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9226 W Los Gatos Drive Peoria, AZ 85383

4 Beds 4 Baths 3,571 sqft Built 2016

$829,900

List Price

$2,780

$2.5K - $3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $232.40
  • 1 Days on Market
  • MLS # : 6262755
  • Updated Date : 07/13/2021 at 16:26
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,571 sqft
  • Baths : 3 full , 1 half
Listing Agent

Hague Partners

Listing Agent's Description

This gently lived in, meticulously maintained and loved home is truly a jewel in the highly desirable Meadows. Inside you'll find a pristine, open kitchen with staggered white linen cabinets, gourmet gas cooktop, granite counters and views to the beautiful back yard oasis. In addition to four bedrooms and a den/office is a formal living/ dining area, eat in kitchen and walk-in pantry. The open floorplan features a 12' ceiling great room, 8' interior doors, tiled walk-in shower with bench at the master bath, coffered ceilings and wood look plank tile. Plantation shutters add luxury while keeping the home cool in the summer months. Spend time on the extended patio with lovely travertine pavers overlooking the sparkling pool, built in fire pit, and putting green. Plenty of parking for the

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PRICE & RENT TRENDS

Neighborhood: Camino Lago

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400kPrice in $93k449k

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

Neighborhood: Camino Lago

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10452237

* 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
Liberty High School High Regular 2,141 93 6
Liberty High School High Unknown NA

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$746,910$912,890$829,900

PURCHASE PRICE

$2,502$3,058$2,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,780
EXPENSES Loan Payment -$2,883
Property Tax -$538
Property Insurance -$97
HOA -$80
Property Management Fees -$99
CASH FLOW
-$916

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.

$829,900

PROJECTED PRICE

$2,780

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.9%
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$500k$1.0M$1.5M$2.0M

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$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$225,674

INVESTMENT

$225,674

Down Payment
$207,475
Rehab Estimate
$5,750
Closing Costs
$12,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,883

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $207,475
Loan Amount $622,425
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,042

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,780

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $2,518

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$2,500
1$2,5002$2,5003$2,780
$2,780
RENT COMPS ANALYSIS
  • 9226 W Los Gatos Drive Peoria, AZ 3
    • 4 beds 4 baths ∙ 3,571 Sqft ∙ Built 2016 4 beds 4 baths ∙ 3,571 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,780
    • $0.78
    •  
  • 8151 W Camino De Oro -- Peoria, AZ 1
    • 4 beds 3 baths ∙ 3,329 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,329 Sqft ∙ Built 1999
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.75
    •  
  • 22438 N 101st Avenue Peoria, AZ 2
    • 5 beds 5 baths ∙ 3,784 Sqft ∙ Built 2018 5 beds 5 baths ∙ 3,784 Sqft ∙ Built 2018
    property image
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.66
    •  
PROPERTY LISTING DETAILS
Kerry Gulseth
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6262755
Last Updated: 07/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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