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10622 W Hazelwood Court Sun City, AZ 85373

2 Beds 1 Baths 918 sqft Built 1976

$205,900

List Price

$1,160

$1K - $1.3K

Rent Est.

PROPERTY INFO

December 08, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $224.29
  • 6 Days on Market
  • MLS # : 6168987
  • Updated Date : 12/08/2020 at 19:32
CONSTRUCTION
  • Beds : 2
  • Floor Size : 918 sqft
  • Baths : 1 full
Listing Agent

Tempus West Valley Realty

Listing Agent's Description

MOVE-IN READY. WELL MAINTAINED 2 BED/1 BATH HOME IN PHASE 3 OF SUN CITY. NORTH/SOUTH FACING WITH COVERED PATIO. EASY CARE LANDSCAPING WITH FRUIT TREES. INTERIOR OF THE HOME FRESHLY PAINTED IN LIGHT AND BRIGHT NEUTRAL COLORS. UPDATED ROOF, A/C, AND GARAGE DOOR WITH ELECTRIC OPENER. NICE CORNER LOT ON A CUL-DE-SAC. KITCHEN CABINETS FRESHLY PAINTED WITH A NEW ELECTRIC STOVE AND RANGE HOOD INSTALLED. TILE AND LAMINATE FLOORING.

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.
 

$185,310$226,490$205,900

PURCHASE PRICE

$1,044$1,276$1,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,160
EXPENSES Loan Payment -$760
Property Tax -$110
Property Insurance -$45
HOA -$41
Property Management Fees -$99
CASH FLOW
$106

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.

$205,900

PROJECTED PRICE

$1,160

PROJECTED RENT

0.56%

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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530$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$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$60,314

INVESTMENT

$60,314

Down Payment
$51,475
Rehab Estimate
$5,750
Closing Costs
$3,089

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$760

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $51,475
Loan Amount $154,425
See What Happens When You Reinvest Cash Flow

8.33

YEARS SAVED

$26,187

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,160

    LIST RENT
  • $1.26

    LIST RENT PER SQFT
  • $900

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$895
1$8952$1,1003$1,1604$1,1955$1,200
$1,200
RENT COMPS ANALYSIS
  • 10622 W Hazelwood Court Sun City, AZ 3
    • 2 beds 1 baths ∙ 918 Sqft ∙ Built 1976 2 beds 1 baths ∙ 918 Sqft ∙ Built 1976
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,160
    • $1.26
    •  
  • 19227 N Carnation Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 910 Sqft ∙ Built 1978 2 beds 2 baths ∙ 910 Sqft ∙ Built 1978
    property image
    LEASED 05/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $895
    • $0.98
    •  
  • 18838 N Kiva Drive Sun City, AZ 2
    • 2 beds 1 baths ∙ 1,250 Sqft ∙ Built 1976 2 beds 1 baths ∙ 1,250 Sqft ∙ Built 1976
    property image
    LEASED 07/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.88
    •  
  • 18605 N 103 Avenue N Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1976
    property image
    LEASED 08/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $1.03
    •  
  • 10407 W Sombrero Circle Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1976
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.03
    •  
PROPERTY LISTING DETAILS
Tammy L Boyd
Tempus West Valley Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168987
Last Updated: 12/08/2020
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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