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10841 N 108th Drive Sun City, AZ 85351

2 Beds 2 Baths 1,330 sqft Built 1961

$260,000

List Price

$1,230

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1961
  • Price/Sqft : $195.49
  • 4 Days on Market
  • MLS # : 6198952
  • Updated Date : 02/26/2021 at 22:23
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,330 sqft
  • Baths : 2 full
Listing Agent

Delex Realty

Listing Agent's Description

Don't settle. This beautiful home has it all. A beautiful kitchen, new tile floors, new paint inside and out, modern light fixtures, a complete appliance package (except washer and dryer) new blinds, closets galore and a sprawling floorplan that is perfect for entertaining. Two well-appointed bathrooms including one in the master bedroom. A beautiful, large yard and a huge backyard patio. And speaking of huge, you'll love the huge laundry room. This home is just waiting for your personal touch to make it the perfect place for friends and family. All this on a quiet cul-de-sac.

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
 

$234,000$286,000$260,000

PURCHASE PRICE

$1,107$1,353$1,230

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,230
EXPENSES Loan Payment -$903
Property Tax -$138
Property Insurance -$53
HOA -$41
Property Management Fees -$99
CASH FLOW
-$5

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.

$260,000

PROJECTED PRICE

$1,230

PROJECTED RENT

0.47%

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$903

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$15,268

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,230

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $1,343

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,2253$1,2304$1,2505$1,350
$1,350
RENT COMPS ANALYSIS
  • 10841 N 108th Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,330 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,330 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $1,230
    • $0.92
    •  
  • 10824 W Connecticut Avenue Sun City, AZ 1
    • 2 beds 1 baths ∙ 1,161 Sqft ∙ Built 1961 2 beds 1 baths ∙ 1,161 Sqft ∙ Built 1961
    LEASED 10/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.95
    •  
  • 10432 W Peoria Avenue Sun City, AZ 2
    • 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
    •  
  • 11025 N 110th Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1962 2 beds 2 baths ∙ 1,280 Sqft ∙ Built 1962
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.98
    •  
  • 11418 N 109th Avenue Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,226 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,226 Sqft ∙ Built 1961
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.10
    •  
PROPERTY LISTING DETAILS
Damian P Nunez
Delex Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6198952
Last Updated: 02/26/2021
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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