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27277 N 91st Drive Peoria, AZ 85383

4 Beds 3 Baths 3,040 sqft Built 2011

$550,000

List Price

$2,270

$2K - $2.5K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $180.92
  • 10 Days on Market
  • MLS # : 6176188
  • Updated Date : 01/09/2021 at 01:32
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,040 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Beautiful Green Living Home Nestled in North Peoria. CIBOLA VISTA Community. Open floor plan with Carpet and Tile in all the right places. 4 Bedrooms, Den & 2.5 Bathrooms and did we mention the Gorgeous Brand New Swimming Pool. Kitchen offers Granite Counter Tops, Large Island, Pantry and Stainless Appliances. Energy efficient features include Spray Foam Insulation, ENERGY STAR Appliances, ENERGY STAR Programable Thermostat, 14 SEER A/C, Low E2 Windows, Water Efficient Plumbing Fixtures. Located near Shopping, Dining, BASIS Charter School, Hiking Trails, Lake Pleasant and Paloma Community Park.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Cibola Vista

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400kPrice in $122k437k

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

Neighborhood: Cibola Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10452164

* 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
West Wing School Primary Regular 1,046 51 9
West Wing School Middle Regular 1,046 51 9
Sandra Day O'connor High School High Regular 2,481 108 6

West Wing School

  • Education Level: Primary
  • # of students: 1,046
  • # of teachers: 51
9
GreatSchools Rating

West Wing School

  • Education Level: Middle
  • # of students: 1,046
  • # of teachers: 51
9
GreatSchools Rating

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating
 

$495,000$605,000$550,000

PURCHASE PRICE

$2,043$2,497$2,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,270
EXPENSES Loan Payment -$1,910
Property Tax -$548
Property Insurance -$86
HOA -$23
Property Management Fees -$99
CASH FLOW
-$397

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.

$550,000

PROJECTED PRICE

$2,270

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.0%
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-$10k-$5.0k$0.0$5.0k$10k

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$151,500

INVESTMENT

$151,500

Down Payment
$137,500
Rehab Estimate
$5,750
Closing Costs
$8,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,910

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $137,500
Loan Amount $412,500
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$4,765

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
  • $2,257

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7753$2,3954$2,4005$2,400
$2,400
RENT COMPS ANALYSIS
  • 27277 N 91st Drive Peoria, AZ 1
    • 4 beds 3 baths ∙ 3,040 Sqft ∙ Built 2011 4 beds 3 baths ∙ 3,040 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 27372 N 90th Lane Peoria, AZ 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
    •  
  • 27744 N 90th Lane Peoria, AZ 3
    • 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2005
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.79
    •  
  • 8614 W Briles Road Peoria, AZ 4
    • 3 beds 3 baths ∙ 3,004 Sqft ∙ Built 2003 3 beds 3 baths ∙ 3,004 Sqft ∙ Built 2003
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.80
    •  
  • 9036 W Buckhorn Trail Peoria, AZ 5
    • 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 2005
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.79
    •  
PROPERTY LISTING DETAILS
Julie Andolino
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176188
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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