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6963 W Juana Drive Peoria, AZ 85383

5 Beds 4 Baths 3,735 sqft Built 2005

$799,900

List Price

$2,980

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

February 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $214.16
  • 6 Days on Market
  • MLS # : 6188725
  • Updated Date : 02/06/2021 at 14:27
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,735 sqft
  • Baths : 3 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Nestled on the most sought after preserve lot in Sonoran Mountain Ranch ($150k builder premium). High 10' ceilings (downstairs) and 9' (upstairs). No neighbors behind, backs to the Preserve at East Wing Mountain with two-tiered rock terrace and view fencing to dramatic mountain views. Situated on a 0.378 acre lot, over $125k spent in front and backyard build outs including: Cascading 3-tiered waterfall; Heated Pebble sheen Salt water Spool (half Pool, half spa) with 20' Fountain; 10' ceiling covered patio with auto shading; Outdoor shower; pavered walk ways; artificial grass; natural gas Glass fire pit with built in seating; Wood Barrel 4-person wet/dry sauna; Additional above ground 5-person hot tub (bromine); bistro and up lighting throughout; Outdoor cooking Kiosk with BBQ, CONT:

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sonoran Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k370k

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

Neighborhood: Sonoran Mountain Ranch

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
Hillcrest Middle School Middle Regular 991 40 8
Sandra Day O'connor High School High Regular 2,481 108 6
Hillcrest Middle School Middle Unknown NA

Hillcrest Middle School

  • Education Level: Middle
  • # of students: 991
  • # of teachers: 40
8
GreatSchools Rating

Sandra Day O'connor High School

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

Hillcrest Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$719,910$879,890$799,900

PURCHASE PRICE

$2,682$3,278$2,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,980
EXPENSES Loan Payment -$2,778
Property Tax -$577
Property Insurance -$100
HOA -$10
Property Management Fees -$99
CASH FLOW
-$584

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.

$799,900

PROJECTED PRICE

$2,980

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.4%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$217,724

INVESTMENT

$217,724

Down Payment
$199,975
Rehab Estimate
$5,750
Closing Costs
$11,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,778

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $199,975
Loan Amount $599,925
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$7,792

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,980

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $3,287

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$2,9803$3,0754$4,000
$4,000
RENT COMPS ANALYSIS
  • 6963 W Juana Drive Peoria, AZ 2
    • 5 beds 4 baths ∙ 3,735 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,735 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $2,980
    • $0.80
    •  
  • 6525 W Lucia Drive Phoenix, AZ 1
    • 5 beds 4 baths ∙ 3,613 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,613 Sqft ∙ Built 2005
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.76
    •  
  • 28790 N 68th Avenue Peoria, AZ 3
    • 5 beds 3 baths ∙ 3,644 Sqft ∙ Built 2005 5 beds 3 baths ∙ 3,644 Sqft ∙ Built 2005
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,075
    • $0.84
    •  
  • 28427 N 68th Avenue Peoria, AZ 4
    • 5 beds 4 baths ∙ 3,852 Sqft ∙ Built 2008 5 beds 4 baths ∙ 3,852 Sqft ∙ Built 2008
    LEASED 01/12/21
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.04
    •  
PROPERTY LISTING DETAILS
Andrea Mauk
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188725
Last Updated: 02/06/2021
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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