Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

10701 W El Dorado Drive Sun City, AZ 85351

2 Beds 2 Baths 1,070 sqft Built 1961

$214,900

List Price

$1,040

$936 - $1.1K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1961
  • Price/Sqft : $200.84
  • 3 Days on Market
  • MLS # : 6183583
  • Updated Date : 01/22/2021 at 22:04
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,070 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Here is that well-priced home on the golf course, that you have been searching for! features include 2 bedrooms, a spacious living room and efficient kitchen layout. You'll love all the tile throughout this home...low maintenance. The kitchen has plenty of cabinets and counter space and this home includes all appliances. it sits on a great corner lot, that will give you golf course views. Close to shopping, dining and easy freeway access. Sun City is the perfect active adult community. You'll have access to golf, swimming, gyms, tennis courts and so much more! Perfect location at a perfect price. Put this home on your MUST SEE list 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.
 

$193,410$236,390$214,900

PURCHASE PRICE

$936$1,144$1,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,040
EXPENSES Loan Payment -$746
Property Tax -$114
Property Insurance -$48
HOA -$41
Property Management Fees -$99
CASH FLOW
-$9

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.

$214,900

PROJECTED PRICE

$1,040

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$62,699

INVESTMENT

$62,699

Down Payment
$53,725
Rehab Estimate
$5,750
Closing Costs
$3,224

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$746

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $53,725
Loan Amount $161,175
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$12,168

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,040

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,110

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$1,040
1$1,0402$1,1003$1,1454$1,2005$1,225
$1,225
RENT COMPS ANALYSIS
  • 10701 W El Dorado Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,070 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,070 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $1,040
    • $0.97
    •  
  • 11201 N 105th Avenue Sun City, AZ 2
    • 2 beds 1 baths ∙ 1,127 Sqft ∙ Built 1961 2 beds 1 baths ∙ 1,127 Sqft ∙ Built 1961
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.98
    •  
  • 10821 W Crosby Drive Sun City, AZ 3
    • 2 beds 1 baths ∙ 984 Sqft ∙ Built 1961 2 beds 1 baths ∙ 984 Sqft ∙ Built 1961
    LEASED 06/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,145
    • $1.16
    •  
  • 10531 W Connecticut Avenue Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,199 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,199 Sqft ∙ Built 1961
    LEASED 02/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.00
    •  
  • 10432 W Peoria Avenue Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1960
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $1.01
    •  
PROPERTY LISTING DETAILS
Becky Garcia
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183583
Last Updated: 01/22/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy