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10529 E Navajo Place Sun Lakes, AZ 85248

2 Beds 2 Baths 1,389 sqft Built 1990

$300,000

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $215.98
  • 4 Days on Market
  • MLS # : 6164709
  • Updated Date : 01/08/2021 at 18:53
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,389 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty Sonoran Living

Listing Agent's Description

Beautiful home in the desirable Sun Lakes Golf Community with mountain views from the backyard which has no neighbors behind. Brand new luxury vinyl plank flooring and new interior paint throughout. Duel sinks and walk in closet in the master bedroom. This lovely home has a north/south exposure and a two car garage. Come check out this gem that just cam on the market!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun Lakes

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k377k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sun Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Jacobson Elementary School Primary Regular 889 41 9
Jacobson Elementary School Middle Regular 889 41 9
Hamilton High School High Regular 3,740 190 8

Jacobson Elementary School

  • Education Level: Primary
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Jacobson Elementary School

  • Education Level: Middle
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$270,000$330,000$300,000

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,042
Property Tax -$205
Property Insurance -$54
HOA -$10
Property Management Fees -$99
CASH FLOW
$180

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$300,000

PROJECTED PRICE

$1,590

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$33,531

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
  • $1,590

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,5504$1,6505$1,795
$1,795
RENT COMPS ANALYSIS
  • 10529 E Navajo Place Sun Lakes, AZ 1
    • 2 beds 2 baths ∙ 1,389 Sqft ∙ Built 1990 2 beds 2 baths ∙ 1,389 Sqft ∙ Built 1990
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 25826 S Hollygreen Drive Sun Lakes, AZ 2
    • 2 beds 2 baths ∙ 1,224 Sqft ∙ Built 1983 2 beds 2 baths ∙ 1,224 Sqft ∙ Built 1983
    property image
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.06
    •  
  • 26412 S Lakewood Drive Sun Lakes, AZ 3
    • 2 beds 2 baths ∙ 1,389 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,389 Sqft ∙ Built 1991
    property image
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.12
    •  
  • 26621 S Saddletree Drive Sun Lakes, AZ 4
    • 2 beds 2 baths ∙ 1,323 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,323 Sqft ∙ Built 1991
    property image
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.25
    •  
  • 10238 E Minnesota Avenue Sun Lakes, AZ 5
    • 2 beds 2 baths ∙ 1,558 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,558 Sqft ∙ Built 1985
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.15
    •  
PROPERTY LISTING DETAILS
Amy L Graham
Keller Williams Realty Sonoran Living
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6164709
Last Updated: 01/08/2021
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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