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8527 W Peppertree Lane Glendale, AZ 85305

3 Beds 2 Baths 1,862 sqft Built 2017

$339,900

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 2017
  • Price/Sqft : $182.55
  • 6 Days on Market
  • MLS # : 6155554
  • Updated Date : 11/07/2020 at 10:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,862 sqft
  • Baths : 2 full
Listing Agent

Re/max Professionals

Listing Agent's Description

Attention investors! Beautiful upgraded newer built home with open split floor plan. Granite in kitchen, oversized island with pendent lighting, stainless steel appliances, pantry with multi-side door. Recessed lighting in great room. Ceiling fans in every room. Backyard with covered patio, landscaping and synthetic grass. Seller needs to rent home back from buyer until approximately June 2021

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Yucca

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Yucca

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8491567

* 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
Desert Mirage Elementary School Primary Regular 642 30 5
Desert Mirage Elementary School Middle Regular 642 30 5
Copper Canyon High School High Regular 2,251 82 1

Desert Mirage Elementary School

  • Education Level: Primary
  • # of students: 642
  • # of teachers: 30
5
GreatSchools Rating

Desert Mirage Elementary School

  • Education Level: Middle
  • # of students: 642
  • # of teachers: 30
5
GreatSchools Rating

Copper Canyon High School

  • Education Level: High
  • # of students: 2,251
  • # of teachers: 82
1
GreatSchools Rating
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$1,254
Property Tax -$272
Property Insurance -$63
HOA -$115
Property Management Fees -$99
CASH FLOW
-$294

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.

$339,900

PROJECTED PRICE

$1,510

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$2,852

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
  • $1,550

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5003$1,6504$1,7005$1,850
$1,850
RENT COMPS ANALYSIS
  • 8527 W Peppertree Lane Glendale, AZ 1
    • 3 beds 2 baths ∙ 1,862 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,862 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6745 N 93rd Avenue #1137 Glendale, AZ 2
    • 3 beds 3 baths ∙ 1,784 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,784 Sqft ∙ Built 2008
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.84
    •  
  • 6120 N 86th Drive Glendale, AZ 3
    • 4 beds 2 baths ∙ 1,931 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,931 Sqft ∙ Built 2000
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.85
    •  
  • 8809 W Palmaire Avenue Glendale, AZ 4
    • 3 beds 2 baths ∙ 2,192 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,192 Sqft ∙ Built 2004
    LEASED 07/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.78
    •  
  • 7226 N 84th Drive Glendale, AZ 5
    • 3 beds 2 baths ∙ 2,143 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,143 Sqft ∙ Built 2005
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.86
    •  
PROPERTY LISTING DETAILS
Sheri Lynn Mcbroom
Re/max Professionals
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155554
Last Updated: 11/07/2020
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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