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10706 W Pineaire Drive Sun City, AZ 85351

3 Beds 2 Baths 1,550 sqft Built 1973

$329,000

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 16, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $212.26
  • 5 Days on Market
  • MLS # : 6171921
  • Updated Date : 12/19/2020 at 16:03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,550 sqft
  • Baths : 1 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

New Patio cover being installed this week! THIS HOME IS FABULOUS!! This Beautiful Remodel offers 3 bed and 2 bath Stunning kitchen w/ open concept to dining and great room. The kitchen features a white sparkle quartz breakfast bar with white shaker cabinets, backsplash & stainless steel appliances. Gorgeous 6'' x 24'' Porcelain wood looking tile. New carpet in bedrooms. Dual pane windows 5 New Windows and Patio Slider. A/C unit 2019. Painted interior & exterior 2020. New roof Dec 2020. Luxury walk in shower with Mosaic basket weave floor and band up the wall. Carrara Sky vanity top w/ grey shaker cabinets in both bathrooms. All new Faucets, light fixtures and ceiling fans. Beautiful tile in front walkway and the covered back Patio. Big fenced in yard. Close to Shopping. Agent is owner.

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.
 

$296,100$361,900$329,000

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$1,214
Property Tax -$175
Property Insurance -$57
HOA -$41
Property Management Fees -$99
CASH FLOW
-$166

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.

$329,000

PROJECTED PRICE

$1,420

PROJECTED RENT

0.43%

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$1.2M

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$92,935

INVESTMENT

$92,935

Down Payment
$82,250
Rehab Estimate
$5,750
Closing Costs
$4,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,214

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,250
Loan Amount $246,750
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$10,610

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
  • $1,507

    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
  • 10706 W Pineaire Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,550 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,550 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
Mary Beth Cline
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6171921
Last Updated: 12/19/2020
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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