Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

10754 W El Dorado Drive Sun City, AZ 85351

2 Beds 2 Baths 1,440 sqft Built 1961

$274,900

List Price

$1,130

$1K - $1.2K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1961
  • Price/Sqft : $190.90
  • 2 Days on Market
  • MLS # : 6159849
  • Updated Date : 11/14/2020 at 16:43
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,440 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

You will love this light & bright, updated, cute home with all the Bells and whistles! Cul-De-Sac lot Enter to beautiful Great Room w/ all new cabinets & granite countertops! Check out the Stylish tile backsplash & skylight! STAINLESS APPLIANCES! Totally finished Arizona Room adds to the Great room! All new blinds throughout! Recessed lighting & modern high quality ceiling fans in each room.Beautiful ceramic wood looking tile through the whole home.Check out the bathrooms. 2nd bathroom was added & they both are fabulous. Beautifully tiled showers and upgraded glass shower door! Another plus.. indoor laundry room! Super nice covered patio and nice big back yard all fenced. Just epoxied driveway & garage. Located near a sun city recreation center. Sun Cit is adult (55 plus) communit

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.
 

$247,410$302,390$274,900

PURCHASE PRICE

$1,017$1,243$1,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,130
EXPENSES Loan Payment -$1,014
Property Tax -$146
Property Insurance -$55
HOA -$41
Property Management Fees -$99
CASH FLOW
-$226

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.

$274,900

PROJECTED PRICE

$1,130

PROJECTED RENT

0.41%

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,599

INVESTMENT

$78,599

Down Payment
$68,725
Rehab Estimate
$5,750
Closing Costs
$4,124

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,014

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,725
Loan Amount $206,175
See What Happens When You Reinvest Cash Flow

1.92

YEARS SAVED

$4,011

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,130

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,260

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,125
1$1,1252$1,1303$1,1504$1,2005$1,225
$1,225
RENT COMPS ANALYSIS
  • 10754 W El Dorado Drive Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,440 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,440 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $1,130
    • $0.78
    •  
  • 10519 W Desert Hills Court Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1960
    LEASED 01/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,125
    • $0.88
    •  
  • 11476 W Illinois Avenue Youngtown, AZ 3
    • 2 beds 2 baths ∙ 1,240 Sqft ∙ Built 1964 2 beds 2 baths ∙ 1,240 Sqft ∙ Built 1964
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.93
    •  
  • 10426 W Camden Avenue Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,345 Sqft ∙ Built 1964 2 beds 2 baths ∙ 1,345 Sqft ∙ Built 1964
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.89
    •  
  • 10237 N 103rd Avenue Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,522 Sqft ∙ Built 1964 2 beds 2 baths ∙ 1,522 Sqft ∙ Built 1964
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $0.80
    •  
PROPERTY LISTING DETAILS
Susan Dafnis
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6159849
Last Updated: 11/14/2020
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.

BESbswy