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10501 W Signal Butte Circle Sun City, AZ 85373

2 Beds 2 Baths 1,774 sqft Built 1977

$292,900

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $165.11
  • 2 Days on Market
  • MLS # : 6168047
  • Updated Date : 12/04/2020 at 19:41
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,774 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

CLEAN AS A WHISTLE IS WHAT ONE CAN SAY, NO POPCORN CEILINGS, BEAUTIFUL SANDSTONE LOOKING TILE ON DIAGONAL, ALL NEW WOOD BASEBOARDS, NEW INTERIOR AND EXTERIOR DOORS, ALL NEW KITCHEN WITH LAZY SUSAN AND PULL OUTS, CORIAN COUNTER TOPS, DOUBLE DOOR REFRIGERATOR AND SLIDE IN STOVE WITH A BONUS WALL OVEN, THE LAUNDRY ROOM HAS BEEN REMODELED INTO A OFFICE /TV ROOM, COMES WITH FRONT LOAD WASHER AND DRYER AND NEWER HOT WATER HEATER, ROOF WAS REPLACED IN 2017. BATHROOM VANITIES UPDATED WITH CORIAN TOPS AS WELL, MURPHY BED IN GUEST BEDROOM CAN STAY OR OWNER WILL REMOVE, LOW MAINT YARD WITH AUTOMATIC LANDSCAPING WATER SYSTEM. THIS IS A SUPER CLEAN TURN KEY HOME. COME TAKE A LOOK TODAY.

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.
 

$263,610$322,190$292,900

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 -$1,081
Property Tax -$156
Property Insurance -$62
HOA -$4
Property Management Fees -$99
CASH FLOW
$19

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.

$292,900

PROJECTED PRICE

$1,420

PROJECTED RENT

0.48%

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-$2.0k$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$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,369

INVESTMENT

$83,369

Down Payment
$73,225
Rehab Estimate
$5,750
Closing Costs
$4,394

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,081

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $73,225
Loan Amount $219,675
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$24,169

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,499

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4003$1,4204$1,4755$1,690
$1,690
RENT COMPS ANALYSIS
  • 10501 W Signal Butte Circle Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,774 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,774 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $0.80
    •  
  • 19608 N Signal Butte Circle Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,552 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,552 Sqft ∙ Built 1977
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.90
    •  
  • 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 4
    • 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
    •  
  • 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
Cam T Wallaert
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168047
Last Updated: 12/04/2020
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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