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PROPERTY INFO
FACTS
- Single Family
- Built In 1994
- Price/Sqft : $187.57
- 13 Days on Market
- MLS # : 6175114
- Updated Date : 01/07/2021 at 22:27
CONSTRUCTION
- Beds : 2
- Floor Size : 2,132 sqft
- Baths : 2 full
Listing Agent
Dpr Realty Llc
Listing Agent's Description
Beautiful 2 bed, 2 bath located in Westbrook Village. An active adult community with many amenities! Enter through the double security doors to a beautiful family room with gorgeous laminate wood floors,vaulted ceilings, and Plantation Shutters. A spacious open floor plan for the kitchen and dining is a great entertaining space! The fabulous kitchen has custom cabinets, beautiful granite counters, SS appliances, breakfast bar seating and pantry cabinets. both bedrooms have the beautiful laminate wood floors. The master has a private entrance, full bath with double vanity, and walk-in closet. The serene backyard has a flagstone covered patio, built-in BBQ, tranquil water feature, and mature foliage. Close to shopping, dining and entertainment in the Arrowhead shopping center.
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PRICE & RENT TRENDS
Neighborhood: Torrey Pines at Westbrook Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Torrey Pines at Westbrook Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,940 |
| EXPENSES | Loan Payment | -$1,389 |
| Property Tax | -$217 | |
| Property Insurance | -$69 | |
| HOA | -$5 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$161
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$399,900
PROJECTED PRICE
$1,940
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| 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
$111,724
LOAN DETAILS
$1,389
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $99,975 |
| Loan Amount | $299,925 |
7.67
YEARS SAVED
$40,068
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
-
$1,734
COMP ESTIMATED VALUE -
$0.81
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 03/18/20- Rent
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- $1,450
- $0.79
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LEASED 11/01/19- Rent
- Rent Per SQFT
- $1,600
- $0.87
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9760 W Kimberly Way Peoria, AZ 4
- 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984
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LEASED 02/15/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
PROPERTY LISTING DETAILS
Dpr Realty Llc
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6175114
Last Updated: 01/07/2021
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.
