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26312 N 132nd Lane Peoria, AZ 85383

3 Beds 2 Baths 2,463 sqft Built 2014

$379,900

List Price

$1,810

$1.6K - $2K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $154.24
  • 4 Days on Market
  • MLS # : 6158338
  • Updated Date : 11/13/2020 at 12:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,463 sqft
  • Baths : 2 full
Listing Agent

Success Property Brokers

Listing Agent's Description

Look no more! Best location in Peoria is waiting just for you. Incredible two-story house gives you front porch perfect for relaxing afternoons and gravel landscaping. Step inside this highly remodeled interior providing 3 bed, 2 bath, designer paint, several windows that bring in so much natural light, and cozy loft. Spotless eat-in kitchen is a cook's delight with track lighting, back-splash, granite counter-tops, plenty cabinet space, pantry, centered island with sink & breakfast, and high-end appliances. Upstairs you have a unique master suite offering an impeccable full bath with separate tub, glass step-in shower, dual sinks, and walk-in closet. Beautiful grassy backyard with covered patio, built-in BBQ, and refreshing blue pool is perfect for entertainers. This is the one. Call now!

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
Lake Pleasant Elementary School Primary Regular 425 24 9
Lake Pleasant Elementary School Middle Regular 425 24 9
Liberty High School High Regular 2,141 93 6

Lake Pleasant Elementary School

  • Education Level: Primary
  • # of students: 425
  • # of teachers: 24
9
GreatSchools Rating

Lake Pleasant Elementary School

  • Education Level: Middle
  • # of students: 425
  • # of teachers: 24
9
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating
 

$341,910$417,890$379,900

PURCHASE PRICE

$1,629$1,991$1,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,810
EXPENSES Loan Payment -$1,402
Property Tax -$261
Property Insurance -$75
HOA -$55
Property Management Fees -$99
CASH FLOW
-$82

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.

$379,900

PROJECTED PRICE

$1,810

PROJECTED RENT

0.48%

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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$106,424

INVESTMENT

$106,424

Down Payment
$94,975
Rehab Estimate
$5,750
Closing Costs
$5,699

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,402

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $94,975
Loan Amount $284,925
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$17,987

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,810

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $2,063

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,810
1$1,8102$1,8753$1,8954$1,9955$2,100
$2,100
RENT COMPS ANALYSIS
  • 26312 N 132nd Lane Peoria, AZ 1
    • 3 beds 2 baths ∙ 2,463 Sqft ∙ Built 2014 3 beds 2 baths ∙ 2,463 Sqft ∙ Built 2014
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,810
    • $0.73
    •  
  • 13634 W Briles Road Peoria, AZ 2
    • 4 beds 3 baths ∙ 2,243 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,243 Sqft ∙ Built 2018
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.84
    •  
  • 13218 W Lariat Lane W Peoria, AZ 3
    • 3 beds 3 baths ∙ 2,346 Sqft ∙ Built 2014 3 beds 3 baths ∙ 2,346 Sqft ∙ Built 2014
    property image
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.81
    •  
  • 13610 W Briles Road Peoria, AZ 4
    • 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 2018
    property image
    LEASED 07/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.89
    •  
  • 13820 W Desert Moon Way Peoria, AZ 5
    • 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
    •  
PROPERTY LISTING DETAILS
Emir Lopez
Success Property Brokers
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6158338
Last Updated: 11/13/2020
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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