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10426 W Indian Wells Drive Sun City, AZ 85373

2 Beds 2 Baths 1,886 sqft Built 1976

$339,900

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $180.22
  • 2 Days on Market
  • MLS # : 6178082
  • Updated Date : 01/09/2021 at 16:11
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,886 sqft
  • Baths : 2 full
Listing Agent

Hague Partners

Listing Agent's Description

This home definitely has the ''Wow Factor'' you have been searching for. Tired of the same old tired homes? Step into this open yet cozy space and you will know your search has come to an end. Tastefully remodeled in 2017. You can feel good knowing that it isn't just ALL the lovely visuals, although it is, including the new stucco and painted exterior but also the important, unseen upgrades like new AC/duct work (2020), new water heater (2017), main roof (2017), electric panel, and soft closing glide cabinetry, all details that show the pride these owners have in their home and how good they feel about what they're passing on to new owners. Large inside laundry doubles as office with built in desk/shelves is plumbed to Heat/AC. Lots more to tell you, please keep Reading..

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.
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$1,181
Property Tax -$181
Property Insurance -$64
HOA -$41
Property Management Fees -$99
CASH FLOW
-$145

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.

$339,900

PROJECTED PRICE

$1,420

PROJECTED RENT

0.42%

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$1.2M

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$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$9,832

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
  • $1,547

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4003$1,4754$1,5005$1,690
$1,690
RENT COMPS ANALYSIS
  • 10426 W Indian Wells Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,886 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,886 Sqft ∙ Built 1976
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 19826 N Concho Circle Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.77
    •  
  • 18629 N Kiva Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,896 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,896 Sqft ∙ Built 1976
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.78
    •  
  • 11053 W Potter Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,870 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,870 Sqft ∙ Built 1995
    LEASED 12/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.80
    •  
  • 10401 W Concho Circle Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.93
    •  
PROPERTY LISTING DETAILS
Sheryl A Chiaramonte
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178082
Last Updated: 01/09/2021
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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