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7673 W Bloomfield Road Peoria, AZ 85381

5 Beds 3 Baths 2,228 sqft Built 2010

$339,900

List Price

$1,760

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

December 01, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $152.56
  • 6 Days on Market
  • MLS # : 6162148
  • Updated Date : 12/03/2020 at 13:29
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,228 sqft
  • Baths : 3 full
Listing Agent

Realty One Group

Listing Agent's Description

Check Out 3D Matterport Virtual Walking Tour in Pics Section - Beautiful 5 Bedroom, 3 Bath, Single Level Home Located in Desired Park Rose Community, Open Kitchen w/Custom Cabinets & Granite Countertops, Kitchen Island w/Breakfast Bar, Appliances Included, Eat-In Kitchen Dining Room, Spacious Great Room, Master Bedroom w/Walk-In Closet, Master Bathroom w/Dual Sinks & Walk-In Shower, 5th Bedroom Can Be Used as Bedroom/Den/Playroom/Office, Professionally Landscaped Front & Backyard, Covered Backyard Patio, 2 Car Garage, 10 FT RV Gate w/Plenty of Room for Parking, North/South Exposure, Come Check It Out!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Park Rose

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Park Rose

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
Oasis Elementary School Primary Regular 803 38 7
Oasis Elementary School Middle Regular 803 38 7
Centennial High School High Regular 2,096 85 6

Oasis Elementary School

  • Education Level: Primary
  • # of students: 803
  • # of teachers: 38
7
GreatSchools Rating

Oasis Elementary School

  • Education Level: Middle
  • # of students: 803
  • # of teachers: 38
7
GreatSchools Rating

Centennial High School

  • Education Level: High
  • # of students: 2,096
  • # of teachers: 85
6
GreatSchools Rating
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,584$1,936$1,760

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,760
EXPENSES Loan Payment -$1,254
Property Tax -$249
Property Insurance -$71
HOA -$55
Property Management Fees -$99
CASH FLOW
$33

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.

$339,900

PROJECTED PRICE

$1,760

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$25,244

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
  • $1,782

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6253$1,6954$1,7505$1,895
$1,895
RENT COMPS ANALYSIS
  • 7673 W Bloomfield Road Peoria, AZ 1
    • 5 beds 3 baths ∙ 2,228 Sqft ∙ Built 2010 5 beds 3 baths ∙ 2,228 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 7639 W Sunnyside Drive Peoria, AZ 2
    • 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 1993 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 1993
    LEASED 10/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.75
    •  
  • 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
    •  
  • 7635 W Charter Oak Road Peoria, AZ 4
    • 4 beds 3 baths ∙ 2,050 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,050 Sqft ∙ Built 2010
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.85
    •  
  • 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
Adam Hamblen
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162148
Last Updated: 12/03/2020
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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