Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $235.97
- 2 Days on Market
- MLS # : 6263290
- Updated Date : 07/12/2021 at 15:48
CONSTRUCTION
- Beds : 3
- Floor Size : 2,013 sqft
- Baths : 2 full , 1 half
Listing Agent
Prestige Realty
Listing Agent's Description
'''North Peoria up and coming area! Clean as they come. 3car tandem garage with RV gate and side yard for storage. Open floor plan. Kitchen with granite , pantry , stainless steel appliances and island open to dining and great room. Tasteful colors and flooring. Large sliding door to back yard with covered patio. Large master suite with remodeled shower with dual shower heads. Beautiful Home! Close to great shopping and choice of schools.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Rancho Cabrillo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Rancho Cabrillo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,940 |
| EXPENSES | Loan Payment | -$1,650 |
| Property Tax | -$327 | |
| Property Insurance | -$66 | |
| HOA | -$55 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$257
|
||
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
$1,940
PROJECTED RENT
0.41%
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
$131,625
LOAN DETAILS
$1,650
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $118,750 |
| Loan Amount | $356,250 |
2.42
YEARS SAVED
$8,767
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
-
$2,094
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
-
26023 N 134th Drive Peoria, AZ 1
- 3 beds 3 baths ∙ 2,013 Sqft ∙ Built 2018 3 beds 3 baths ∙ 2,013 Sqft ∙ Built 2018
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
26508 N 132nd Lane Peoria, AZ 2
- 3 beds 2 baths ∙ 1,820 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,820 Sqft ∙ Built 2015
![property image]()
LEASED 02/06/21- Rent
- Rent Per SQFT
- $1,875
- $1.03
-
13562 W Desert Moon Way Peoria, AZ 3
- 3 beds 2 baths ∙ 2,092 Sqft ∙ Built 2017 3 beds 2 baths ∙ 2,092 Sqft ∙ Built 2017
![property image]()
LEASED 02/01/21- Rent
- Rent Per SQFT
- $2,050
- $0.98
-
13411 W Lariat Lane Peoria, AZ 4
- 3 beds 3 baths ∙ 1,953 Sqft ∙ Built 2021 3 beds 3 baths ∙ 1,953 Sqft ∙ Built 2021
![property image]()
LEASED 07/01/21- Rent
- Rent Per SQFT
- $2,150
- $1.10
-
13545 W Desert Moon Way Peoria, AZ 5
- 4 beds 2 baths ∙ 2,150 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,150 Sqft ∙ Built 2017
![property image]()
LEASED 01/02/21- Rent
- Rent Per SQFT
- $2,250
- $1.05
PROPERTY LISTING DETAILS
Prestige Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6263290
Last Updated: 07/12/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
