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25526 N 103rd Avenue Peoria, AZ 85383

5 Beds 5 Baths 4,423 sqft Built 2018

$649,000

List Price

$2,980

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

January 04, 2021 RECENTLY ADDED
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

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Florenza

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450k500kPrice in $97k509k

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

Neighborhood: Florenza

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10452556

* 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
Parkridge Elementary School Primary Regular 896 41 9
Parkridge Elementary School Middle Regular 896 41 9
Sunrise Mountain High School High Regular 1,675 72 7

Parkridge Elementary School

  • Education Level: Primary
  • # of students: 896
  • # of teachers: 41
9
GreatSchools Rating

Parkridge Elementary School

  • Education Level: Middle
  • # of students: 896
  • # of teachers: 41
9
GreatSchools Rating

Sunrise Mountain High School

  • Education Level: High
  • # of students: 1,675
  • # of teachers: 72
7
GreatSchools Rating
 

$584,100$713,900$649,000

PURCHASE PRICE

$2,682$3,278$2,980

RENT

DOWN PAYMENT
FINANCING

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

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$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$177,735

INVESTMENT

$177,735

Down Payment
$162,250
Rehab Estimate
$5,750
Closing Costs
$9,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$2,254

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $162,250
Loan Amount $486,750
See What Happens When You Reinvest Cash Flow

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
$2,695
1$2,6952$2,8953$2,9804$2,9955$3,150
$3,150
RENT COMPS ANALYSIS
  • 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
Anette Brown
The Offer Company
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176755
Last Updated: 01/04/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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