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11449 N Coggins Drive Sun City, AZ 85351

3 Beds 2 Baths 1,766 sqft Built 1964

$249,900

List Price

$1,570

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $141.51
  • 4 Days on Market
  • MLS # : 6178136
  • Updated Date : 01/09/2021 at 22:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,766 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Pizzaz Plus! Nicely updated and gently lived in this house is a PEACH! The golf course location means views of the fairway with sunfilled morings and shady afternoons from the covered patio. Energy efficient w/Dual Pane Windows and Cooling Ceiling Fans. Stainless steel palliances add a modern touch to the tastefully updated kitchen with granite counter tops and a dining area with a view to the greenway. This extremely well kept house has so much to offer for easy retirement living including good size bedrooms with large closets and lot of storage space. Newer 3-tab Dimensional Shingeled Roof, Newer AC Unit, Newer Hot Water Heater, Newer Bathroom Updates Easy Care Landscape, Low Taxes, Quiet Neightborhood. Sun City offers the finest Medical Care around plus fun acitivies to enjoy. See Today

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.
 

$224,910$274,890$249,900

PURCHASE PRICE

$1,413$1,727$1,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,570
EXPENSES Loan Payment -$868
Property Tax -$133
Property Insurance -$62
HOA -$41
Property Management Fees -$99
CASH FLOW
$367

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.

$249,900

PROJECTED PRICE

$1,570

PROJECTED RENT

0.63%

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$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$71,974

INVESTMENT

$71,974

Down Payment
$62,475
Rehab Estimate
$5,750
Closing Costs
$3,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,475
Loan Amount $187,425
See What Happens When You Reinvest Cash Flow

12.67

YEARS SAVED

$50,720

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,570

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,475

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,195
1$1,1952$1,2003$1,3954$1,4255$1,570
$1,570
RENT COMPS ANALYSIS
  • 11449 N Coggins Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1964
    • Rent
    • Rent Per SQFT
    •  
    • $1,570
    • $0.89
    •  
  • 10750 W Crosby Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,473 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,473 Sqft ∙ Built 1961
    LEASED 08/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.81
    •  
  • 10825 W Canterbury Drive Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1961
    LEASED 01/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.79
    •  
  • 10050 W Clair Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 1965
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.86
    •  
  • 12214 N Thunderbird Road Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1960
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.88
    •  
PROPERTY LISTING DETAILS
Linda M Warren
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178136
Last Updated: 01/09/2021
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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