Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

10906 W Amber Trail Sun City, AZ 85351

3 Beds 2 Baths 1,832 sqft Built 1973

$285,000

List Price

$1,350

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

October 31, 2020 RECENTLY ADDED
FACTS
  • Built In 1973
  • Price/Sqft : $155.57
  • 4 Days on Market
  • MLS # : 6154687
  • Updated Date : 11/02/2020 at 18:26
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,832 sqft
  • Baths : 1 full , 1 half
Listing Agent

Russ Lyon Sotheby's International Realty

Listing Agent's Description

Well-cared for move-in ready home with THREE BEDROOMS, plus a DEN and ENCLOSED back PATIO! ROOF replaced in 2017. Popcorn ceilings removed. Stucco exterior updates the look of the home, and provides extra insulation. Diagonal tile in wet areas, and very attractive Vinyl Wood-looking flooring in the living areas, carpet in the bedrooms and den. The kitchen features a STAINLESS STEEL appliance package (2018), including built-in microwave, and cabinet pull-outs. You will be happy to know that the windows are Dual Pane (except den). French doors with inlaid blinds lead to the large, open backyard. There are Plantation Shutters in some rooms, and there is an enclosed WORKSHOP in the garage that is ducted for heat and cooling. LEASED SOLAR results in 0 APS. Electrical panel is upgraded.

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.
 

$256,500$313,500$285,000

PURCHASE PRICE

$1,215$1,485$1,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,350
EXPENSES Loan Payment -$1,052
Property Tax -$152
Property Insurance -$63
HOA -$41
Property Management Fees -$99
CASH FLOW
-$56

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.

$285,000

PROJECTED PRICE

$1,350

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$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$81,275

INVESTMENT

$81,275

Down Payment
$71,250
Rehab Estimate
$5,750
Closing Costs
$4,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,052

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $71,250
Loan Amount $213,750
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$15,820

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,525

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,3954$1,4005$1,500
$1,500
RENT COMPS ANALYSIS
  • 10906 W Amber Trail Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17809 N Monte Vista Court Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1975
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.86
    •  
  • 10618 W Welk Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,661 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,661 Sqft ∙ Built 1975
    LEASED 10/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.84
    •  
  • 11201 W Pueblo Court Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,788 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,788 Sqft ∙ Built 1974
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.78
    •  
  • 18222 N Willowbrook Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,774 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,774 Sqft ∙ Built 1976
    LEASED 09/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.85
    •  
PROPERTY LISTING DETAILS
Linda J. Allison
Russ Lyon Sotheby's International Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154687
Last Updated: 11/02/2020
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.

BESbswy