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12038 N Pebble Beach Drive Sun City, AZ 85351

3 Beds 2 Baths 1,579 sqft Built 1960

$293,990

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $186.19
  • 3 Days on Market
  • MLS # : 6193640
  • Updated Date : 02/13/2021 at 16:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,579 sqft
  • Baths : 2 full
Listing Agent

Delex Realty

Listing Agent's Description

1 of 4 Investor's Dream golf course lot Sun City 55+ rentals. Hard to find 3 bedroom, 2.5 bath, 2 car garage on GOLF COURSE home in the resort community of Sun City. Home features a formal living and dining area, galley kitchen with newer white cabinets & skylight, and a HUGE inside laundry room! Home has a spacious family room overlooking the golf course! Home boasts a large covered back patio that offers lots of privacy! Entire back and side yards are completely fenced in the event you have pets or want additional privacy and security. Home has lots of storage and closets, recently updated bathrooms, dual pane windows, updated interior doors, water softener, and built in shelves in garage. Washer/dryer and kitchen refrigerator included. Sun City is a 55+ community.

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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$264,591$323,389$293,990

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$1,021
Property Tax -$156
Property Insurance -$58
HOA -$41
Property Management Fees -$99
CASH FLOW
-$66

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.

$293,990

PROJECTED PRICE

$1,310

PROJECTED RENT

0.45%

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$12k

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$83,657

INVESTMENT

$83,657

Down Payment
$73,498
Rehab Estimate
$5,750
Closing Costs
$4,410

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,021

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,498
Loan Amount $220,493
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$12,582

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,310

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,311

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2213$1,2744$1,2955$1,310
$1,310
RENT COMPS ANALYSIS
  • 12038 N Pebble Beach Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $0.83
    •  
  • 12076 N Pebble Beach Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1960
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.81
    •  
  • 11007 N Madison Drive Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,221
    • $0.78
    •  
  • 10772 W Crosby Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1961
    LEASED 10/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,274
    • $0.81
    •  
  • 12208 N Pebble Beach Drive Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,401 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,401 Sqft ∙ Built 1960
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.92
    •  
PROPERTY LISTING DETAILS
David Blakeslee
Delex Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193640
Last Updated: 02/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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