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12515 W Paintbrush Drive Sun City West, AZ 85375

3 Beds 2 Baths 2,319 sqft Built 1981

$399,900

List Price

$2,160

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

February 01, 2021 RECENTLY ADDED
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

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10132109

* 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 Regular 2,457 101 4
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students: 2,457
  • # of teachers: 101
4
GreatSchools Rating

Valley Vista High School

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

$359,910$439,890$399,900

PURCHASE PRICE

$1,944$2,376$2,160

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$1,389

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

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
$1,485
1$1,4852$1,5003$1,5504$1,6005$2,160
$2,160
RENT COMPS ANALYSIS
  • 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
Susan Dafnis
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184870
Last Updated: 02/01/2021
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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