Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

10030 W Brookside Drive Sun City, AZ 85351

2 Beds 2 Baths 2,161 sqft Built 1972

$440,000

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $203.61
  • 2 Days on Market
  • MLS # : 6257209
  • Updated Date : 07/13/2021 at 16:42
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,161 sqft
  • Baths : 2 full
Listing Agent

The Property Boutique

Listing Agent's Description

Currently the ONLY active single family home with a pool AND located on the golf Course under $500k; making it the lowest price in all Sun City with these two features. Perfectly sized and well taken care of; this 2 bed w/ 2 full bath home also includes an additional oversized family room that looks out to the pool and 6th tee box at Riverside Golf Course. Master suite features 2 walk-in closets with one being super sized. Updated kitchen with granite tops and newer appliances. Wood plank tile throughout with carpet in living spaces. Extra large laundry room with newer washer/dryer and water heater. Could be used as a craft/hobby room. Attached golf cart garage is an added touch. Roof replaced 2016. AC replaced in 2014. Plenty of storage throughout.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $80k271k

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

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8261567

* 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
Valley Vista High School High Unknown NA

Valley Vista High School

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

$396,000$484,000$440,000

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$1,528
Property Tax -$234
Property Insurance -$69
HOA -$41
Property Management Fees -$99
CASH FLOW
-$522

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.

$440,000

PROJECTED PRICE

$1,450

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$122,350

INVESTMENT

$122,350

Down Payment
$110,000
Rehab Estimate
$5,750
Closing Costs
$6,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,528

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $110,000
Loan Amount $330,000
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$539

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,450

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,551

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4003$1,4004$1,4505$1,500
$1,500
RENT COMPS ANALYSIS
  • 10030 W Brookside Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 2,161 Sqft ∙ Built 1972 2 beds 2 baths ∙ 2,161 Sqft ∙ Built 1972
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.67
    •  
  • 17623 N Foothills Drive Sun City, AZ 1
    • 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
    •  
  • 10842 W Amber Trail Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,848 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,848 Sqft ∙ Built 1973
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
  • 17403 N Hitching Post Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 2,094 Sqft ∙ Built 1978 2 beds 2 baths ∙ 2,094 Sqft ∙ Built 1978
    property image
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.67
    •  
  • 15602 N 105th Drive Sun City, AZ 5
    • 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 1971 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 1971
    property image
    LEASED 04/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.74
    •  
PROPERTY LISTING DETAILS
Deanna R. Nelson
The Property Boutique
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6257209
Last Updated: 07/13/2021
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.

BESbswy