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12829 N Augusta Drive Sun City, AZ 85351

2 Beds 2 Baths 1,542 sqft Built 1960

$310,500

List Price

$1,210

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $201.36
  • 2 Days on Market
  • MLS # : 6184878
  • Updated Date : 01/23/2021 at 05:25
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,542 sqft
  • Baths : 1 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

Must see this updated home that sits on the 8th hole of the North Golf Course. Large porches font and back, to watch the golfers, sunrises and sunsets. A protected, screened porch with new carpet to sit out and sip your morning coffee. Bright updated kitchen with new white cabinets, Granite counter tops, stainless appliances and skylight. All new flooring. New bathroom vanities with updated/floor mounted toilets. New tile in the showers. New roof (2020) and freshly painted inside and out! Inside laundry room with a sewing/craft room or office. Electric garage door opener. Golf parking on the side of house. NOTHING TO DO, just bring your furniture and enjoy the amenities that SUN CITY has to offer while being close to shopping and sporting events. YOU''LL LOVE THIS PLACE!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $80k271k

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

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8261567

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$279,450$341,550$310,500

PURCHASE PRICE

$1,089$1,331$1,210

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,210
EXPENSES Loan Payment -$1,078
Property Tax -$165
Property Insurance -$57
HOA -$4
Property Management Fees -$99
CASH FLOW
-$194

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.

$310,500

PROJECTED PRICE

$1,210

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$88,033

INVESTMENT

$88,033

Down Payment
$77,625
Rehab Estimate
$5,750
Closing Costs
$4,658

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,078

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $77,625
Loan Amount $232,875
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$5,940

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
  • $1,388

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,0503$1,0754$1,1755$1,350
$1,350
RENT COMPS ANALYSIS
  • 12829 N Augusta Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,542 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,542 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12800 N 113th Avenue #3 Youngtown, AZ 2
    • 2 beds 2 baths ∙ 1,250 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,250 Sqft ∙ Built 1975
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,050
    • $0.84
    •  
  • 12810 N 113th Avenue #8 Youngtown, AZ 3
    • 2 beds 2 baths ∙ 1,250 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,250 Sqft ∙ Built 1975
    LEASED 11/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,075
    • $0.86
    •  
  • 12810 N 113th Avenue #7 Youngtown, AZ 4
    • 2 beds 2 baths ∙ 1,250 Sqft ∙ Built 1975 2 beds 2 baths ∙ 1,250 Sqft ∙ Built 1975
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,175
    • $0.94
    •  
  • 10813 W Santa Fe Drive Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,401 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,401 Sqft ∙ Built 1976
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.96
    •  
PROPERTY LISTING DETAILS
Marilynn Janson
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184878
Last Updated: 01/23/2021
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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