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10105 W Desert Rock Drive Sun City, AZ 85351

2 Beds 2 Baths 1,158 sqft Built 1973

$235,000

List Price

$1,270

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $202.94
  • 3 Days on Market
  • MLS # : 6176170
  • Updated Date : 01/01/2021 at 17:16
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,158 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

Located in beautiful Sun City this home features a 2 bed 2 bath. Extremely well taken care of with upgraded cabinets and tile. Low maintenance front and back yard that includes a beautiful tree that is the focus of the whole backyard as well as a fruit tree. If you are into activities Sun city offers plenty for everyone to enjoy if its pickleball you love or taking a dip in the local heated pools you won't ever get bored with 7 community centers and local golf. This home is also located near bell road and 99th that has a ton of shopping close by. Don't delay wont last long!!!

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.
 

$211,500$258,500$235,000

PURCHASE PRICE

$1,143$1,397$1,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,270
EXPENSES Loan Payment -$867
Property Tax -$125
Property Insurance -$50
HOA -$4
Property Management Fees -$99
CASH FLOW
$126

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.

$235,000

PROJECTED PRICE

$1,270

PROJECTED RENT

0.54%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,025

INVESTMENT

$68,025

Down Payment
$58,750
Rehab Estimate
$5,750
Closing Costs
$3,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$867

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,750
Loan Amount $176,250
See What Happens When You Reinvest Cash Flow

8.5

YEARS SAVED

$31,425

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,256

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,2004$1,3005$1,300
$1,300
RENT COMPS ANALYSIS
  • 10105 W Desert Rock Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10008 W Pineaire Drive Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1973
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.04
    •  
  • 9929 W Oak Ridge Drive Sun City, AZ 3
    • 2 beds 1 baths ∙ 1,086 Sqft ∙ Built 1972 2 beds 1 baths ∙ 1,086 Sqft ∙ Built 1972
    LEASED 09/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.10
    •  
  • 10312 W Edgewood Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1972 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1972
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.12
    •  
  • 10010 W Sandstone Drive Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,204 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,204 Sqft ∙ Built 1971
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.08
    •  
PROPERTY LISTING DETAILS
Shane Peters
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6176170
Last Updated: 01/01/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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