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9339 W Cashman Drive Peoria, AZ 85383

4 Beds 3 Baths 3,318 sqft Built 2016

$877,000

List Price

$2,610

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $264.32
  • 2 Days on Market
  • MLS # : 6205516
  • Updated Date : 03/13/2021 at 18:52
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,318 sqft
  • Baths : 2 full , 1 half
Listing Agent

Prestige Realty

Listing Agent's Description

This exquisite home has all the upgrades as no detail was overlooked. Features the latest design elements with gorgeous finishes thru-out, offering unparalleled luxury living open floor plan. Rarely is elegance so tastefully married to comfort & the modern lifestyle we all want to live.The grand entrance leads to sophisticated living space overflowing with custom accents. Prepare gourmet meals in the chef's kitchen, w/ double oven, plenty of cabinet space, a spacious walk-in pantry, and quartz waterfall oversized island with breakfast bar overlooking great room. Master suite is fabulous, walk in closet with custom cabinets. All the bathrooms boost the beautiful tiles with a fine taste.

SEE MORE

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
 

$789,300$964,700$877,000

PURCHASE PRICE

$2,349$2,871$2,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,610
EXPENSES Loan Payment -$3,046
Property Tax -$520
Property Insurance -$92
HOA -$80
Property Management Fees -$99
CASH FLOW
-$1,226

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.

$877,000

PROJECTED PRICE

$2,610

PROJECTED RENT

0.30%

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-$20k-$15k-$10k-$5.0k$0.0$5.0k

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$238,155

INVESTMENT

$238,155

Down Payment
$219,250
Rehab Estimate
$5,750
Closing Costs
$13,155

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,046

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $219,250
Loan Amount $657,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$94

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,610

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $2,688

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$2,395
1$2,3952$2,4953$2,610
$2,610
RENT COMPS ANALYSIS
  • 9339 W Cashman Drive Peoria, AZ 3
    • 4 beds 3 baths ∙ 3,318 Sqft ∙ Built 2016 4 beds 3 baths ∙ 3,318 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,610
    • $0.79
    •  
  • 9950 W Via Del Sol -- Peoria, AZ 1
    • 4 beds 4 baths ∙ 2,974 Sqft ∙ Built 2014 4 beds 4 baths ∙ 2,974 Sqft ∙ Built 2014
    LEASED 06/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.81
    •  
  • 10442 W Los Gatos Drive Peoria, AZ 2
    • 4 beds 3 baths ∙ 3,098 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,098 Sqft ∙ Built 2006
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $0.81
    •  
PROPERTY LISTING DETAILS
Adrian Regus
Prestige Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6205516
Last Updated: 03/13/2021
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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