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8105 W Eugie Avenue Peoria, AZ 85381

4 Beds 2 Baths 1,710 sqft Built 1994

$298,000

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 1994
  • Price/Sqft : $174.27
  • 4 Days on Market
  • MLS # : 6156801
  • Updated Date : 11/05/2020 at 16:47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,710 sqft
  • Baths : 2 full
Listing Agent

Venture Rei, Llc

Listing Agent's Description

Check out this stunning 4 bedroom home meticulously cared and move in ready! Upon entry, take note of the open space and natural light as well as a neutral color palette. This gorgeous home offers plenty of space for the whole family and is the perfect spot to host family and friends. Your kitchen is complete with beautiful white cabinets, breakfast bar, and stainless steel appliances. The spacious master suite offers walk-in closet, and private bathroom with a his and hers sink, and separate tub and shower. The large patio is great for hosting and entertaining and an RV Gate and Parking!! Not to mention this home has NO HOA!!! Don't miss out on the opportunity to own this amazing home! Schedule your private showing today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Palo Verde

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Palo Verde

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
 

$268,200$327,800$298,000

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$1,099
Property Tax -$162
Property Insurance -$61
Property Management Fees -$99
CASH FLOW
$119

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.

$298,000

PROJECTED PRICE

$1,540

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 7.1%
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$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$84,720

INVESTMENT

$84,720

Down Payment
$74,500
Rehab Estimate
$5,750
Closing Costs
$4,470

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,099

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $74,500
Loan Amount $223,500
See What Happens When You Reinvest Cash Flow

7.58

YEARS SAVED

$33,504

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,595

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,535
1$1,5352$1,5403$1,5754$1,5995$1,650
$1,650
RENT COMPS ANALYSIS
  • 8105 W Eugie Avenue Peoria, AZ 2
    • 4 beds 2 baths ∙ 1,710 Sqft ∙ Built 1994 4 beds 2 baths ∙ 1,710 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.90
    •  
  • 8749 W Pershing Avenue Peoria, AZ 1
    • 3 beds 3 baths ∙ 1,624 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,624 Sqft ∙ Built 2007
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,535
    • $0.95
    •  
  • 8420 W Wethersfield Road Peoria, AZ 3
    • 3 beds 2 baths ∙ 1,814 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,814 Sqft ∙ Built 1994
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.87
    •  
  • 13405 N 87th Drive Peoria, AZ 4
    • 3 beds 3 baths ∙ 1,624 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,624 Sqft ∙ Built 2007
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.98
    •  
  • 8637 W Aster Drive Peoria, AZ 5
    • 4 beds 2 baths ∙ 1,768 Sqft ∙ Built 1995 4 beds 2 baths ∙ 1,768 Sqft ∙ Built 1995
    LEASED 12/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.93
    •  
PROPERTY LISTING DETAILS
Frank Vazquez
Venture Rei, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156801
Last Updated: 11/05/2020
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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