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10044 N 103rd Avenue Sun City, AZ 85351

2 Beds 1 Baths 1,180 sqft Built 1964

$207,900

List Price

$1,060

$954 - $1.2K

Rent Est.

PROPERTY INFO

February 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $176.19
  • 4 Days on Market
  • MLS # : 6186746
  • Updated Date : 02/06/2021 at 16:05
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,180 sqft
  • Baths : 1 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

WOW!! MOVE IN READY!!, not a Twin/Gemini Property, and ONE OF THE FEW PROERTIES COMPLETELY REMOLDED in the area!!Nicely Remodeled home!! with multiple upgrades throughout the entire house. Elegant marble Tile floor, amazing looking bathroom, NEW ceiling fans, recessed lights, kitchen cabinets, New and Large 8x10 Storage shed and so much MORE!! Situated minutes away from many points of interest: Cardinal Stadium, Casino, West Gate, and quick access to the 101 HWY. Property situated in a 55+age community, surrounded by Golf courses, parks for your pets, enjoy the many amenities!!

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
 

$187,110$228,690$207,900

PURCHASE PRICE

$954$1,166$1,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,060
EXPENSES Loan Payment -$722
Property Tax -$111
Property Insurance -$50
HOA -$41
Property Management Fees -$99
CASH FLOW
$37

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.

$207,900

PROJECTED PRICE

$1,060

PROJECTED RENT

0.51%

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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$60,844

INVESTMENT

$60,844

Down Payment
$51,975
Rehab Estimate
$5,750
Closing Costs
$3,119

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$722

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $51,975
Loan Amount $155,925
See What Happens When You Reinvest Cash Flow

6.5

YEARS SAVED

$15,596

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,060

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,186

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,060
1$1,0602$1,1003$1,1294$1,2005$1,225
$1,225
RENT COMPS ANALYSIS
  • 10044 N 103rd Avenue Sun City, AZ 1
    • 2 beds 1 baths ∙ 1,180 Sqft ∙ Built 1964 2 beds 1 baths ∙ 1,180 Sqft ∙ Built 1964
    • Rent
    • Rent Per SQFT
    •  
    • $1,060
    • $0.90
    •  
  • 11201 N 105th Avenue Sun City, AZ 2
    • 2 beds 1 baths ∙ 1,127 Sqft ∙ Built 1961 2 beds 1 baths ∙ 1,127 Sqft ∙ Built 1961
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.98
    •  
  • 10111 W Cumberland Drive Sun City, AZ 3
    • 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1966 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1966
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,129
    • $0.98
    •  
  • 9682 W Ironwood Drive #a Peoria, AZ 4
    • 2 beds 2 baths ∙ 1,144 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,144 Sqft ∙ Built 1979
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.05
    •  
  • 10432 W Peoria Avenue Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1960
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $1.01
    •  
PROPERTY LISTING DETAILS
Vick Gutierrez
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186746
Last Updated: 02/06/2021
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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