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PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $146.73
- 7 Days on Market
- MLS # : 6176755
- Updated Date : 01/04/2021 at 18:27
CONSTRUCTION
- Beds : 5
- Floor Size : 4,423 sqft
- Baths : 4 full , 1 half
Listing Agent
The Offer Company
Listing Agent's Description
Gorgeous 5 bedroom 4.5 bath in gated Florenza. Purchased as a spec home but owner did many upgrades such as 7' soaking tub, custom master shower and tile plank flooring throughout the main floor. The gourmet kitchen boasts a large island, rich wood cabinetry, beautiful lighting, granite countertops and stainless appliances. The master bath features marble like flooring, quartz counters, separate tub and shower and large walk in closet. You don't want to miss this one! Close to Lake Pleasant Pavilions shopping centers and easy access to the 303
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PRICE & RENT TRENDS
Neighborhood: Florenza
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Florenza
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,980 |
| EXPENSES | Loan Payment | -$2,254 |
| Property Tax | -$371 | |
| Property Insurance | -$113 | |
| HOA | -$137 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$5
|
||
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.
$649,000
PROJECTED PRICE
$2,980
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$177,735
LOAN DETAILS
$2,254
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $162,250 |
| Loan Amount | $486,750 |
5.25
YEARS SAVED
$35,663
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,980
LIST RENT -
$0.67
LIST RENT PER SQFT
-
$2,963
COMP ESTIMATED VALUE -
$0.67
COMP AVG. RENT PER SQFT
Comps Range
-
25526 N 103rd Avenue Peoria, AZ 3
- 5 beds 5 baths ∙ 4,423 Sqft ∙ Built 2018 5 beds 5 baths ∙ 4,423 Sqft ∙ Built 2018
![property image]()
- Rent
- Rent Per SQFT
- $2,980
- $0.67
-
9755 W Keyser Drive Peoria, AZ 1
- 5 beds 4 baths ∙ 4,177 Sqft ∙ Built 2004 5 beds 4 baths ∙ 4,177 Sqft ∙ Built 2004
![property image]()
LEASED 12/01/19- Rent
- Rent Per SQFT
- $2,695
- $0.65
-
9815 W Keyser Drive Peoria, AZ 2
- 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2004 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2004
![property image]()
LEASED 10/11/19- Rent
- Rent Per SQFT
- $2,895
- $0.65
-
9790 W Maya Way Peoria, AZ 4
- 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2005
![property image]()
LEASED 08/15/19- Rent
- Rent Per SQFT
- $2,995
- $0.67
-
9814 W Rock Springs Drive Peoria, AZ 5
- 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,464 Sqft ∙ Built 2005
![property image]()
LEASED 12/07/20- Rent
- Rent Per SQFT
- $3,150
- $0.71
PROPERTY LISTING DETAILS
The Offer Company
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6176755
Last Updated: 01/04/2021
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.
