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INVESTimate
$375,000
List Price
$105,125
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $172.73
- 2 Days on Market
- MLS # : 6114659
- Updated Date : 08/24/2020 at 23:06
CONSTRUCTION
- Beds : 3
- Floor Size : 2,171 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
Pool, golf course, mountains is what you see from your bay window in your eat in kitchen. This modified Castillo was remodeled approx 2005 & has a half wall between the living room & Arizona rm giving an open feel. Plantation shutters on most windows keeps it cool in the summer. Smooth ceilings w/recessed lights through out. With the push of buttons, roll up shutters completely enclose your back patio. Security shutters on most other windows are great for vacationing. Owner suite has double walk-in closets & a patio door to outside. 2 other spacious bedrooms on opposite side of house. Gated courtyard. So much to love about this home! Located in the 55+, award winning community of Sun City West where everyday feels like a vacation.
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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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,560 |
EXPENSES | Loan Payment | -$1,384 |
Property Tax | -$216 | |
Property Insurance | -$70 | |
HOA | -$41 | |
Property Management Fees | -$99 | |
CASH FLOW
-$249
|
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.
$375,000
PROJECTED PRICE
$1,560
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.35% |
Appreciation Year (1-5) | 7.59% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.24% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$105,125
LOAN DETAILS
$1,384
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $93,750 |
Loan Amount | $281,250 |
2.42
YEARS SAVED
$8,166
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
-
$1,558
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6114659
Last Updated: 08/24/2020

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.