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11739 W Donald Drive Sun City, AZ 85373

3 Beds 2 Baths 1,901 sqft Built 2008

$330,000

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $173.59
  • 2 Days on Market
  • MLS # : 6160262
  • Updated Date : 11/21/2020 at 02:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,901 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Enjoy easy Arizona living in this enchanting open floorplan home on a highly sought-after corner lot in the Crossriver community. Sun City address, no age restr. Close to shopping, dining, amenities & Hwy 303. This beautiful home is light & bright & invites you to relax & delight in its many features. In the heart of this home is the large gourmet kitchen w/raised-panel cabinets & crown molding, island/breakfast bar, pantry, abundant cabinet space, & SS appliances. Dining area leads to patio & backyard. Split floorplan features 3 bedrooms plus den off main living area. Owner suite incl large walk-in closet & elegantly designed, stacked stone/tile walk-in spa shower. Raised panel doors, 9' flat ceilings & ceiling fans. Windows w/custom plantation shutters highlight open sky & outdoor views.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Crossriver

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $83k358k

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

Neighborhood: Crossriver

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600170018001900Rent in $8661981

* 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
Zuni Hills Elementary School Primary Regular 849 40 7
Zuni Hills Elementary School Middle Regular 849 40 7
Liberty High School High Regular 2,141 93 6

Zuni Hills Elementary School

  • Education Level: Primary
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Zuni Hills Elementary School

  • Education Level: Middle
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating
 

$297,000$363,000$330,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$1,218
Property Tax -$259
Property Insurance -$64
HOA -$65
Property Management Fees -$99
CASH FLOW
-$205

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$330,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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-$6.0k-$4.0k-$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$93,200

INVESTMENT

$93,200

Down Payment
$82,500
Rehab Estimate
$5,750
Closing Costs
$4,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,218

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,500
Loan Amount $247,500
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$6,133

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,500

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,592

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4953$1,5004$1,5955$1,650
$1,650
RENT COMPS ANALYSIS
  • 11739 W Donald Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,901 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,901 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.79
    •  
  • 11846 W Robin Court Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,628 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,628 Sqft ∙ Built 2008
    LEASED 07/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.89
    •  
  • 12024 W Louise Court Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,919 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,919 Sqft ∙ Built 2008
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.78
    •  
  • 11808 W Planada Lane Sun City, AZ 4
    • 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2006
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.76
    •  
  • 11832 W Donald Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,784 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,784 Sqft ∙ Built 2012
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.92
    •  
PROPERTY LISTING DETAILS
Rosalind Marie Rogers
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160262
Last Updated: 11/21/2020
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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