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26027 N 137th Lane Peoria, AZ 85383

4 Beds 3 Baths 2,683 sqft Built 2018

$495,000

List Price

$2,140

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $184.49
  • 3 Days on Market
  • MLS # : 6202728
  • Updated Date : 03/06/2021 at 01:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,683 sqft
  • Baths : 3 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Gorgeous 4bed + Den / 3bath Peoria home available in desirable Rancho Cabrillo. This gem features great curb appeal, with 3 car garage, leading into the must see interior. You will love the flowing open floor plan with formal dining and an open concept kitchen/living room enhanced with wood look flooring, vaulted ceilings and an inviting neutral paint palate. The kitchen would delight any chef with stainless steel appliances, granite countertops, beautiful staggered white cabinetry, gas cooking, tile backsplash and a large center island with breakfast bar seating. Spacious master retreat includes walk in closet and en suite with dual sinks. The amazing outdoor entertaining area is complete with a stunning pool and spa! it's the perfect spot to relax and enjoy Arizona outdoors. See it today

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

$1,926$2,354$2,140

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,140
EXPENSES Loan Payment -$1,719
Property Tax -$341
Property Insurance -$79
HOA -$55
Property Management Fees -$99
CASH FLOW
-$153

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

$2,140

PROJECTED RENT

0.43%

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

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 50% 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

3.58

YEARS SAVED

$15,590

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
  • $2,173

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8953$2,1004$2,200
$2,200
RENT COMPS ANALYSIS
  • 26027 N 137th Lane Peoria, AZ 1
    • 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13218 W Lariat Lane W Peoria, AZ 2
    • 3 beds 3 baths ∙ 2,346 Sqft ∙ Built 2014 3 beds 3 baths ∙ 2,346 Sqft ∙ Built 2014
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.81
    •  
  • 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
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.81
    •  
  • 12268 W Paso Trail Peoria, AZ 4
    • 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2014 5 beds 3 baths ∙ 2,719 Sqft ∙ Built 2014
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.81
    •  
PROPERTY LISTING DETAILS
Dallas Andrews
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202728
Last Updated: 03/06/2021
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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