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PROPERTY INFO
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.
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PRICE & RENT TRENDS
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City
* 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.
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$83,369
LOAN DETAILS
$1,081
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $73,225 |
| Loan Amount | $219,675 |
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
-
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
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6168047
Last Updated: 12/04/2020
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.
