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9725 W Tonopah Drive Peoria, AZ 85382

3 Beds 2 Baths 1,667 sqft Built 1997

$355,000

List Price

$1,480

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 17, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $212.96
  • 5 Days on Market
  • MLS # : 6204041
  • Updated Date : 03/19/2021 at 19:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,667 sqft
  • Baths : 2 full
Listing Agent

Hague Partners

Listing Agent's Description

72 Hour Home Sale! POOL! 3 bedroom 2 bathroom home. Great location. This home has lots of tile LARGE master bedroom. The master bathroom features tile vanity, double sinks and a LARGE tile shower. Open and spacious living with Vaulted ceilings, Kitchen has LARGE island, Granite Countertops, SS appliances all CONVEY! Walk in Pantry, with barn door, plenty of cabinet space, and tons of counter space. Roomy Backyard with your own lemon tree, and check out the POOL just in time for our soon-to-be-here Arizona summer with newer pump & equipment! Relax under the cool shady covered porch area or enjoy the flagstone patio. You will love being close to shopping and dining. Call LA to schedule a showing.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Parkridge

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300kPrice in $109k306k

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

Neighborhood: Parkridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700Rent in $10181793

* 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
Sunrise Mountain High School High Regular 1,675 72 7
Sunrise Mountain High School High Unknown NA

Sunrise Mountain High School

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

Sunrise Mountain High School

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

$319,500$390,500$355,000

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$1,233
Property Tax -$245
Property Insurance -$60
HOA -$5
Property Management Fees -$99
CASH FLOW
-$162

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.

$355,000

PROJECTED PRICE

$1,480

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$99,825

INVESTMENT

$99,825

Down Payment
$88,750
Rehab Estimate
$5,750
Closing Costs
$5,325

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,233

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $88,750
Loan Amount $266,250
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$9,543

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,480

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,488

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,480
1$1,4802$1,4953$1,4954$1,5505$1,595
$1,595
RENT COMPS ANALYSIS
  • 9725 W Tonopah Drive Peoria, AZ 1
    • 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $1,480
    • $0.89
    •  
  • 20493 N 94th Avenue Peoria, AZ 2
    • 3 beds 2 baths ∙ 1,692 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,692 Sqft ∙ Built 2001
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.88
    •  
  • 9335 W Harmony Lane Peoria, AZ 3
    • 4 beds 2 baths ∙ 1,762 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,762 Sqft ∙ Built 2000
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.85
    •  
  • 21120 N 92nd Lane Peoria, AZ 4
    • 3 beds 2 baths ∙ 1,762 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,762 Sqft ∙ Built 2000
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.88
    •  
  • 9625 W Tonopah Drive Peoria, AZ 5
    • 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1998
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.96
    •  
PROPERTY LISTING DETAILS
Susan Reynolds
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6204041
Last Updated: 03/19/2021
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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