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10102 W Cheryl Drive Sun City, AZ 85351

2 Beds 1 Baths 1,067 sqft Built 1968

$208,000

List Price

$1,030

$927 - $1.1K

Rent Est.

PROPERTY INFO

November 16, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1968
  • Price/Sqft : $194.94
  • 7 Days on Market
  • MLS # : 6160815
  • Updated Date : 11/21/2020 at 17:47
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,067 sqft
  • Baths : 1 full
Listing Agent

West Usa Realty

Listing Agent's Description

Welcome home to this beautiful, well kept 2 bedroom 1 bath home in Sun City. Remodeled within the last 5 years. New roof in 2019. Fenced yard with a beautiful extended covered patio. Water feature in backyard. Above ground Hot tub just installed August 2020. Solar just put on a couple years ago-Owned!!! All Frigidaire Stainless steel appliances in kitchen.

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

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$187,200$228,800$208,000

PURCHASE PRICE

$927$1,133$1,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,030
EXPENSES Loan Payment -$767
Property Tax -$111
Property Insurance -$48
HOA -$41
Property Management Fees -$99
CASH FLOW
-$36

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.

$208,000

PROJECTED PRICE

$1,030

PROJECTED RENT

0.50%

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-$2.0k$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$60,870

INVESTMENT

$60,870

Down Payment
$52,000
Rehab Estimate
$5,750
Closing Costs
$3,120

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$767

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $52,000
Loan Amount $156,000
See What Happens When You Reinvest Cash Flow

4.92

YEARS SAVED

$11,976

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,030

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,102

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$999
1$9992$1,0303$1,1004$1,1295$1,200
$1,200
RENT COMPS ANALYSIS
  • 10102 W Cheryl Drive Sun City, AZ 2
    • 2 beds 1 baths ∙ 1,067 Sqft ∙ Built 1968 2 beds 1 baths ∙ 1,067 Sqft ∙ Built 1968
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,030
    • $0.97
    •  
  • 10016 W Tarrytown Avenue Sun City, AZ 1
    • 2 beds 1 baths ∙ 972 Sqft ∙ Built 1965 2 beds 1 baths ∙ 972 Sqft ∙ Built 1965
    property image
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $999
    • $1.03
    •  
  • 10200 N 96th Avenue #b Peoria, AZ 3
    • 2 beds 2 baths ∙ 1,025 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,025 Sqft ∙ Built 1973
    property image
    LEASED 06/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $1.07
    •  
  • 10111 W Cumberland Drive Sun City, AZ 4
    • 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1966 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1966
    property image
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,129
    • $0.98
    •  
  • 9643 W Ironwood Drive #b Peoria, AZ 5
    • 2 beds 2 baths ∙ 1,144 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,144 Sqft ∙ Built 1979
    property image
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.05
    •  
PROPERTY LISTING DETAILS
Carolyn Pinkney
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160815
Last Updated: 11/21/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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