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10409 W Cameo Drive Sun City, AZ 85351

2 Beds 2 Baths 1,534 sqft Built 1970

$319,900

List Price

$1,380

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 04, 2020 RECENTLY ADDED
FACTS
  • Built In 1970
  • Price/Sqft : $208.54
  • 5 Days on Market
  • MLS # : 6156044
  • Updated Date : 11/07/2020 at 22:24
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,534 sqft
  • Baths : 2 full
Listing Agent

Arizona Premier Realty Homes & Land, Llc

Listing Agent's Description

Wonderfully updated home completed in 2019. 2 bedrooms 2 baths. Huge office/den - was once 3rd bedroom Dream kitchen has custom cabinets, granite counters, and SS appliances. Vinyl plank flooring throughout main areas with carpet in both bedrooms. Both bathrooms are updated - all beautifully done! this year brought a new sewer line, water heater and water softner. Tons of storage and a covered patio make this a great place to call home.

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.
 

$287,910$351,890$319,900

PURCHASE PRICE

$1,242$1,518$1,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,380
EXPENSES Loan Payment -$1,180
Property Tax -$170
Property Insurance -$57
HOA -$41
Property Management Fees -$99
CASH FLOW
-$168

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.

$319,900

PROJECTED PRICE

$1,380

PROJECTED RENT

0.43%

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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,524

INVESTMENT

$90,524

Down Payment
$79,975
Rehab Estimate
$5,750
Closing Costs
$4,799

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,180

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $79,975
Loan Amount $239,925
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$9,929

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,380

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,549

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3803$1,4254$1,5005$1,775
$1,775
RENT COMPS ANALYSIS
  • 10409 W Cameo Drive Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,534 Sqft ∙ Built 1970 2 beds 2 baths ∙ 1,534 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $1,380
    • $0.90
    •  
  • 10813 W Santa Fe Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,401 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,401 Sqft ∙ Built 1976
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.96
    •  
  • 10724 W Roundelay Circle Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,411 Sqft ∙ Built 1970 2 beds 2 baths ∙ 1,411 Sqft ∙ Built 1970
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $1.01
    •  
  • 10305 W Talisman Road Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.97
    •  
  • 13606 N Tan Tara Point Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,609 Sqft ∙ Built 1970 2 beds 2 baths ∙ 1,609 Sqft ∙ Built 1970
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $1.10
    •  
PROPERTY LISTING DETAILS
Shawn Lawrence
Arizona Premier Realty Homes & Land, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156044
Last Updated: 11/07/2020
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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