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PROPERTY INFO
FACTS
- Single Family
- Built In 1960
- Price/Sqft : $157.66
- 2 Days on Market
- MLS # : 6187901
- Updated Date : 01/30/2021 at 21:29
CONSTRUCTION
- Beds : 2
- Floor Size : 1,332 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Charming 2 bed, 2 bath . Both bedrooms are spacious have carpet & ceiling fans. Large backyard for you to add your personal touches. Close to shopping, dining, golf and the US 60. Come see this home today!The home is tentant occupied please give a 24 hour notice before making yout appt on showing time
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PRICE & RENT TRENDS
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,330 |
| EXPENSES | Loan Payment | -$729 |
| Property Tax | -$112 | |
| Property Insurance | -$53 | |
| HOA | -$86 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$251
|
||
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.
$210,000
PROJECTED PRICE
$1,330
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$61,400
LOAN DETAILS
$729
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $52,500 |
| Loan Amount | $157,500 |
11.42
YEARS SAVED
$36,626
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,330
LIST RENT -
$1
LIST RENT PER SQFT
-
$1,315
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
-
11854 N 107th Avenue Sun City, AZ 5
- 2 beds 2 baths ∙ 1,332 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,332 Sqft ∙ Built 1960
![property image]()
- Rent
- Rent Per SQFT
- $1,330
- $1.00
-
10824 W Connecticut Avenue Sun City, AZ 1
- 2 beds 1 baths ∙ 1,161 Sqft ∙ Built 1961 2 beds 1 baths ∙ 1,161 Sqft ∙ Built 1961
![property image]()
LEASED 10/31/20- Rent
- Rent Per SQFT
- $1,100
- $0.95
-
10531 W Connecticut Avenue Sun City, AZ 2
- 2 beds 2 baths ∙ 1,199 Sqft ∙ Built 1961 2 beds 2 baths ∙ 1,199 Sqft ∙ Built 1961
![property image]()
LEASED 02/08/20- Rent
- Rent Per SQFT
- $1,200
- $1.00
-
11006 W Canterbury Drive Sun City, AZ 3
- 2 beds 2 baths ∙ 1,236 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,236 Sqft ∙ Built 1960
![property image]()
LEASED 07/04/20- Rent
- Rent Per SQFT
- $1,200
- $0.97
-
12432 N Riviera Drive Sun City, AZ 4
- 2 beds 2 baths ∙ 1,167 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,167 Sqft ∙ Built 1960
![property image]()
LEASED 03/15/20- Rent
- Rent Per SQFT
- $1,205
- $1.03
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187901
Last Updated: 01/30/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
