Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1990
- Price/Sqft : $145.26
- 6 Days on Market
- MLS # : 6160927
- Updated Date : 11/18/2020 at 14:08
CONSTRUCTION
- Beds : 5
- Floor Size : 3,029 sqft
- Baths : 3 full
Listing Agent
Devstar Realty
Listing Agent's Description
Very Clean updated 3,000sf tri-level home with 5bed,3ba on spacious cul-de-sac corner lot in friendly, no HOA neighborhood- Great living and Entertaining. Large updated farm kitchen truly is the heart of this home. Downstairs has private entrance, 2 bedrooms, huge living area, full bath and recessed lighting - perfect for aging parents or that adult child. 3 large bedrooms and 2 baths upstairs including a huge master suite. beautiful backyard with shaded patio in East and North side. Back yard water system inoperable. RV gate on side of lot and extended driveway wide enough for 3 vehicles. Tour you new home today!Chicken coop and backyard shed do not convey.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Foxwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Foxwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,460 |
| EXPENSES | Loan Payment | -$1,623 |
| Property Tax | -$239 | |
| Property Insurance | -$86 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$412
|
||
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.
$440,000
PROJECTED PRICE
$2,460
PROJECTED RENT
0.56%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$122,350
LOAN DETAILS
$1,623
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $110,000 |
| Loan Amount | $330,000 |
10.42
YEARS SAVED
$79,323
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,460
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$2,696
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
7302 W Wethersfield Road Peoria, AZ 2
- 5 beds 3 baths ∙ 3,029 Sqft ∙ Built 1990 5 beds 3 baths ∙ 3,029 Sqft ∙ Built 1990
![property image]()
- Rent
- Rent Per SQFT
- $2,460
- $0.81
-
14317 N 75th Lane Peoria, AZ 1
- 4 beds 3 baths ∙ 2,738 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,738 Sqft ∙ Built 1992
![property image]()
LEASED 02/01/20- Rent
- Rent Per SQFT
- $2,400
- $0.88
-
8214 W Acoma Drive Peoria, AZ 3
- 4 beds 2 baths ∙ 2,765 Sqft ∙ Built 1979 4 beds 2 baths ∙ 2,765 Sqft ∙ Built 1979
![property image]()
LEASED 06/08/20- Rent
- Rent Per SQFT
- $2,495
- $0.90
PROPERTY LISTING DETAILS
Devstar Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6160927
Last Updated: 11/18/2020
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.
