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27200 N 93rd Avenue 
Peoria, AZ
85383
5 Beds 3 Baths 3,360 sqft
Built 2010
INVESTimate
$450,000
List Price
$125,000
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PROPERTY INFO
FACTS
- Built In 2010
- Price/Sqft : $133.93
- 2 Days on Market
- MLS # : 6122162
- Updated Date : 08/24/2020 at 19:41
CONSTRUCTION
- Beds : 5
- Floor Size : 3,360 sqft
- Baths : 3 full
Listing Agent
Realty Executives
Listing Agent's Description
Large family home with 5 bedrooms and 3 baths and a large loft. There is a large 3 car garage as well. The backyard has a large covered patio and lots of grass for the kids to play. The home also has paid solar from the builder as well as spray -in insulation so the utility bills are low. The sellers have a family of 5 and the highest electric bill was $450 with the A/C set at 75 degrees The low bills are about $200 a month. There is plenty of room for a pool if you want as well. There is a large open kitchen and family room along with a large bedroom and bath downstairs. New exterior paint in 2018 and new carpet downstairs in 2020. This home is a must see.
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PRICE & RENT TRENDS
Neighborhood: Cibola Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Cibola Vista
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,090 |
| EXPENSES | Loan Payment | -$1,660 |
| Property Tax | -$331 | |
| Property Insurance | -$93 | |
| HOA | -$71 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$164
|
||
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.
$450,000
PROJECTED PRICE
$2,090
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.01% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$125,000
LOAN DETAILS
$1,660
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $112,500 |
| Loan Amount | $337,500 |
3.42
YEARS SAVED
$15,742
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
-
$2,201
COMP ESTIMATED VALUE -
$0.66
COMP AVG. RENT PER SQFT
Comps Range
-
27200 N 93rd Avenue Peoria, 1
- 5 beds 3 baths ∙ 3,360 Sqft ∙ Built 2010 5 beds 3 baths ∙ 3,360 Sqft ∙ Built 2010
- Rent
- Rent Per SQFT
- $0
- $0.00
-
27372 N 90th Lane Peoria, 2
- 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2006
LEASED 03/20/20- Rent
- Rent Per SQFT
- $1,775
- $0.59
-
9036 W Buckhorn Trail Peoria, 3
- 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2005
LEASED 04/01/19- Rent
- Rent Per SQFT
- $2,150
- $0.71
-
9157 W Black Hill Road Peoria, 4
- 4 beds 3 baths ∙ 3,243 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,243 Sqft ∙ Built 2007
LEASED 06/24/19- Rent
- Rent Per SQFT
- $2,150
- $0.66
-
9011 W Quail Track Drive Peoria, 5
- 6 beds 4 baths ∙ 3,421 Sqft ∙ Built 2005 6 beds 4 baths ∙ 3,421 Sqft ∙ Built 2005
LEASED 08/01/19- Rent
- Rent Per SQFT
- $2,250
- $0.66
PROPERTY LISTING DETAILS
Realty Executives
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122162
Last Updated: 08/24/2020
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.
