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13745 W Amaranth Street Peoria, AZ 85383

4 Beds 3 Baths 2,543 sqft Built 2016

$475,000

List Price

$2,010

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $186.79
  • 4 Days on Market
  • MLS # : 6192101
  • Updated Date : 02/19/2021 at 00:24
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,543 sqft
  • Baths : 2 full , 1 half
Listing Agent

Rethink Real Estate

Listing Agent's Description

Highly Upgraded 4 Bed with Casita + LOFT + 2.5 bath energy efficient Mattamy home. Home also has Brinks alarm system, Google Nest Energy efficient Thermostats- Upgraded Kitchen Faucet, Dining room chandelier Living Room, Loft & outdoor patio fans with remote, Backyard Tiki wood statues, New landscaping front & back yards, Cubby/Storage by garage entrance for shoes, Pergola, Front Door Keyless entry, Reverse Osmosis water filtration drinking water, Water Softener, Extended backyard w/ pavers & Imitation grass, Landscape lighting w/ automated timer, Landscape water drip system, Electric Cooktop, Utility Sink hook-up in laundry room, Fire security sprinkler system throughout, Epoxy floor coating in garage, Extended pavers in front driveway, Wood-like tile floors. Pride of ownership!

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
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
 

$427,500$522,500$475,000

PURCHASE PRICE

$1,809$2,211$2,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,010
EXPENSES Loan Payment -$1,650
Property Tax -$357
Property Insurance -$77
HOA -$29
Property Management Fees -$99
CASH FLOW
-$201

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.

$475,000

PROJECTED PRICE

$2,010

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$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$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,650

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$11,769

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,010

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $2,009

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8953$2,0004$2,0105$2,100
$2,100
RENT COMPS ANALYSIS
  • 13745 W Amaranth Street Peoria, AZ 4
    • 4 beds 3 baths ∙ 2,543 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,543 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,010
    • $0.79
    •  
  • 13749 W Amberwing Street Peoria, AZ 1
    • 4 beds 3 baths ∙ 2,537 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,537 Sqft ∙ Built 2015
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.71
    •  
  • 31079 N 136th Drive Peoria, AZ 2
    • 3 beds 3 baths ∙ 2,544 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,544 Sqft ∙ Built 2007
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.74
    •  
  • 31111 N 136th Lane Peoria, AZ 3
    • 4 beds 3 baths ∙ 2,544 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,544 Sqft ∙ Built 2007
    LEASED 12/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.79
    •  
  • 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
Jay Patel
Rethink Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6192101
Last Updated: 02/19/2021
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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