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7911 W Emory Lane Peoria, AZ 85383

5 Beds 4 Baths 4,624 sqft Built 2001

$842,021

List Price

$3,630

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $182.10
  • 2 Days on Market
  • MLS # : 6211293
  • Updated Date : 03/27/2021 at 00:20
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,624 sqft
  • Baths : 3 full , 1 half
Listing Agent

A.z. & Associates

Listing Agent's Description

Entering through the gates of Silver Crest at Treasure Canyon is a luxurious experience in itself. This home is located at the end of the cul-de-sac. You know what that means...No through traffic and the wash on the other side of you for ultimate privacy! This Desert Oasis has a heated pool and spa, over $50,000 of landscaping alone and mountain views. The luxurious home boasts 5 large bedrooms, a chefs dream kitchen with endless amounts of counter space and vaulted ceilings that feel cathedral. This is the ultimate family home. The backyard also features an 18 foot outdoor bar and grill, gas firepit and multiple seating areas. The home is also located within the Great Hearts and BASIS Peoria charter school district. Hurry to see this one before it's gone!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Silver Crest at Treasure Canyon

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650kPrice in $122k681k

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

Neighborhood: Silver Crest at Treasure Canyon

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $10453205

* 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
Sunrise Mountain High School High Regular 1,675 72 7
Sunrise Mountain High School High Unknown NA

Sunrise Mountain High School

  • Education Level: High
  • # of students: 1,675
  • # of teachers: 72
7
GreatSchools Rating

Sunrise Mountain High School

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

$757,819$926,223$842,021

PURCHASE PRICE

$3,267$3,993$3,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,630
EXPENSES Loan Payment -$2,925
Property Tax -$458
Property Insurance -$117
HOA -$54
Property Management Fees -$99
CASH FLOW
-$22

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.

$842,021

PROJECTED PRICE

$3,630

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.8%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k$35k

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$228,886

INVESTMENT

$228,886

Down Payment
$210,505
Rehab Estimate
$5,750
Closing Costs
$12,630

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,925

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $210,505
Loan Amount $631,516
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$46,207

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,630

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $3,930

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$2,950
1$2,9502$3,6003$3,6304$4,500
$4,500
RENT COMPS ANALYSIS
  • 7911 W Emory Lane Peoria, AZ 3
    • 5 beds 4 baths ∙ 4,624 Sqft ∙ Built 2001 5 beds 4 baths ∙ 4,624 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $3,630
    • $0.79
    •  
  • 7989 W Redbird Road Peoria, AZ 1
    • 6 beds 5 baths ∙ 4,320 Sqft ∙ Built 2013 6 beds 5 baths ∙ 4,320 Sqft ∙ Built 2013
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $0.68
    •  
  • 22767 N 91st Drive Peoria, AZ 2
    • 4 beds 5 baths ∙ 4,391 Sqft ∙ Built 2019 4 beds 5 baths ∙ 4,391 Sqft ∙ Built 2019
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.82
    •  
  • 25995 N 85th Lane Peoria, AZ 4
    • 5 beds 5 baths ∙ 4,300 Sqft ∙ Built 2003 5 beds 5 baths ∙ 4,300 Sqft ∙ Built 2003
    LEASED 04/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.05
    •  
PROPERTY LISTING DETAILS
Kehaulani Chappell
A.z. & Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6211293
Last Updated: 03/27/2021
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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