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9511 W Menadota Drive 
Peoria, AZ
85382
2 Beds 2 Baths 2,147 sqft
Built 1989
INVESTimate
$339,000
List Price
$95,585
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PROPERTY INFO
FACTS
- Built In 1989
- Price/Sqft : $157.89
- 1 Days on Market
- MLS # : 6122627
- Updated Date : 08/25/2020 at 22:23
CONSTRUCTION
- Beds : 2
- Floor Size : 2,147 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
FABULOUS opportunity to update this spacious Westbrook Village Santa Barbara model on a premium golf course lot w/amazing views, sunsets & low maintenance landscaping. HUGE 10,500+ lot. Upon entering this 2147 square foot home you will see a formal living room to the right and formal dining room to the left. This takes you to the large family room with a wet bar, into the kitchen w/corian tops, featuring an eat in breakfast nook and bay window where you can have your morning coffee with incredible views of the golf course. Master bedroom has a separate exit to the very large covered patio that provides a tremendous amount of shade. Master bath has a separate shower and garden tub/window. Huge walk-in closet with custom shelving. 2nd bedroom is generously sized. Shutters throughout
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PRICE & RENT TRENDS
Neighborhood: Mountain Park Estates at Westbrook Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Mountain Park Estates at Westbrook Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,650 |
| EXPENSES | Loan Payment | -$1,251 |
| Property Tax | -$214 | |
| Property Insurance | -$69 | |
| HOA | -$54 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$36
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$339,000
PROJECTED PRICE
$1,650
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 5.90% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$95,585
LOAN DETAILS
$1,251
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $84,750 |
| Loan Amount | $254,250 |
5.17
YEARS SAVED
$21,015
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
-
$1,653
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
-
9511 W Menadota Drive Peoria, 1
- 2 beds 2 baths ∙ 2,147 Sqft ∙ Built 1989 2 beds 2 baths ∙ 2,147 Sqft ∙ Built 1989
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
10122 W Willow Creek Circle Sun City, 2
- 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977
![property image]()
LEASED 07/01/19- Rent
- Rent Per SQFT
- $1,375
- $0.75
-
9459 W Behrend Drive Peoria, 3
- 2 beds 2 baths ∙ 1,910 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,910 Sqft ∙ Built 1986
![property image]()
LEASED 04/01/19- Rent
- Rent Per SQFT
- $1,450
- $0.76
-
9202 W Behrend Drive Peoria, 4
- 2 beds 2 baths ∙ 1,836 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,836 Sqft ∙ Built 1989
![property image]()
LEASED 03/18/20- Rent
- Rent Per SQFT
- $1,450
- $0.79
-
9760 W Kimberly Way Peoria, 5
- 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984
![property image]()
LEASED 02/15/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122627
Last Updated: 08/25/2020
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.
