.92
    •  
PROPERTY LISTING DETAILS
Keslie Halonen
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156605
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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