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INVESTimate
$275,000
List Price
$78,625
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PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $143.01
- 2 Days on Market
- MLS # : 6122210
- Updated Date : 08/24/2020 at 22:25
CONSTRUCTION
- Beds : 2
- Floor Size : 1,923 sqft
- Baths : 1 full , 1 half
Listing Agent
Coldwell Banker Realty
Listing Agent's Description
Welcome to this beautiful 1936 s.f. home with a sparkling pool on a large private lot. Newly painted inside and out, roof recoated 2020. Wonderful 10-foot high screened patio with wood-look tile floor off the foyer - the perfect spot to relax or enjoy your morning coffee. Vinyl sliders and windows, fans throughout, solar tubes where needed. Kitchen has maple cabinets and Corian counters. N/S exposure. Kool Deck around pool and patio. Both bedrooms are large with walk-in closets plus a linen closet in each. Both bathrooms have newer vanities. Extended 2-car garage with lots of build-in cabinets. Tile and laminate flooring, no carpet. Sun City has amazing recreational facilities and very reasonably priced golf. DON'T MISS THIS ONE!
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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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,410 |
EXPENSES | Loan Payment | -$1,015 |
Property Tax | -$153 | |
Property Insurance | -$65 | |
HOA | -$41 | |
Property Management Fees | -$99 | |
CASH FLOW
$38
|
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.
$275,000
PROJECTED PRICE
$1,410
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 9.80% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.24% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$78,625
LOAN DETAILS
$1,015
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $68,750 |
Loan Amount | $206,250 |
6.42
YEARS SAVED
$23,983
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
-
$1,529
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Coldwell Banker Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122210
Last Updated: 08/24/2020

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.