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PROPERTY INFO
FACTS
- Single Family
- Built In 2010
- Price/Sqft : $165.85
- 3 Days on Market
- MLS # : 6187426
- Updated Date : 01/31/2021 at 03:10
CONSTRUCTION
- Beds : 4
- Floor Size : 2,050 sqft
- Baths : 2 full , 1 half
Listing Agent
Crestmark Realty Group Llc
Listing Agent's Description
4 BEDROOM 2.5 BATH - ACROSS FROM THE PARK AREA - FORMAL LIVING - FORMAL DINING - FAMILY ROOM - KITCHEN HAS BLACK APPLIANCES, BUILT-IN MICROWAVE, PANTRY AND LOTS OF CABINET SPACE - ALL BEDROOMS UPSTAIRS - GRASSY AREA BACK YARD - FRUIT TREES - COVERED PATIO currently leased till June 2021open house Saturday 11 am to 1.30 pm
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PRICE & RENT TRENDS
Neighborhood: Park Rose
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Park Rose
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,670 |
| EXPENSES | Loan Payment | -$1,181 |
| Property Tax | -$249 | |
| Property Insurance | -$67 | |
| HOA | -$55 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$19
|
||
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.
$340,000
PROJECTED PRICE
$1,670
PROJECTED RENT
0.49%
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
$95,850
LOAN DETAILS
$1,181
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $85,000 |
| Loan Amount | $255,000 |
5.42
YEARS SAVED
$19,562
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,670
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,661
COMP ESTIMATED VALUE -
$0.81
COMP AVG. RENT PER SQFT
Comps Range
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7635 W Charter Oak Road Peoria, AZ 2
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- Rent
- Rent Per SQFT
- $1,670
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7639 W Sunnyside Drive Peoria, AZ 1
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LEASED 10/08/19- Rent
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- $1,625
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8129 W Laurel Lane Peoria, AZ 3
- 4 beds 2 baths ∙ 2,143 Sqft ∙ Built 1998 4 beds 2 baths ∙ 2,143 Sqft ∙ Built 1998
LEASED 10/16/19- Rent
- Rent Per SQFT
- $1,695
- $0.79
-
7527 W Sweetwater Avenue Peoria, AZ 4
- 3 beds 2 baths ∙ 1,945 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,945 Sqft ∙ Built 1991
LEASED 10/15/19- Rent
- Rent Per SQFT
- $1,725
- $0.89
-
8004 W Eugie Avenue Peoria, AZ 5
- 4 beds 3 baths ∙ 2,337 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,337 Sqft ∙ Built 1994
LEASED 05/27/20- Rent
- Rent Per SQFT
- $1,895
- $0.81
PROPERTY LISTING DETAILS
Crestmark Realty Group Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187426
Last Updated: 01/31/2021
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.
