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10753 W Louise Drive Sun City, AZ 85373

3 Beds 2 Baths 1,316 sqft Built 1999

$280,000

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 1999
  • Price/Sqft : $212.77
  • 3 Days on Market
  • MLS # : 6157024
  • Updated Date : 11/06/2020 at 07:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,316 sqft
  • Baths : 2 full
Listing Agent

American Realty Brokers

Listing Agent's Description

Beautifully updated and well kept home in this NO HOA community, 3 bedroom 2 bath, Granite counters, New rear windows with transferrable warranty, upgraded kitchen pantry, eat in kitchen with stainless steel appliances, large backyard with citrus trees, covered patio. North/South Exposure. This is not an age restriced community.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Deer Valley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $83k358k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Deer Valley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600170018001900Rent in $8661981

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Zuni Hills Elementary School Primary Regular 849 40 7
Zuni Hills Elementary School Middle Regular 849 40 7
Liberty High School High Regular 2,141 93 6

Zuni Hills Elementary School

  • Education Level: Primary
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Zuni Hills Elementary School

  • Education Level: Middle
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating
 

$252,000$308,000$280,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$1,033
Property Tax -$184
Property Insurance -$53
Property Management Fees -$99
CASH FLOW
$131

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$280,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

7.75

YEARS SAVED

$33,053

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
  • $1,500

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4003$1,4254$1,4505$1,500
$1,500
RENT COMPS ANALYSIS
  • 10753 W Louise Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10530 W Louise Drive Peoria, AZ 2
    • 3 beds 2 baths ∙ 1,231 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,231 Sqft ∙ Built 1998
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.14
    •  
  • 10518 W Via Del Sol -- Peoria, AZ 3
    • 3 beds 2 baths ∙ 1,231 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,231 Sqft ∙ Built 1998
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $1.16
    •  
  • 10541 W Via Del Sol -- Peoria, AZ 4
    • 3 beds 2 baths ∙ 1,388 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,388 Sqft ∙ Built 1999
    LEASED 03/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.04
    •  
  • 10550 W Via Del Sol Avenue Peoria, AZ 5
    • 3 beds 2 baths ∙ 1,231 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,231 Sqft ∙ Built 1997
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.22
    •  
PROPERTY LISTING DETAILS
Michelle Senden
American Realty Brokers
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157024
Last Updated: 11/06/2020
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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