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PROPERTY INFO
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.
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PRICE & RENT TRENDS
Neighborhood: Dove Valley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Dove Valley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$108,835
LOAN DETAILS
$1,435
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $97,250 |
| Loan Amount | $291,750 |
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.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,924
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
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
Russ Lyon Sotheby's International Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165525
Last Updated: 11/28/2020
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.
