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25711 N 131st Drive Peoria, AZ 85383

4 Beds 3 Baths 2,725 sqft Built 2016

$495,000

List Price

$2,090

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $181.65
  • 2 Days on Market
  • MLS # : 6190816
  • Updated Date : 02/06/2021 at 21:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,725 sqft
  • Baths : 2 full , 1 half
Listing Agent

Long Realty West Valley

Listing Agent's Description

WHY WAIT TO BUILD! Better than new! Move in ready; custom window Shades/ Plantation Shutters throughout, & professional landscaping, are already done for you! Only home available in Rancho Cabrillo, with attached RV Garage! Enter into formal living room (currently used as office) then to enormous Great Room with soaring ceilings; Mezzanine walk way above has stunning mountain views, overlooking it all. Gourmet kitchen with upgraded cabinetry, granite counters, extended island, walk-in pantry, & Stainless Steel appliances-Gas Range! Huge Master Suite is downstairs for added privacy. Upstairs are 3 Large Bed Rooms; ALL With WALK-IN CLOSETS! Awesome freeway access! North on 303 its 10 min to the 17: South & 15 min to the 10! Hurry!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rancho Cabrillo

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $88k358k

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

Neighborhood: Rancho Cabrillo

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
 

$445,500$544,500$495,000

PURCHASE PRICE

$1,881$2,299$2,090

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,090
EXPENSES Loan Payment -$1,719
Property Tax -$356
Property Insurance -$80
HOA -$55
Property Management Fees -$99
CASH FLOW
-$219

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.

$495,000

PROJECTED PRICE

$2,090

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$136,925

INVESTMENT

$136,925

Down Payment
$123,750
Rehab Estimate
$5,750
Closing Costs
$7,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,719

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $123,750
Loan Amount $371,250
See What Happens When You Reinvest Cash Flow

3

YEARS SAVED

$11,555

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
  • $2,187

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9503$2,1004$2,1455$2,200
$2,200
RENT COMPS ANALYSIS
  • 25711 N 131st Drive Peoria, AZ 1
    • 4 beds 3 baths ∙ 2,725 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,725 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12115 W Range Mule Drive Peoria, AZ 2
    • 3 beds 3 baths ∙ 2,423 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,423 Sqft ∙ Built 2015
    property image
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.80
    •  
  • 13820 W Desert Moon Way Peoria, AZ 3
    • 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2019
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.81
    •  
  • 12125 W Desert Moon Way Peoria, AZ 4
    • 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2016 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2016
    property image
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,145
    • $0.79
    •  
  • 12268 W Paso Trail Peoria, AZ 5
    • 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2014 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2014
    property image
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.81
    •  
PROPERTY LISTING DETAILS
Tonya Christorhus
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190816
Last Updated: 02/06/2021
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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