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12531 W Paintbrush Drive Sun City West, AZ 85375

3 Beds 2 Baths 2,291 sqft Built 1980

$388,000

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

November 08, 2020 RECENTLY ADDED
FACTS
  • Built In 1980
  • Price/Sqft : $169.36
  • 1 Days on Market
  • MLS # : 6157872
  • Updated Date : 11/07/2020 at 19:35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,291 sqft
  • Baths : 2 full
Listing Agent

Long Realty West Valley

Listing Agent's Description

Enjoy spectacular water and mountain views across double fairways of the Briarwood Country Club golf course (Hole #13). This modified Castillo has been reconfigured to include both a jetted tub and walk in shower in the master bath. A bay window breakfast nook has been added adjacent to the kitchen, and the utility room has been expanded to include an office with built in cabinets and desk. A newer sliding door provides access to the spacious patio from the Arizona family room. Patio awnings allow owner to control sun on the back patio. Guest bedrooms are split from the spacious master suite. A large formal dining area flows into the living room, perfect for entertaining. Beautiful wood floors highlight the main living areas. Plantation Shutters. The Home is offered partially furnished.

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
Thompson Ranch Elementary School Primary Regular 979 46 2
Thompson Ranch Elementary School Middle Regular 979 46 2
Valley Vista High School High Regular 2,457 101 4

Thompson Ranch Elementary School

  • Education Level: Primary
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Thompson Ranch Elementary School

  • Education Level: Middle
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Valley Vista High School

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

$349,200$426,800$388,000

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$1,432
Property Tax -$223
Property Insurance -$72
HOA -$41
Property Management Fees -$99
CASH FLOW
-$267

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.

$388,000

PROJECTED PRICE

$1,600

PROJECTED RENT

0.41%

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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

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$108,570

INVESTMENT

$108,570

Down Payment
$97,000
Rehab Estimate
$5,750
Closing Costs
$5,820

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,432

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $97,000
Loan Amount $291,000
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$7,926

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,638

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3753$1,4254$1,4855$1,600
$1,600
RENT COMPS ANALYSIS
  • 12531 W Paintbrush Drive Sun City West, AZ 1
    • 3 beds 2 baths ∙ 2,291 Sqft ∙ Built 1980 3 beds 2 baths ∙ 2,291 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13227 W Marble Drive Sun City West, AZ 2
    • 3 beds 2 baths ∙ 1,958 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,958 Sqft ∙ Built 1979
    property image
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.70
    •  
  • 12907 W Keystone Drive Sun City West, AZ 3
    • 3 beds 2 baths ∙ 1,958 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,958 Sqft ∙ Built 1979
    property image
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.73
    •  
  • 12826 W Crystal Lake Drive Sun City West, AZ 4
    • 3 beds 2 baths ∙ 2,152 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,152 Sqft ∙ Built 1983
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,485
    • $0.69
    •  
  • 17814 N Conquistador Drive Sun City West, AZ 5
    • 3 beds 2 baths ∙ 2,166 Sqft ∙ Built 1979 3 beds 2 baths ∙ 2,166 Sqft ∙ Built 1979
    property image
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.74
    •  
PROPERTY LISTING DETAILS
Ruth Krinke
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157872
Last Updated: 11/07/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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