Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $214.31
- 2 Days on Market
- MLS # : 6190788
- Updated Date : 02/06/2021 at 12:24
CONSTRUCTION
- Beds : 3
- Floor Size : 1,726 sqft
- Baths : 2 full , 1 half
Listing Agent
Exp Realty
Listing Agent's Description
Gorgeous Peoria home available in an amazing location, corner lot just minutes away from Westgate, Cardinals Stadium, Desert Dimond Casino, Topgolf 101 freeway and so much more! Tri-level home on corner lot w/ expanded concrete slab driveway. Enter into the spacious formal living room with wood floors and a bright interior with soaring ceilings. This home has tile in all the right places. Stylish kitchen where you can cook and entertain your family and guest. Three good-sized bedroom upstairs. New Roof installed in 2018. Amazing outdoor entertaining space is complete with covered patio, and sparkling pool. It's the perfect spot to enjoy Arizona outdoors. Do not miss out. Schedule your private showings today!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: New River Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: New River Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,560 |
EXPENSES | Loan Payment | -$1,285 |
Property Tax | -$201 | |
Property Insurance | -$61 | |
HOA | -$7 | |
Property Management Fees | -$99 | |
CASH FLOW
-$92
|
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.
$369,900
PROJECTED PRICE
$1,560
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.32% |
Appreciation Year (1-5) | 9.8% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.56% |
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
$103,774
LOAN DETAILS
$1,285
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $92,475 |
Loan Amount | $277,425 |
4.25
YEARS SAVED
$15,006
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
-
$1,575
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Exp Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6190788
Last Updated: 02/06/2021

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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.