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26023 N 134th Drive Peoria, AZ 85383

3 Beds 3 Baths 2,013 sqft Built 2018

$475,000

List Price

$1,940

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $235.97
  • 1 Days on Market
  • MLS # : 6263773
  • Updated Date : 07/13/2021 at 17:45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,013 sqft
  • Baths : 2 full , 1 half
Listing Agent

Prestige Realty

Listing Agent's Description

Popular North Peoria's Rancho Cabrillo- new and upcoming area. 3 car garage with RV gate. Shows like a model. Tasteful soft gray walls with white trim. Spacious open floorplan with double sliders to back patio makes yard and living spaces feels open and inviting. Kitchen has large island with beautiful granite counter. stainless appliances, gas range and pantry. Master with remodeled shower w/ dual shower heads, dual vanity and good sized closets. Lots of designer touches-shows beautifully. Close to great shopping and choice of schools.

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
 

$427,500$522,500$475,000

PURCHASE PRICE

$1,746$2,134$1,940

RENT

DOWN PAYMENT
FINANCING

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

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$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,650

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

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
$0
1$02$1,8753$2,0504$2,1505$2,250
$2,250
RENT COMPS ANALYSIS
  • 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
    • 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
    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
    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
    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
    LEASED 01/02/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.05
    •  
PROPERTY LISTING DETAILS
Renee R Ryan
Prestige Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6263773
Last Updated: 07/13/2021
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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