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25105 N 72nd Lane Peoria, AZ 85383

5 Beds 4 Baths 4,624 sqft Built 1999

$599,000

List Price

$3,180

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $129.54
  • 3 Days on Market
  • MLS # : 6165279
  • Updated Date : 11/27/2020 at 14:34
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,624 sqft
  • Baths : 3 full , 1 half
Listing Agent

Hague Partners

Listing Agent's Description

PRICED TO SELL WITH OVER $100K IN UPGRADES! This gorgeous Terramar home features a well-designed open concept floor plan, 3 stall garage, and backyard oasis ready for a new homeowner! Enter the home through stunning custom iron doors to be greeted by a soothing palette of marble tile flooring and soaring vaulted ceilings. The kitchens features custom cabinetry, beautiful granite counters, SS appliances, Island w/breakfast bar seating, and custom tile backsplash. This home boasts ample space with a large first floor master suite, and 4 additional bedrooms and loft space upstairs accommodating to any situation. Custom sliding doors give access to an entertainers dream space allowing plenty of natural lighting in the living areas and access to your private backyard oasis.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Terramar

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $122k391k

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

Neighborhood: Terramar

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10452119

* 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
Terramar School Primary Regular 844 46 8
Terramar School Middle Regular 844 46 8
Mountain Ridge High School High Regular 2,206 94 7

Terramar School

  • Education Level: Primary
  • # of students: 844
  • # of teachers: 46
8
GreatSchools Rating

Terramar School

  • Education Level: Middle
  • # of students: 844
  • # of teachers: 46
8
GreatSchools Rating

Mountain Ridge High School

  • Education Level: High
  • # of students: 2,206
  • # of teachers: 94
7
GreatSchools Rating
 

$539,100$658,900$599,000

PURCHASE PRICE

$2,862$3,498$3,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,180
EXPENSES Loan Payment -$2,210
Property Tax -$395
Property Insurance -$117
HOA -$9
Property Management Fees -$99
CASH FLOW
$350

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.

$599,000

PROJECTED PRICE

$3,180

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.2%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k$35k

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$164,485

INVESTMENT

$164,485

Down Payment
$149,750
Rehab Estimate
$5,750
Closing Costs
$8,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$2,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,750
Loan Amount $449,250
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$79,523

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
  • $3,838

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7003$4,500
$4,500
RENT COMPS ANALYSIS
  • 25105 N 72nd Lane Peoria, AZ 1
    • 5 beds 4 baths ∙ 4,624 Sqft ∙ Built 1999 5 beds 4 baths ∙ 4,624 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 25277 N 74th Avenue Peoria, AZ 2
    • 5 beds 4 baths ∙ 4,457 Sqft ∙ Built 2000 5 beds 4 baths ∙ 4,457 Sqft ∙ Built 2000
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.61
    •  
  • 25995 N 85th Lane Peoria, AZ 3
    • 5 beds 5 baths ∙ 4,300 Sqft ∙ Built 2003 5 beds 5 baths ∙ 4,300 Sqft ∙ Built 2003
    LEASED 04/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.05
    •  
PROPERTY LISTING DETAILS
Taylor Magnuson
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165279
Last Updated: 11/27/2020
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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