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PROPERTY INFO
FACTS
- Single Family
- Built In 1975
- Price/Sqft : $155.26
- 2 Days on Market
- MLS # : 6203364
- Updated Date : 03/07/2021 at 05:15
CONSTRUCTION
- Beds : 2
- Floor Size : 1,797 sqft
- Baths : 1 full , 1 half
Listing Agent
West Usa Realty
Listing Agent's Description
This home is a charmer: Start with private paved courtyard leading to formal entry. 10+ ceilings in Living/Dining/Family Room & Kitchen. Family room opens to a kitchen and Slider leading to a fabulous private backyard. Bright White Kitchen with newer Stainless Steel Appliances, Vintage Red Mid-Century Modern Range hood & flooded with new lighting. Door to extra sq. ft. can be used for anything from Crafts, to Office to 3rd Bedroom. Outside Paradise is really added living space with walled in backyard & tiled covered and sunning patios. New Windows & Slider along the back living areas, A/C 2018, W/H 2019, freshly painted inside & out. Large Bedrooms & both baths with newer Vanities & Miracle Method Surface Refinishing in both Tub & Shower. Impeccably maintained in a convenient location.
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,520 |
| EXPENSES | Loan Payment | -$969 |
| Property Tax | -$148 | |
| Property Insurance | -$62 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$200
|
||
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.
$279,000
PROJECTED PRICE
$1,520
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$79,685
LOAN DETAILS
$969
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $69,750 |
| Loan Amount | $209,250 |
9.33
YEARS SAVED
$36,136
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,527
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
-
10722 W Manzanita Drive Sun City, AZ 1
- 2 beds 2 baths ∙ 1,797 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,797 Sqft ∙ Built 1975
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- Rent
- Rent Per SQFT
- $0
- $0.00
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10702 W Hibiscus Drive Sun City, AZ 2
- 2 beds 2 baths ∙ 1,568 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,568 Sqft ∙ Built 1975
![property image]()
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,300
- $0.83
-
18629 N Kiva Drive Sun City, AZ 3
- 2 beds 2 baths ∙ 1,896 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,896 Sqft ∙ Built 1976
![property image]()
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,475
- $0.78
-
10706 W Pinion Lane Sun City, AZ 4
- 2 beds 2 baths ∙ 1,807 Sqft ∙ Built 1974 2 beds 2 baths ∙ 1,807 Sqft ∙ Built 1974
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,550
- $0.86
-
10401 W Concho Circle Sun City, AZ 5
- 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976
![property image]()
LEASED 03/19/20- Rent
- Rent Per SQFT
- $1,690
- $0.93
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203364
Last Updated: 03/07/2021
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.
