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10319 W Sun City Boulevard Sun City, AZ 85351

3 Beds 2 Baths 1,395 sqft Built 1961

$235,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1961
  • Price/Sqft : $168.46
  • 3 Days on Market
  • MLS # : 6199831
  • Updated Date : 02/26/2021 at 21:42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,395 sqft
  • Baths : 2 full
Listing Agent

Libertas Real Estate

Listing Agent's Description

Come & see this charming property in Sun City! This 3 bedroom, 2 bathroom home offers a low maintenance front yard, a block fenced backyard with beautiful mature citrus trees. There is a one car garage and a storage room. Inside you will find a spacious living/dining room with upgraded flooring. The enclosed AZ room has been opened up to the rest of the home with A/C and plenty of windows. The kitchen offers updated cabinets, tile backsplash and appliances that convey with the home. The Master bedroom includes a walk-in closet and a private bath. The spacious laundry room is ideal for a workshop or a hobby area. Enjoy all the amenities that Sun City has to offer; 8 golf courses, 7 Recreation Centers, tennis courts and much more!

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
 

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

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$816
Property Tax -$125
Property Insurance -$54
Property Management Fees -$99
CASH FLOW
$305

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

$1,400

PROJECTED RENT

0.60%

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$16k$18k

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 25% down payment or higher enables the proceeds from the asset to cover all costs.

$816

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $58,750
Loan Amount $176,250
See What Happens When You Reinvest Cash Flow

12.17

YEARS SAVED

$44,866

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,400

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,294

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,175
1$1,1752$1,3003$1,3954$1,4005$1,650
$1,650
RENT COMPS ANALYSIS
  • 10319 W Sun City Boulevard Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.00
    •  
  • 11615 N Desert Hills Drive W Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,385 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,385 Sqft ∙ Built 1960
    LEASED 02/20/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,175
    • $0.85
    •  
  • 11836 N Desert Hills Drive W Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,511 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,511 Sqft ∙ Built 1960
    LEASED 02/25/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.86
    •  
  • 9930 W Crosby Circle S Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1962
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.93
    •  
  • 10419 W Snead Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1961
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.07
    •  
PROPERTY LISTING DETAILS
Lizzette Garcia
Libertas Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199831
Last Updated: 02/26/2021
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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