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26413 N 107th Drive Peoria, AZ 85383

4 Beds 4 Baths 2,697 sqft Built 2015

$429,900

List Price

$2,100

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $159.40
  • 2 Days on Market
  • MLS # : 6200175
  • Updated Date : 02/27/2021 at 11:25
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,697 sqft
  • Baths : 3 full , 1 half
Listing Agent

What-if-my-house Realty, Llc

Listing Agent's Description

Great open floor plan. Cathedral Maple Cabinet. Stainless Appliances. Gas Cooktop. Wall Oven. Built-in Microwave. Granite Countertop. Master Bedroom Downstairs. Jack & Jill Bathroom. Spacious Loft. Great School System. Very close to Basis Peoria.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tierra del Rio

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k401k

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

Neighborhood: Tierra del Rio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10452128

* 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
 

$386,910$472,890$429,900

PURCHASE PRICE

$1,890$2,310$2,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,100
EXPENSES Loan Payment -$1,493
Property Tax -$299
Property Insurance -$80
HOA -$19
Property Management Fees -$99
CASH FLOW
$110

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.

$429,900

PROJECTED PRICE

$2,100

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.4%
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$0.0$5.0k$10k$15k$20k

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$119,674

INVESTMENT

$119,674

Down Payment
$107,475
Rehab Estimate
$5,750
Closing Costs
$6,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,493

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $107,475
Loan Amount $322,425
See What Happens When You Reinvest Cash Flow

6.5

YEARS SAVED

$33,425

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
  • $2,313

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1953$2,2004$2,3005$2,750
$2,750
RENT COMPS ANALYSIS
  • 26413 N 107th Drive Peoria, AZ 1
    • 4 beds 4 baths ∙ 2,697 Sqft ∙ Built 2015 4 beds 4 baths ∙ 2,697 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 26025 N 107th Drive Peoria, AZ 2
    • 4 beds 4 baths ∙ 2,800 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,800 Sqft ∙ Built 2016
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.78
    •  
  • 10568 W El Cortez Place Peoria, AZ 3
    • 4 beds 4 baths ∙ 2,721 Sqft ∙ Built 2013 4 beds 4 baths ∙ 2,721 Sqft ∙ Built 2013
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.81
    •  
  • 10765 W Bronco Trail Peoria, AZ 4
    • 4 beds 3 baths ∙ 2,786 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,786 Sqft ∙ Built 2016
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.83
    •  
  • 10840 W Saddlehorn Road Peoria, AZ 5
    • 4 beds 4 baths ∙ 2,721 Sqft ∙ Built 2011 4 beds 4 baths ∙ 2,721 Sqft ∙ Built 2011
    LEASED 02/22/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.01
    •  
PROPERTY LISTING DETAILS
Michael Cheol Jung
What-if-my-house Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6200175
Last Updated: 02/27/2021
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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