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9137 W Mary Ann Drive Peoria, AZ 85382

4 Beds 3 Baths 2,144 sqft Built 2001

$389,000

List Price

$1,770

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $181.44
  • 2 Days on Market
  • MLS # : 6165525
  • Updated Date : 11/28/2020 at 03:19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,144 sqft
  • Baths : 3 full
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Beautiful Pool Home located in the desirable Dove Valley Ranch on a corner south facing lot near great shopping, Restaurants, convenient freeway access, parks, and the highly rated Peoria school district. All the boxes are checked, spotless interior from top to bottom. The layout flows nicely with soaring ceilings, casual Living room and Dining Room Combination along with a Family Great Room. A Spacious Kitchen area complete with stainless steel appliances, updated flooring, neutral color palette throughout for any interior style. All 4 bedrooms are generous sized, with 3 full baths. An added plus -one bedroom and full bath downstairs for guests or private office. Outside you will find a sparkling pool and an assortment of fruit trees.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Dove Valley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Dove Valley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Coyote Hills Elementary School Primary Regular 867 41 8
Coyote Hills Elementary School Middle Regular 867 41 8
Sunrise Mountain High School High Regular 1,675 72 7

Coyote Hills Elementary School

  • Education Level: Primary
  • # of students: 867
  • # of teachers: 41
8
GreatSchools Rating

Coyote Hills Elementary School

  • Education Level: Middle
  • # of students: 867
  • # of teachers: 41
8
GreatSchools Rating

Sunrise Mountain High School

  • Education Level: High
  • # of students: 1,675
  • # of teachers: 72
7
GreatSchools Rating
 

$350,100$427,900$389,000

PURCHASE PRICE

$1,593$1,947$1,770

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,770
EXPENSES Loan Payment -$1,435
Property Tax -$268
Property Insurance -$69
HOA -$45
Property Management Fees -$99
CASH FLOW
-$146

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.

$389,000

PROJECTED PRICE

$1,770

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.2%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

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$108,835

INVESTMENT

$108,835

Down Payment
$97,250
Rehab Estimate
$5,750
Closing Costs
$5,835

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,435

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $97,250
Loan Amount $291,750
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$13,929

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
  • $1,924

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6953$1,9504$1,9955$1,999
$1,999
RENT COMPS ANALYSIS
  • 9137 W Mary Ann Drive Peoria, AZ 1
    • 4 beds 3 baths ∙ 2,144 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,144 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9632 W Mary Ann Drive Peoria, AZ 2
    • 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1998
    property image
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.83
    •  
  • 20870 N 91st Drive Peoria, AZ 3
    • 3 beds 2 baths ∙ 2,173 Sqft ∙ Built 2000 3 beds 2 baths ∙ 2,173 Sqft ∙ Built 2000
    property image
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.90
    •  
  • 20277 N 93rd Avenue Peoria, AZ 4
    • 4 beds 2 baths ∙ 2,107 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,107 Sqft ∙ Built 2000
    property image
    LEASED 09/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.95
    •  
  • 21262 N 91st Lane Peoria, AZ 5
    • 4 beds 3 baths ∙ 2,202 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,202 Sqft ∙ Built 1999
    property image
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,999
    • $0.91
    •  
PROPERTY LISTING DETAILS
Trisha L Junion
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165525
Last Updated: 11/28/2020
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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