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10949 W Sierra Pinta Drive Sun City, AZ 85373

3 Beds 2 Baths 1,637 sqft Built 1998

$344,900

List Price

$1,670

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 1998
  • Price/Sqft : $210.69
  • 2 Days on Market
  • MLS # : 6155114
  • Updated Date : 11/02/2020 at 20:04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,637 sqft
  • Baths : 2 full
Listing Agent

Award Realty

Listing Agent's Description

If looking for a full 3 Car Garage, look no further. This is a wonderful 3 BR, 2 BH home located in Ventana Lakes. The garage measures 29' wide x 24 ' 6'' Deep. This home has a wonderful open feeling with 10' ceilings throughout. Shutters throughtout except for the lovely covering on the back sliding door, Laminate flooring in the entrance leading to the laminate floor in the great room. Carpet in the bedrooms and tile in kitchen, laundry & bathrooms. Beautiful landscaping in a large back yard which is roughly 72' ft deep & 87 ft wide. Kitchen has granite countertops, decorator tile back splash and stainless steel appliances, Master B/R has 2 sinks and private toilet room, Decorator color paint throught the home. This one won't be here long, so hurry over

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Moonlight Bay at Ventana Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $83k333k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Moonlight Bay at Ventana Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700180019002000Rent in $8662003

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Parkridge Elementary School Primary Regular 896 41 9
Parkridge Elementary School Middle Regular 896 41 9
Sunrise Mountain High School High Regular 1,675 72 7

Parkridge Elementary School

  • Education Level: Primary
  • # of students: 896
  • # of teachers: 41
9
GreatSchools Rating

Parkridge Elementary School

  • Education Level: Middle
  • # of students: 896
  • # of teachers: 41
9
GreatSchools Rating

Sunrise Mountain High School

  • Education Level: High
  • # of students: 1,675
  • # of teachers: 72
7
GreatSchools Rating
 

$310,410$379,390$344,900

PURCHASE PRICE

$1,503$1,837$1,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,670
EXPENSES Loan Payment -$1,273
Property Tax -$250
Property Insurance -$59
HOA -$35
Property Management Fees -$99
CASH FLOW
-$46

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.

$344,900

PROJECTED PRICE

$1,670

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.4%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

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$97,149

INVESTMENT

$97,149

Down Payment
$86,225
Rehab Estimate
$5,750
Closing Costs
$5,174

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,273

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $86,225
Loan Amount $258,675
See What Happens When You Reinvest Cash Flow

5

YEARS SAVED

$20,542

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
  • $1,518

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4003$1,4754$1,4955$1,575
$1,575
RENT COMPS ANALYSIS
  • 10949 W Sierra Pinta Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,637 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,637 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10505 W Tonopah Drive Peoria, AZ 2
    • 3 beds 2 baths ∙ 1,557 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,557 Sqft ∙ Built 1989
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.90
    •  
  • 10384 W Tonopah Drive Peoria, AZ 3
    • 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 2000
    LEASED 12/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.95
    •  
  • 19565 N 110th Lane Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,611 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,611 Sqft ∙ Built 2003
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.93
    •  
  • 10748 W Beaubien Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 1996
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.93
    •  
PROPERTY LISTING DETAILS
Lynda Snelling
Award Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6155114
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.

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