Great location - 5 miles from TSMC
Peoria, AZ 85382
3bd • 2ba • Built: 2000
Rent range $1800 - $2000
| Estimated Square Feet | 1,548 | | Initial Market Value | $339,900 | | Price | $339,900 | | Downpayment | $339,900 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $0 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $339,900 | | Cost per Square Foot / per Bedroom | $220 / $113,300 | | Monthly Rent per SQFT / per Bedroom | $1.23 / $633 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,900 | $22,800 | | Vacancy Losses | ($152) | ($1,824) | | Operating Income | $1,748 | $20,976 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($142) | ($1,700) | | Insurance | ($85) | ($1,020) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($67) | ($804) | | Maintenance | ($38) | ($456) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($332) | ($3,979) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,416 | $16,997 | | - Mortgage Payments | $0 | $0 | | = Cash Flow | $1,416 | $16,997 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $0 | $0 | | + One Year Appreciation | $1,700 | $20,394 | | = Gross Equity Income | $3,116 | $37,391 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | N/A | N/A | | Loan Amount | N/A | N/A | | Monthly Payment | N/A | N/A | | Loan Type | N/A | N/A | | Term | N/A | N/A | | Nominal / Real Interest Rate | N/A | N/A | | Monthly PMI | N/A | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.6% | | Debt Coverage Ratio | N/A | | Annual Gross Rent Multiplier | 15 | | Capitalization Rate | 5.0% | | Cash on Cash Return | 5% | | Return on Investment | 11% | | Return on Investment with IIDD | 11% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6.0% | | Projected Inflation Rate | 3.0% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
| Comments |
|---|
| Community pool, spa, clubhouse, tennis courts, workout facility, & more. Backyard includes fruit trees & property has solar panels, very attractive for tenants. *asking price $359k |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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