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INVESTimate
$249,718
List Price
$71,925
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $199.77
- 1 Days on Market
- MLS # : 6122691
- Updated Date : 08/26/2020 at 03:00
CONSTRUCTION
- Beds : 2
- Floor Size : 1,250 sqft
- Baths : 1 full
Listing Agent
Homesmart
Listing Agent's Description
Over $40,000 in major improvements just completed! Move in and enjoy! Happy, light, and bright! 2BD + 6' walk-in closets + plus Huge DEN! + plus 2 CAR GARAGE! + plus GOLF CART SPACE! + plus 3 HUGE COVERED PATIOS! + plus FULLY FENCED + plus generous .22 ACRE LOT! Fantastic ''Phase 3'' Willowbrook Golf Course area LOCATION! Near the Clubhouse, Greens, and Rec Center! Perfect North South SHADE! The perfect place for plaid pants, green skorts, paper cocktail umbrellas, and a pink Cadillac. Hang your hat & scarf here! Set down your clubs and relax....An ACE Hole in One, this lil' Birdie is...Right here!! A complete set of Architectural plans are sold with this home to add a 400 square foot 2nd master suite or in-law quarters. Don't miss this fantastic value buy in a prime location!
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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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,230 |
EXPENSES | Loan Payment | -$921 |
Property Tax | -$133 | |
Property Insurance | -$52 | |
HOA | -$41 | |
Property Management Fees | -$99 | |
CASH FLOW
-$16
|
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.
$249,718
PROJECTED PRICE
$1,230
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 9.80% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.24% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$71,925
LOAN DETAILS
$921
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $62,430 |
Loan Amount | $187,289 |
5.42
YEARS SAVED
$16,976
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 -
$0.98
LIST RENT PER SQFT
-
$1,091
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122691
Last Updated: 08/26/2020

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.