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10902 W Willowbrook Drive W Sun City, AZ 85373

2 Beds 1 Baths 1,250 sqft Built 1975

INVESTimate

$249,718

List Price

$1,230

$1,107 - $1,353

Rent Est.

$274,190  ( +9.80%)   1 YR EST. FORECAST

PROPERTY INFO

August 26, 2020 RECENTLY ADDED
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

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.
 

$224,746$274,690$249,718

PURCHASE PRICE

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

RENT

DOWN PAYMENT
FINANCING

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$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

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

ASSUMPTIONS

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

TOTAL OUT OFPOCKET$71,925

INVESTMENT

$71,925

Down Payment
$62,430
Rehab Estimate
$5,750
Closing Costs
$3,746

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$921

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $62,430
Loan Amount $187,289
See What Happens When You Reinvest Cash Flow

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
$1,199
1$1,1992$1,2003$1,2304$1,2455$1,250
$1,250
RENT COMPS ANALYSIS
  • 10902 W Willowbrook Drive W Sun City, 3
    • 2 beds 1 baths ∙ 1,250 Sqft ∙ Built 1975 2 beds 1 baths ∙ 1,250 Sqft ∙ Built 1975
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,230
    • $0.98
    •  
  • 19222 N Pierson Road Sun City, 1
    • 2 beds 3 baths ∙ 1,441 Sqft ∙ Built 1971 2 beds 3 baths ∙ 1,441 Sqft ∙ Built 1971
    property image
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,199
    • $0.83
    •  
  • 10718 W Boswell Boulevard Sun City, 2
    • 2 beds 2 baths ∙ 1,385 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,385 Sqft ∙ Built 1975
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.87
    •  
  • 18626 N Welk Drive Sun City, 4
    • 2 beds 2 baths ∙ 1,416 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,416 Sqft ∙ Built 1976
    property image
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,245
    • $0.88
    •  
  • 18805 N 104th Drive Sun City, 5
    • 2 beds 2 baths ∙ 1,376 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,376 Sqft ∙ Built 1976
    property image
    LEASED 09/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.91
    •  
PROPERTY LISTING DETAILS
Richard Von Lohmann
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6122691
Last Updated: 08/26/2020
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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