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10941 W Canterbury Drive Sun City, AZ 85351

3 Beds 2 Baths 1,525 sqft Built 1961

$279,900

List Price

$1,240

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1961
  • Price/Sqft : $183.54
  • 2 Days on Market
  • MLS # : 6181635
  • Updated Date : 01/16/2021 at 15:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,525 sqft
  • Baths : 1 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

THIS HOME WON'T LAST!! Don't miss this gorgeous single level home located in the Active Adult community of Sun City. The outdoor oasis boasts an oversized 20' x 40' private diving pool with ramada. Inside features 3 spacious bedrooms, 1 .75 baths and large kitchen with eat in breakfast room . Both baths have been remodeled with tile floors, natural stone surrounds and jacuzzi tub. Upgrades include OWNED SOLAR, granite counter tops, new windows, doors, pool pump, pool filter and water heater. This home also has sought after extra off street parking and covered golf car parking in gated backyard. This home is a must see!**above ground freestanding spa and pool heater do not convey**

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.
 

$251,910$307,890$279,900

PURCHASE PRICE

$1,116$1,364$1,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,240
EXPENSES Loan Payment -$972
Property Tax -$149
Property Insurance -$57
HOA -$41
Property Management Fees -$99
CASH FLOW
-$78

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.

$279,900

PROJECTED PRICE

$1,240

PROJECTED RENT

0.44%

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

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$79,924

INVESTMENT

$79,924

Down Payment
$69,975
Rehab Estimate
$5,750
Closing Costs
$4,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$972

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $69,975
Loan Amount $209,925
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$10,847

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
  • $1,247

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,1953$1,2004$1,2215$1,295
$1,295
RENT COMPS ANALYSIS
  • 10941 W Canterbury Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,525 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,525 Sqft ∙ Built 1961
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11388 N 111th Avenue Youngtown, AZ 2
    • 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 1958
    property image
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.76
    •  
  • 12076 N Pebble Beach Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1960
    property image
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.81
    •  
  • 11007 N Madison Drive Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962
    property image
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,221
    • $0.78
    •  
  • 12208 N Pebble Beach Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,401 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,401 Sqft ∙ Built 1960
    property image
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.92
    •  
PROPERTY LISTING DETAILS
Julie Hakalmazian
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6181635
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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