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10810 W El Dorado Drive Sun City, AZ 85351

2 Beds 2 Baths 1,522 sqft Built 1961

$200,000

List Price

$1,380

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
January 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1961
  • Price/Sqft : $131.41
  • 7 Days on Market
  • MLS # : 6175132
  • Updated Date : 01/27/2021 at 21:30
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,522 sqft
  • Baths : 1 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

Charming, Spacious, and Energy Efficient Solar Powered Home! Warm & welcoming newly painted interior with plush carpet, ceiling fans, and neutral tiled floor in all the right places. Stylish remodeled kitchen with subway tile backsplash, pantry, & plenty of cabinet space. Amazing bonus room w/patio access. Generous sized living area and bedrooms, ample closets/storage, & 2 upscale bathrooms. Spacious laundry room plus a separate storage or workshop area. Large backyard setting w/covered patio and a shed, low maintenance landscape, & endless blue skies. No HOA, but is part of the Sun City Community Pool, Golf Course, & so much more. Do not miss out on this gem in this highly sought after neighborhood.

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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$180,000$220,000$200,000

PURCHASE PRICE

$1,242$1,518$1,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,380
EXPENSES Loan Payment -$695
Property Tax -$106
Property Insurance -$57
HOA -$41
Property Management Fees -$99
CASH FLOW
$382

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.

$200,000

PROJECTED PRICE

$1,380

PROJECTED RENT

0.69%

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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

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$58,750

INVESTMENT

$58,750

Down Payment
$50,000
Rehab Estimate
$5,750
Closing Costs
$3,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$695

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $50,000
Loan Amount $150,000
See What Happens When You Reinvest Cash Flow

14.25

YEARS SAVED

$46,520

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,380

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,393

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2503$1,3504$1,3805$1,395
$1,395
RENT COMPS ANALYSIS
  • 10810 W El Dorado Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,522 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,522 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $1,380
    • $0.91
    •  
  • 10426 W Camden Avenue Sun City, AZ 1
    • 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
    •  
  • 10007 W Lakeview Circle S Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,435 Sqft ∙ Built 1962 2 beds 2 baths ∙ 1,435 Sqft ∙ Built 1962
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.87
    •  
  • 10214 W Pinehurst Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,426 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,426 Sqft ∙ Built 1963
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.95
    •  
  • 11051 W Sun City Boulevard Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,473 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,473 Sqft ∙ Built 1961
    LEASED 11/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.95
    •  
PROPERTY LISTING DETAILS
Inna Novey
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6175132
Last Updated: 01/27/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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