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8467 W Bajada Road Peoria, AZ 85383

5 Beds 3 Baths 2,409 sqft Built 2004

$429,900

List Price

$2,070

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $178.46
  • 4 Days on Market
  • MLS # : 6199128
  • Updated Date : 02/27/2021 at 20:51
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,409 sqft
  • Baths : 2 full , 1 half
Listing Agent

Amp Real Estate

Listing Agent's Description

Comments to come..........

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Westwing Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400kPrice in $122k436k

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

Neighborhood: Westwing Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10452176

* 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
 

$386,910$472,890$429,900

PURCHASE PRICE

$1,863$2,277$2,070

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,070
EXPENSES Loan Payment -$1,493
Property Tax -$305
Property Insurance -$74
HOA -$21
Property Management Fees -$99
CASH FLOW
$78

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.

$429,900

PROJECTED PRICE

$2,070

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$119,674

INVESTMENT

$119,674

Down Payment
$107,475
Rehab Estimate
$5,750
Closing Costs
$6,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,493

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $107,475
Loan Amount $322,425
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$30,437

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
  • $2,252

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8953$1,9504$2,3505$2,850
$2,850
RENT COMPS ANALYSIS
  • 8467 W Bajada Road Peoria, AZ 1
    • 5 beds 3 baths ∙ 2,409 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,409 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8351 W Rosewood Lane Peoria, AZ 2
    • 4 beds 2 baths ∙ 2,379 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,379 Sqft ∙ Built 2003
    property image
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.80
    •  
  • 8678 W Bajada Road Peoria, AZ 3
    • 4 beds 2 baths ∙ 2,297 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,297 Sqft ∙ Built 2003
    property image
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.85
    •  
  • 27780 N 90th Lane Peoria, AZ 4
    • 5 beds 3 baths ∙ 2,322 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,322 Sqft ∙ Built 2005
    property image
    LEASED 02/12/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.01
    •  
  • 8468 W Maya Drive Peoria, AZ 5
    • 4 beds 3 baths ∙ 2,640 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,640 Sqft ∙ Built 2003
    property image
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.08
    •  
PROPERTY LISTING DETAILS
Aaron Sanchez
Amp Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199128
Last Updated: 02/27/2021
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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