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10705 W Amber Trail Sun City, AZ 85351

3 Beds 2 Baths 1,659 sqft Built 1973

$321,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $193.49
  • 2 Days on Market
  • MLS # : 6168090
  • Updated Date : 12/05/2020 at 12:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,659 sqft
  • Baths : 2 full
Listing Agent

Cambridge Properties

Listing Agent's Description

Wow! Home is ready for a new owner. Recently refreshed with new interior paint, new vinyl plank flooring, new carpet, new fixtures and upgraded bathrooms. Kitchen features newer corian counters, island and wet bar. Master features walk in closet and dual sinks in master bathroom with separate jetted tub and walk in shower with private toilet room. Full 3rd bedroom with closet. Inside laundry room. Fenced yard with RV gate and covered patio. 2 car garage with epoxy flooring. Huge corner lot!

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.
 

$288,900$353,100$321,000

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$1,184
Property Tax -$171
Property Insurance -$60
HOA -$41
Property Management Fees -$99
CASH FLOW
-$155

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.

$321,000

PROJECTED PRICE

$1,400

PROJECTED RENT

0.44%

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-$4.0k-$2.0k$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$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,815

INVESTMENT

$90,815

Down Payment
$80,250
Rehab Estimate
$5,750
Closing Costs
$4,815

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,184

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $80,250
Loan Amount $240,750
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$10,825

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
  • $1,613

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,4504$1,4955$1,500
$1,500
RENT COMPS ANALYSIS
  • 10705 W Amber Trail Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,659 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,659 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17809 N Monte Vista Court Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1975
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.86
    •  
  • 16222 N Agua Fria Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.99
    •  
  • 10805 W Hutton Drive Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.02
    •  
  • 10626 W Gulf Hills Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1972
    LEASED 04/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.02
    •  
PROPERTY LISTING DETAILS
Eric Nicks
Cambridge Properties
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168090
Last Updated: 12/05/2020
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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