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29756 N 133rd Avenue Peoria, AZ 85383

2 Beds 3 Baths 2,413 sqft Built 2017

$725,000

List Price

$2,550

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $300.46
  • 2 Days on Market
  • MLS # : 6170681
  • Updated Date : 12/12/2020 at 14:09
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,413 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty Arizona Elite Group, Llc

Listing Agent's Description

One-of-a-Kind, 2017 SOLAR Capture floor plan to hit the market! Beautiful curb appeal & Located on a cul-de-sac, EXTREMELY PRIVATE & FULLY FENCED. Step inside and you will fall in love - CUSTOM Touches & No Details were Missed! Gorgeous WOOD-LOOK tile thru-out entire home. Stunning WHITE KITCHEN features; high-end RAISED PANEL cabinets, dramatic GRANITE w/ custom backsplash, SS BUILT-IN GAS APPLIANCES w/ SS HOOD VENT, BUILT-IN FRIDGE & Wine Fridge. Both Baths are highly upgraded & home features a POWDER ROOM, oversized SMART SPACE w/ tons of storage & PLANTATION SHUTTERS. Step outside to paradise - RARE FIND w/ a Lush GREENBELT behind - enjoy a huge EXTENDED wrap-around PATIO w/ TRAVERTINE PAVERS, 2 Pergolas, Gas FIREPLACE & Built-in BBQ!! Amazing opportunity - this home is spectacular!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k409k

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

Neighborhood: Vistancia

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10452283

* 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
 

$652,500$797,500$725,000

PURCHASE PRICE

$2,295$2,805$2,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,550
EXPENSES Loan Payment -$2,675
Property Tax -$548
Property Insurance -$74
HOA -$86
Property Management Fees -$99
CASH FLOW
-$932

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.

$725,000

PROJECTED PRICE

$2,550

PROJECTED RENT

0.35%

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$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$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$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$197,875

INVESTMENT

$197,875

Down Payment
$181,250
Rehab Estimate
$5,750
Closing Costs
$10,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,675

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $181,250
Loan Amount $543,750
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$407

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
  • $2,546

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,4004$2,5005$2,500
$2,500
RENT COMPS ANALYSIS
  • 29756 N 133rd Avenue Peoria, AZ 1
    • 2 beds 3 baths ∙ 2,413 Sqft ∙ Built 2017 2 beds 3 baths ∙ 2,413 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13142 W Lone Tree Trail Peoria, AZ 2
    • 2 beds 3 baths ∙ 2,439 Sqft ∙ Built 2015 2 beds 3 baths ∙ 2,439 Sqft ∙ Built 2015
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.94
    •  
  • 29791 N 129th Drive Peoria, AZ 3
    • 2 beds 2 baths ∙ 2,193 Sqft ∙ Built 2009 2 beds 2 baths ∙ 2,193 Sqft ∙ Built 2009
    LEASED 07/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.09
    •  
  • 12847 W Gambit Trail Peoria, AZ 4
    • 2 beds 3 baths ∙ 2,321 Sqft ∙ Built 2005 2 beds 3 baths ∙ 2,321 Sqft ∙ Built 2005
    LEASED 08/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.08
    •  
  • 13154 W Morning Vista Drive Peoria, AZ 5
    • 2 beds 3 baths ∙ 2,252 Sqft ∙ Built 2018 2 beds 3 baths ∙ 2,252 Sqft ∙ Built 2018
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.11
    •  
PROPERTY LISTING DETAILS
Andrew Johnson
Realty Arizona Elite Group, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170681
Last Updated: 12/12/2020
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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