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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $200.39
- 3 Days on Market
- MLS # : 6165267
- Updated Date : 11/27/2020 at 11:21
CONSTRUCTION
- Beds : 4
- Floor Size : 2,295 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Tucked into the enclave of Westwing Mountain, your new home is the sanctuary you're seeking. Light & bright, w plantation shutters & custom iron doors at front & rear, you can enjoy the breeze from front to back. Low maintenance xeriscape landscape welcomes you beyond the designer gate to the entry courtyard, a perfect spot for your morning coffee. Inside, there's room for work, play & the day to day with w formal living & dining rooms + den & powder room situated near the front of the home. The chef's kitchen w dining nook, center island & breakfast bar open to the great room serve as the heart of the home. Show off your culinary skills while commanding over stunning custom antique-finished staggered cabinets, walk in pantry, double ovens & polished granite counters & backsplash. **More**
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PRICE & RENT TRENDS
Neighborhood: Westwing Mountain
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Westwing Mountain
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,970 |
| EXPENSES | Loan Payment | -$1,697 |
| Property Tax | -$327 | |
| Property Insurance | -$72 | |
| HOA | -$20 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$245
|
||
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.
$459,900
PROJECTED PRICE
$1,970
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 2.4% |
| 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
$127,624
LOAN DETAILS
$1,697
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $114,975 |
| Loan Amount | $344,925 |
2.75
YEARS SAVED
$11,920
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,077
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
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- $0
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8475 W Bajada Road Peoria, AZ 2
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LEASED 02/14/20- Rent
- Rent Per SQFT
- $1,800
- $0.82
-
27121 N 84th Drive Peoria, AZ 3
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LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,900
- $0.86
-
26913 N 83rd Drive Peoria, AZ 4
- 3 beds 2 baths ∙ 2,147 Sqft ∙ Built 2003 3 beds 2 baths ∙ 2,147 Sqft ∙ Built 2003
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LEASED 04/06/20- Rent
- Rent Per SQFT
- $1,995
- $0.93
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26449 N 84th Drive Peoria, AZ 5
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![property image]()
LEASED 09/11/20- Rent
- Rent Per SQFT
- $2,195
- $1.01
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165267
Last Updated: 11/27/2020
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.
