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10849 W Kaibab Drive Sun City, AZ 85373

2 Beds 1 Baths 1,088 sqft Built 1975

$235,000

List Price

$1,160

$1K - $1.3K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1975
  • Price/Sqft : $215.99
  • 3 Days on Market
  • MLS # : 6167644
  • Updated Date : 12/04/2020 at 10:19
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,088 sqft
  • Baths : 1 full
Listing Agent

Realty One Group

Listing Agent's Description

You will love this wonderful home, located on a quiet street in the Adult Community of Sun City. Notice the various varieties of cactus in your front yard. Seller expanded the kitchen in 2018, and installed new Ikea cabinets with granite counters. LOADS of storage and space to spread out while you cook! Appliances are only about 3 years old. Tile floors in most of the home, with Laminate installed in bedrooms-no carpet! New Windows installed in 2018 including new slider. No roof worries in this house-Roof completed 2017. 3/4 Bath was added to the Master. Covered patio had screen added in 2018. Fully fenced back yard, and includes dog kennel which stays w/ the home. 2 Car garage features lots of built in storage cabinets, and sink -Laundry in Garage. *LEASED SOLAR*

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.
 

$211,500$258,500$235,000

PURCHASE PRICE

$1,044$1,276$1,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,160
EXPENSES Loan Payment -$867
Property Tax -$125
Property Insurance -$48
HOA -$41
Property Management Fees -$99
CASH FLOW
-$20

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.

$235,000

PROJECTED PRICE

$1,160

PROJECTED RENT

0.49%

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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,025

INVESTMENT

$68,025

Down Payment
$58,750
Rehab Estimate
$5,750
Closing Costs
$3,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$867

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,750
Loan Amount $176,250
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$15,461

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,160

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $1,074

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$895
1$8952$1,1503$1,1504$1,1605$1,199
$1,199
RENT COMPS ANALYSIS
  • 10849 W Kaibab Drive Sun City, AZ 4
    • 2 beds 1 baths ∙ 1,088 Sqft ∙ Built 1975 2 beds 1 baths ∙ 1,088 Sqft ∙ Built 1975
    • Rent
    • Rent Per SQFT
    •  
    • $1,160
    • $1.07
    •  
  • 19227 N Carnation Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 910 Sqft ∙ Built 1978 2 beds 2 baths ∙ 910 Sqft ∙ Built 1978
    LEASED 05/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $895
    • $0.98
    •  
  • 17404 N 99th Avenue #317 Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,109 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,109 Sqft ∙ Built 1985
    LEASED 12/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $1.04
    •  
  • 11022 W Welk Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,226 Sqft ∙ Built 1974 2 beds 2 baths ∙ 1,226 Sqft ∙ Built 1974
    LEASED 12/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.94
    •  
  • 10250 W Campana Drive Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,210 Sqft ∙ Built 1974 2 beds 2 baths ∙ 1,210 Sqft ∙ Built 1974
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,199
    • $0.99
    •  
PROPERTY LISTING DETAILS
Missy Ellsworth
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167644
Last Updated: 12/04/2020
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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