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9143 W Hatfield Road Peoria, AZ 85383

4 Beds 2 Baths 2,885 sqft Built 1983

$700,000

List Price

$2,250

$2K - $2.5K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1983
  • Price/Sqft : $242.63
  • 2 Days on Market
  • MLS # : 6159150
  • Updated Date : 11/14/2020 at 02:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,885 sqft
  • Baths : 2 full
Listing Agent

Dpr Realty Llc

Listing Agent's Description

Stop the car! This custom home is situated on over an acre of land with horse privileges! This beautiful home is a sprawling single level with southwestern flare. This home has so much to offer and is located in one of the most highly sought after custom home neighborhoods in north Peoria. The custom pool and spa with water feature will surely wow you! Perfect for entertaining, come enjoy the sunken ramada with tv, speakers, built in bbq, side burner and fridge! Enjoy evenings outside with the wood burning fireplace. Or gaze at the stars on the rooftop deck up the spiral staircase. This home has so much to offer and won't last!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Mesquite

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k403k

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

Neighborhood: Mesquite

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10452293

* 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
Frontier Elementary School Primary Regular 944 44 9
Frontier Elementary School Middle Regular 944 44 9
Sunrise Mountain High School High Regular 1,675 72 7

Frontier Elementary School

  • Education Level: Primary
  • # of students: 944
  • # of teachers: 44
9
GreatSchools Rating

Frontier Elementary School

  • Education Level: Middle
  • # of students: 944
  • # of teachers: 44
9
GreatSchools Rating

Sunrise Mountain High School

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

$630,000$770,000$700,000

PURCHASE PRICE

$2,025$2,475$2,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,250
EXPENSES Loan Payment -$2,583
Property Tax -$381
Property Insurance -$83
Property Management Fees -$99
CASH FLOW
-$896

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.

$700,000

PROJECTED PRICE

$2,250

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 3.8%
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$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$191,250

INVESTMENT

$191,250

Down Payment
$175,000
Rehab Estimate
$5,750
Closing Costs
$10,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,583

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $175,000
Loan Amount $525,000
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$645

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
  • $2,258

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2503$2,3494$2,4005$2,500
$2,500
RENT COMPS ANALYSIS
  • 9143 W Hatfield Road Peoria, AZ 1
    • 4 beds 2 baths ∙ 2,885 Sqft ∙ Built 1983 4 beds 2 baths ∙ 2,885 Sqft ∙ Built 1983
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 8503 W Coyote Drive Peoria, AZ 2
    • 4 beds 3 baths ∙ 3,007 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,007 Sqft ∙ Built 2003
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.75
    •  
  • 8611 W Alex Avenue Peoria, AZ 3
    • 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,050 Sqft ∙ Built 1998
    LEASED 11/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,349
    • $0.77
    •  
  • 8614 W Briles Road Peoria, AZ 4
    • 3 beds 3 baths ∙ 3,004 Sqft ∙ Built 2003 3 beds 3 baths ∙ 3,004 Sqft ∙ Built 2003
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.80
    •  
  • 26902 N 83rd Glen Peoria, AZ 5
    • 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,097 Sqft ∙ Built 2003
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.81
    •  
PROPERTY LISTING DETAILS
Kristie Phelps
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159150
Last Updated: 11/14/2020
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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