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10805 W Amber Trail Sun City, AZ 85351

2 Beds 2 Baths 1,638 sqft Built 1973

$289,900

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $176.98
  • 3 Days on Market
  • MLS # : 6162842
  • Updated Date : 11/21/2020 at 15:19
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,638 sqft
  • Baths : 2 full
Listing Agent

Award Realty

Listing Agent's Description

Vaulted ceilings in the spacious Living/Dining Room, and the Arizona Room showcase this unique Highland model. There is a 2019 20 SEER Trane AC keeping the home cool in the Summer and warm in the Winter months. Outside is a pavered brick driveway that leads to a Pergola covered North facing front courtyard. In the back of the home, is a huge covered patio and irrigated citrus trees. This home is in a great area of Sun City and is awaiting your personal touch!

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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.
 

$260,910$318,890$289,900

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$1,070
Property Tax -$154
Property Insurance -$59
HOA -$4
Property Management Fees -$99
CASH FLOW
-$56

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.

$289,900

PROJECTED PRICE

$1,330

PROJECTED RENT

0.46%

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-$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$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,070

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

4.92

YEARS SAVED

$16,824

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,330

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $1,454

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,3303$1,4004$1,4255$1,550
$1,550
RENT COMPS ANALYSIS
  • 10805 W Amber Trail Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,638 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,638 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $1,330
    • $0.81
    •  
  • 10842 W Hibiscus Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,568 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,568 Sqft ∙ Built 1975
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.83
    •  
  • 10649 W Sequoia Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,568 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,568 Sqft ∙ Built 1975
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.89
    •  
  • 10313 W Desert Rock Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,465 Sqft ∙ Built 1973
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.97
    •  
  • 10706 W Pinion Lane Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,807 Sqft ∙ Built 1974 2 beds 2 baths ∙ 1,807 Sqft ∙ Built 1974
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.86
    •  
PROPERTY LISTING DETAILS
James Ball
Award Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162842
Last Updated: 11/21/2020
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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