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PROPERTY INFO
FACTS
- Single Family
- Built In 1959
- Price/Sqft : $231.26
- 2 Days on Market
- MLS # : 6197073
- Updated Date : 02/21/2021 at 00:08
CONSTRUCTION
- Beds : 2
- Floor Size : 947 sqft
- Baths : 1 full
Listing Agent
Homesmart
Listing Agent's Description
Updated beautiful home on the Golf course. Gorgeous curb appeal and home was recently painted on the exterior. Open front room with golf course views, recently painted interior. Hot water heater, carpet & fixtures are less than 1 yr old. Golf cart storage, workshop plus 1 car garage and all the Amenities of Sun City. Preview this home today, it won't last long. For additional information, please call Julie Tucker 602 435-6343
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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 | $1,130 |
| EXPENSES | Loan Payment | -$761 |
| Property Tax | -$117 | |
| Property Insurance | -$46 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$67
|
||
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.
$219,000
PROJECTED PRICE
$1,130
PROJECTED RENT
0.52%
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
$63,785
LOAN DETAILS
$761
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $54,750 |
| Loan Amount | $164,250 |
7.25
YEARS SAVED
$19,170
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,063
COMP ESTIMATED VALUE -
$1.12
COMP AVG. RENT PER SQFT
Comps Range
-
12241 N Augusta Drive Sun City, AZ 1
- 2 beds 1 baths ∙ 947 Sqft ∙ Built 1959 2 beds 1 baths ∙ 947 Sqft ∙ Built 1959
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
11005 W Alabama Avenue Sun City, AZ 2
- 2 beds 2 baths ∙ 936 Sqft ∙ Built 1960 2 beds 2 baths ∙ 936 Sqft ∙ Built 1960
![property image]()
LEASED 10/04/20- Rent
- Rent Per SQFT
- $1,100
- $1.18
-
12640 N 113th Avenue Youngtown, AZ 3
- 2 beds 2 baths ∙ 1,011 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,011 Sqft ∙ Built 1975
![property image]()
LEASED 12/21/20- Rent
- Rent Per SQFT
- $1,100
- $1.09
-
10701 W Cherry Hills Drive W Sun City, AZ 4
- 2 beds 1 baths ∙ 1,098 Sqft ∙ Built 1960 2 beds 1 baths ∙ 1,098 Sqft ∙ Built 1960
![property image]()
LEASED 12/02/20- Rent
- Rent Per SQFT
- $1,150
- $1.05
-
12402 N Pebble Beach Drive Sun City, AZ 5
- 2 beds 2 baths ∙ 1,110 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,110 Sqft ∙ Built 1960
![property image]()
LEASED 11/21/20- Rent
- Rent Per SQFT
- $1,295
- $1.17
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197073
Last Updated: 02/21/2021
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.
