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PROPERTY INFO
FACTS
- Single Family
- Built In 1973
- Price/Sqft : $195.65
- 4 Days on Market
- MLS # : 6173564
- Updated Date : 12/31/2020 at 15:45
CONSTRUCTION
- Beds : 2
- Floor Size : 1,886 sqft
- Baths : 2 full
Listing Agent
Exp Realty
Listing Agent's Description
Fantastic opportunity to own this picture perfect home in Sun City, gorgeous Golf Course views. Rear yard is an entertainers dream with built in BBQ and outdorr kitchen. The extended covered patio provides lots of shade and a great space for lounging poolside! This 2 bed, 2 bath home has plenty of living space with Formal LR/DR and a Game Room which opens up to the front courtyard. 2 car garage, full sized laundry room and so much more. Check out this house today.
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PRICE & RENT TRENDS
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,580 |
| EXPENSES | Loan Payment | -$1,361 |
| Property Tax | -$196 | |
| Property Insurance | -$64 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$182
|
||
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.
$369,000
PROJECTED PRICE
$1,580
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 9.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$103,535
LOAN DETAILS
$1,361
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $92,250 |
| Loan Amount | $276,750 |
3.33
YEARS SAVED
$12,160
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,580
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$1,429
COMP ESTIMATED VALUE -
$0.76
COMP AVG. RENT PER SQFT
Comps Range
-
10013 W Pineaire Drive Sun City, AZ 5
- 2 beds 2 baths ∙ 1,886 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,886 Sqft ∙ Built 1973
![property image]()
- Rent
- Rent Per SQFT
- $1,580
- $0.84
-
9930 W Gulf Hills Drive Sun City, AZ 1
- 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1972 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1972
![property image]()
LEASED 01/25/20- Rent
- Rent Per SQFT
- $1,250
- $0.78
-
15602 N 105th Drive Sun City, AZ 2
- 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 1971 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 1971
![property image]()
LEASED 03/29/20- Rent
- Rent Per SQFT
- $1,395
- $0.69
-
17623 N Foothills Drive Sun City, AZ 3
- 2 beds 2 baths ∙ 1,999 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,999 Sqft ∙ Built 1978
![property image]()
LEASED 04/24/20- Rent
- Rent Per SQFT
- $1,400
- $0.70
-
10706 W Pinion Lane Sun City, AZ 4
- 2 beds 2 baths ∙ 1,807 Sqft ∙ Built 1974 2 beds 2 baths ∙ 1,807 Sqft ∙ Built 1974
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,550
- $0.86
PROPERTY LISTING DETAILS
Exp Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173564
Last Updated: 12/31/2020
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.
