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PROPERTY INFO
FACTS
- Single Family
- Built In 1967
- Price/Sqft : $162.31
- 2 Days on Market
- MLS # : 6196050
- Updated Date : 02/21/2021 at 00:19
CONSTRUCTION
- Beds : 2
- Floor Size : 1,170 sqft
- Baths : 1 full
Listing Agent
Long Realty West Valley
Listing Agent's Description
Beautiful, well maintained 2 bedroom 1 bathroom, plus Arizona room in the adult community of Sun City. Enjoy the many amenities the recreational center has to offer. 2 car plus golf cart garage. bathroom recently upgraded . Laminate floors in kitchen. Ready for you to give it your personal touch. Don't miss out! It won't last
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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 | $1,050 |
| EXPENSES | Loan Payment | -$660 |
| Property Tax | -$101 | |
| Property Insurance | -$50 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$99
|
||
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.
$189,900
PROJECTED PRICE
$1,050
PROJECTED RENT
0.55%
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
$56,074
LOAN DETAILS
$660
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $47,475 |
| Loan Amount | $142,425 |
8.25
YEARS SAVED
$20,276
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,050
LIST RENT -
$0.9
LIST RENT PER SQFT
-
$1,150
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
-
10810 W Cumberland Drive Sun City, AZ 1
- 2 beds 1 baths ∙ 1,170 Sqft ∙ Built 1967 2 beds 1 baths ∙ 1,170 Sqft ∙ Built 1967
- Rent
- Rent Per SQFT
- $1,050
- $0.90
-
11201 N 105th Avenue Sun City, AZ 2
- 2 beds 1 baths ∙ 1,127 Sqft ∙ Built 1961 2 beds 1 baths ∙ 1,127 Sqft ∙ Built 1961
LEASED 05/28/20- Rent
- Rent Per SQFT
- $1,100
- $0.98
-
11202 N Madison Drive Sun City, AZ 3
- 2 beds 2 baths ∙ 1,070 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,070 Sqft ∙ Built 1961
LEASED 04/30/20- Rent
- Rent Per SQFT
- $1,125
- $1.05
-
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
-
10432 W Peoria Avenue Sun City, AZ 5
- 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1960
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,225
- $1.01
PROPERTY LISTING DETAILS
Long Realty West Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196050
Last Updated: 02/21/2021
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.
