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10710 W Willowbrook Drive Sun City, AZ 85373

3 Beds 2 Baths 1,873 sqft Built 1975

$257,000

List Price

$1,430

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1975
  • Price/Sqft : $137.21
  • 5 Days on Market
  • MLS # : 6154243
  • Updated Date : 10/30/2020 at 20:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,873 sqft
  • Baths : 1 full , 1 half
Listing Agent

Arizona Best Real Estate

Listing Agent's Description

Excellent opportunity to purchase this Sun City home - 3 bedrooms/2 baths with kitchen extension, and bay window. Oversized 2 car - 2 tandem garage. Wood floors throughout except carpet in 2 bedrooms and tile in the bathrooms. There is a 278 SF room addition (not reflected in the tax records, see floor plan on docs page) with a mini split air conditioner and heat. Electric awning along the exterior of the room addition on the outside, water softener, sink in garage. Stucco exterior and dual pane windows t/o. Roof is foam and under warranty until Sept 2022. Garden set up in the backyard with mature trees and bushes, lot is 9000 SF. Home is partially set up for physically challenged. Refrigerator, washer and dryer all included with sale. Lots of potential with home!

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.
 

$231,300$282,700$257,000

PURCHASE PRICE

$1,287$1,573$1,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,430
EXPENSES Loan Payment -$948
Property Tax -$137
Property Insurance -$64
HOA -$3
Property Management Fees -$99
CASH FLOW
$179

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.

$257,000

PROJECTED PRICE

$1,430

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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$73,855

INVESTMENT

$73,855

Down Payment
$64,250
Rehab Estimate
$5,750
Closing Costs
$3,855

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$948

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,250
Loan Amount $192,750
See What Happens When You Reinvest Cash Flow

9.42

YEARS SAVED

$39,059

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
  • $1,531

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2753$1,3754$1,3955$1,500
$1,500
RENT COMPS ANALYSIS
  • 10710 W Willowbrook Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,873 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,873 Sqft ∙ Built 1975
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10117 W Sombrero Circle Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,673 Sqft ∙ Built 1977
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.76
    •  
  • 19637 N Willow Creek Circle Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,680 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,680 Sqft ∙ Built 1977
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.82
    •  
  • 10618 W Welk Drive Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,661 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,661 Sqft ∙ Built 1975
    LEASED 10/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.84
    •  
  • 18222 N Willowbrook Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,774 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,774 Sqft ∙ Built 1976
    LEASED 09/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.85
    •  
PROPERTY LISTING DETAILS
Rob Lafrentz
Arizona Best Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154243
Last Updated: 10/30/2020
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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