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PROPERTY INFO
FACTS
- Single Family
- Built In 1981
- Price/Sqft : $172.45
- 7 Days on Market
- MLS # : 6184870
- Updated Date : 02/01/2021 at 08:15
CONSTRUCTION
- Beds : 3
- Floor Size : 2,319 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Must see! Beautiful home positioned near t 14 hole of Briarwood golf course.Enter to the wonderful private courtyard. Next enter the home, you see the formal dining rm, off to right 2 nice size Bdrms, bthrm & formal living room. check out the fabulous kitchen totally remodeled & updated! Butcher block cntrtops, modern open shelving, new stainless appliances, double sinks, instant hot water, pantry.Premium engineered vinyl flooring in kitchen & family room.tile in both bathrooms, sliding glass door exits from all bdrms & family room. Spacious Mstr Bdrm. All bdrms have walk-in closet Mstr has two. Wonderful Mstr Bath w/ new pedestal sink, toilet & beautiful tiled walk in shower. Covered screened in patio w fantastic view of golf course. 4 fruit trees. Extnded garage w/ built in cabinet
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PRICE & RENT TRENDS
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,160 |
| EXPENSES | Loan Payment | -$1,389 |
| Property Tax | -$230 | |
| Property Insurance | -$72 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$329
|
||
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.
$399,900
PROJECTED PRICE
$2,160
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.6% |
| 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
$111,724
LOAN DETAILS
$1,389
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $99,975 |
| Loan Amount | $299,925 |
9.83
YEARS SAVED
$57,525
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,160
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,560
COMP ESTIMATED VALUE -
$0.67
COMP AVG. RENT PER SQFT
Comps Range
-
12515 W Paintbrush Drive Sun City West, AZ 5
- 3 beds 2 baths ∙ 2,319 Sqft ∙ Built 1981 3 beds 2 baths ∙ 2,319 Sqft ∙ Built 1981
- Rent
- Rent Per SQFT
- $2,160
- $0.93
-
12826 W Crystal Lake Drive Sun City West, AZ 1
- 3 beds 2 baths ∙ 2,152 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,152 Sqft ∙ Built 1983
LEASED 10/01/19- Rent
- Rent Per SQFT
- $1,485
- $0.69
-
17631 N 131st Drive Sun City West, AZ 2
- 3 beds 2 baths ∙ 2,355 Sqft ∙ Built 1979 3 beds 2 baths ∙ 2,355 Sqft ∙ Built 1979
LEASED 01/22/21- Rent
- Rent Per SQFT
- $1,500
- $0.64
-
13448 W Gable Hill Drive Sun City West, AZ 3
- 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,550
- $0.62
-
17814 N Conquistador Drive Sun City West, AZ 4
- 3 beds 2 baths ∙ 2,166 Sqft ∙ Built 1979 3 beds 2 baths ∙ 2,166 Sqft ∙ Built 1979
LEASED 10/10/20- Rent
- Rent Per SQFT
- $1,600
- $0.74
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6184870
Last Updated: 02/01/2021
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.
