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PROPERTY INFO
FACTS
- Single Family
- Built In 1978
- Price/Sqft : $179.69
- 2 Days on Market
- MLS # : 6160168
- Updated Date : 11/14/2020 at 05:51
CONSTRUCTION
- Beds : 4
- Floor Size : 1,753 sqft
- Baths : 1 full , 1 half
Listing Agent
A.z. & Associates
Listing Agent's Description
NEW UPDATED AND MOVE IN REMODELED HOME. NEW TILE THROUGHOUT AND UPDATED KITCHEN. LARGE LIVING ROOM AND FAMILY ROOM WITH FIREPLACE. THIS MOVE IN READY HOME FEATURES 4 BEDROOMS WITH TWO NICELY UPDATED BATHROOMS. HOME IS INVITING AND HAS PLENTY OF SPACE FOR FAMILY AND ENTERTAINING. STEP INTO YOUR BACKYARD TO ENJOY THE REFRESHING POOL AND BUILT IN BBQ BAR (SIMPLY DROP IN YOUR NEW BBQ). SPACIOUS BACKYARD WITH RV GATE. CALL NOW TO SET UP YOUR APPOINTMENT.
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PRICE & RENT TRENDS
Neighborhood: Suntown
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Suntown
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,330 |
| EXPENSES | Loan Payment | -$1,162 |
| Property Tax | -$171 | |
| Property Insurance | -$61 | |
| 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.
$315,000
PROJECTED PRICE
$1,330
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 8.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$89,225
LOAN DETAILS
$1,162
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $78,750 |
| Loan Amount | $236,250 |
3.25
YEARS SAVED
$9,772
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,420
COMP ESTIMATED VALUE -
$0.81
COMP AVG. RENT PER SQFT
Comps Range
-
7126 W Mountain View Road Peoria, AZ 1
- 4 beds 2 baths ∙ 1,753 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,753 Sqft ∙ Built 1978
- Rent
- Rent Per SQFT
- $0
- $0.00
-
7224 W North Lane Peoria, AZ 2
- 4 beds 2 baths ∙ 1,600 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,600 Sqft ∙ Built 1972
LEASED 01/31/20- Rent
- Rent Per SQFT
- $1,299
- $0.81
-
6607 W Mountain View Road Glendale, AZ 3
- 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1975
LEASED 01/01/20- Rent
- Rent Per SQFT
- $1,300
- $0.79
-
11161 N 73rd Avenue Peoria, AZ 4
- 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1982 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1982
LEASED 11/29/19- Rent
- Rent Per SQFT
- $1,350
- $0.87
-
7351 W Eva Street Peoria, AZ 5
- 3 beds 3 baths ∙ 1,905 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,905 Sqft ∙ Built 1996
LEASED 03/27/20- Rent
- Rent Per SQFT
- $1,475
- $0.77
PROPERTY LISTING DETAILS
A.z. & Associates
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160168
Last Updated: 11/14/2020
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.
