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10340 W Twin Oaks Drive Sun City, AZ 85351

2 Beds 2 Baths 1,541 sqft Built 1971

INVESTimate

$256,900

List Price

$1,370

$1,233 - $1,507

Rent Est.

$282,076  ( +9.80%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1971
  • Price/Sqft : $166.71
  • 7 Days on Market
  • MLS # : 6120105
  • Updated Date : 08/25/2020 at 15:42
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,541 sqft
  • Baths : 2 full
Listing Agent

Tempus West Valley Realty

Listing Agent's Description

LOVELY N/S FACING UPDATED & EXPANDED COCONINO MODEL. PRIDE OF OWNERSHIP REFLECTED IN THIS HOME! THIS 2 BEDROOM, 2 BATH HOME HAS ADDED ARIZONA ROOM AND INDOOR LAUNDRY WITH HOBBY ROOM NOT REFLECTED IN THE SQUARE FOOTAGE. DUAL PANE WINDOWS AND SOLAR LEASE MAKE THIS HOME ENERGY EFFICIENT! MASTER HAS 2 WALK-IN CLOSETS! EAT-IN KITCHEN WITH CORIAN COUNTER TOPS.

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.
 

$231,210$282,590$256,900

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$948
Property Tax -$137
Property Insurance -$57
Property Management Fees -$99
CASH FLOW
$129

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.

$256,900

PROJECTED PRICE

$1,370

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.80%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$73,829

INVESTMENT

$73,829

Down Payment
$64,225
Rehab Estimate
$5,750
Closing Costs
$3,854

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$948

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,225
Loan Amount $192,675
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$33,488

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
  • $1,445

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2503$1,4254$1,4505$1,450
$1,450
RENT COMPS ANALYSIS
  • 10340 W Twin Oaks Drive Sun City, 1
    • 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 14405 N Cameo Way Sun City, 2
    • 2 beds 2 baths ∙ 1,348 Sqft ∙ Built 1970 2 beds 2 baths ∙ 1,348 Sqft ∙ Built 1970
    property image
    LEASED 09/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.93
    •  
  • 10313 W Desert Rock Drive Sun City, 3
    • 2 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973
    property image
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.97
    •  
  • 10813 W Brookside Drive Sun City, 4
    • 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1973
    property image
    LEASED 08/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.91
    •  
  • 10305 W Talisman Road Sun City, 5
    • 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971
    property image
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
PROPERTY LISTING DETAILS
Lorraine A Williams
Tempus West Valley Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120105
Last Updated: 08/25/2020
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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