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PROPERTY INFO
FACTS
- Single Family
- Built In 1990
- Price/Sqft : $170.94
- 3 Days on Market
- MLS # : 6163859
- Updated Date : 11/27/2020 at 12:28
CONSTRUCTION
- Beds : 2
- Floor Size : 2,106 sqft
- Baths : 2 full , 1 half
Listing Agent
Russ Lyon Sotheby's International Realty
Listing Agent's Description
Wonderful Westbrook Home! Lovingly Cared For Home-Pinnacle Peak model with Extended Master Bedroom and Extended Indoor Laundry. Two Bedroom. Two and a Half Baths. Double Door Entry with Large Foyer opens to the Generously Sized Living Room and Dining Room. Vaulted Ceilings and Triple Pane Glass Slider lend Plenty of Light. Open Concept Living in the Family Room and Kitchen. Enjoy the Sweet Fireplace while Preparing Meals and Visiting with Family. Charming Bay Window Kitchen Nook, Granite Counters, Kitchen Island, Roll Out Shelves, Pantry and Stainless Steel Refrigerator round out the space. Indoor Laundry room with Cabinets, Laundry Sink, Washer, Dryer and Upright Freezer Included! Extended Master Bedroom. Large Covered Patio. Newer AC 2015. Two Community Golf Courses, Pools, etc!
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PRICE & RENT TRENDS
Neighborhood: Pineridge at Westbrook Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pineridge 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 | $1,600 |
| EXPENSES | Loan Payment | -$1,328 |
| Property Tax | -$196 | |
| Property Insurance | -$68 | |
| HOA | -$5 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$96
|
||
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.
$360,000
PROJECTED PRICE
$1,600
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.9% |
| 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
$101,150
LOAN DETAILS
$1,328
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $90,000 |
| Loan Amount | $270,000 |
4.42
YEARS SAVED
$18,431
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
-
$1,627
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
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9113 W Oraibi Drive Peoria, AZ 1
- 2 beds 3 baths ∙ 2,106 Sqft ∙ Built 1990 2 beds 3 baths ∙ 2,106 Sqft ∙ Built 1990
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10122 W Willow Creek Circle Sun City, AZ 2
- 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977
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LEASED 07/01/19- Rent
- Rent Per SQFT
- $1,375
- $0.75
-
19826 N Concho Circle Sun City, AZ 3
- 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977
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LEASED 08/01/19- Rent
- Rent Per SQFT
- $1,400
- $0.77
-
9202 W Behrend Drive Peoria, AZ 4
- 2 beds 2 baths ∙ 1,836 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,836 Sqft ∙ Built 1989
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LEASED 03/18/20- Rent
- Rent Per SQFT
- $1,450
- $0.79
-
9760 W Kimberly Way Peoria, AZ 5
- 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984
![property image]()
LEASED 02/15/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
PROPERTY LISTING DETAILS
Russ Lyon Sotheby's International Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6163859
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.
