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7912 W Quail Track Drive Peoria, AZ 85383

4 Beds 4 Baths 3,273 sqft Built 2013

$595,000

List Price

$2,430

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

January 31, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $181.79
  • 1 Days on Market
  • MLS # : 6188008
  • Updated Date : 01/31/2021 at 01:10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,273 sqft
  • Baths : 3 full , 1 half
Listing Agent

Az Cornerstone Realty, Llc

Listing Agent's Description

2 Master Suites with Deluxe Bathrooms and Spacious Walk In Closets. Both on the Ground Level! Expansive Great Room with a Gourmet Kitchen. Work from Home Office. Loft upstairs can be used as Game Room, Children Play area or both. Backyard Patio with HUGE ALUMAWOOD covered Sunshade Awning. Great for Entertaining or just Relaxing after a Hard Day at the Office. This home also has Gutters installed to provide extra protection when it rains.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rock Springs

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400kPrice in $99k428k

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

Neighborhood: Rock Springs

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10452281

* 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
Sandra Day O'connor High School High Regular 2,481 108 6

Sandra Day O'connor High School

  • Education Level: High
  • # of students: 2,481
  • # of teachers: 108
6
GreatSchools Rating
 

$535,500$654,500$595,000

PURCHASE PRICE

$2,187$2,673$2,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,430
EXPENSES Loan Payment -$2,067
Property Tax -$384
Property Insurance -$91
HOA -$65
Property Management Fees -$99
CASH FLOW
-$275

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.

$595,000

PROJECTED PRICE

$2,430

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 1.6%
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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$163,425

INVESTMENT

$163,425

Down Payment
$148,750
Rehab Estimate
$5,750
Closing Costs
$8,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,067

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $148,750
Loan Amount $446,250
See What Happens When You Reinvest Cash Flow

2.83

YEARS SAVED

$13,506

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
  • $2,602

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2503$2,4004$2,5005$2,700
$2,700
RENT COMPS ANALYSIS
  • 7912 W Quail Track Drive Peoria, AZ 1
    • 4 beds 4 baths ∙ 3,273 Sqft ∙ Built 2013 4 beds 4 baths ∙ 3,273 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8503 W Coyote Drive Peoria, AZ 2
    • 4 beds 3 baths ∙ 3,007 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,007 Sqft ∙ Built 2003
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.75
    •  
  • 8614 W Briles Road Peoria, AZ 3
    • 3 beds 3 baths ∙ 3,004 Sqft ∙ Built 2003 3 beds 3 baths ∙ 3,004 Sqft ∙ Built 2003
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.80
    •  
  • 7531 W Andrea Drive Peoria, AZ 4
    • 4 beds 3 baths ∙ 3,207 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,207 Sqft ∙ Built 2006
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.78
    •  
  • 7315 W Briles Road Peoria, AZ 5
    • 5 beds 4 baths ∙ 3,190 Sqft ∙ Built 2002 5 beds 4 baths ∙ 3,190 Sqft ∙ Built 2002
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.85
    •  
PROPERTY LISTING DETAILS
Michael Konieczki
Az Cornerstone Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188008
Last Updated: 01/31/2021
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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