Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $231.09
- 3 Days on Market
- MLS # : 6196723
- Updated Date : 02/19/2021 at 21:00
CONSTRUCTION
- Beds : 2
- Floor Size : 1,904 sqft
- Baths : 2 full
Listing Agent
Good Company Real Estate
Listing Agent's Description
Gorgeous curb appeal for this 2 bed plus den/office, 2 bath home nestled in the heart of Corte Bella Country Club, the 45+ premier active adult community of the northwest valley with fabulous amenities, 2 restaurants and an 18 hole championship golf course. Must see interior features tile flooring, vaulted ceilings and an open concept floorplan. Perfect for entertaining. Kitchen boasts stainless steel appliances, stylish countertops, gas cooking and a center island with breakfast bar seating. Lovely master retreat with wood look flooring, includes spacious en suite with dual sinks, soaking tub and separate shower. You'll love gathering with friends and family on the charming covered paver patio with built in fire pit. Do not miss out on this gem. See it today!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Calle Real at Corte Bella Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Calle Real at Corte Bella Country Club
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,840 |
| EXPENSES | Loan Payment | -$1,528 |
| Property Tax | -$404 | |
| Property Insurance | -$64 | |
| HOA | -$58 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$314
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$440,000
PROJECTED PRICE
$1,840
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 7.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| 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
$122,350
LOAN DETAILS
$1,528
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $110,000 |
| Loan Amount | $330,000 |
1.58
YEARS SAVED
$4,055
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,840
LIST RENT -
$0.97
LIST RENT PER SQFT
-
$1,495
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
-
12922 W Ridgley Drive Sun City West, AZ 5
- 2 beds 2 baths ∙ 1,904 Sqft ∙ Built 2005 2 beds 2 baths ∙ 1,904 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,840
- $0.97
-
13722 W Nogales Drive Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,904 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,904 Sqft ∙ Built 2006
LEASED 10/17/19- Rent
- Rent Per SQFT
- $1,500
- $0.79
-
13562 W Via Tercero Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 2,046 Sqft ∙ Built 1995 2 beds 2 baths ∙ 2,046 Sqft ∙ Built 1995
LEASED 08/15/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
-
13283 W Micheltorena Court Sun City West, AZ 3
- 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2007 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2007
LEASED 09/18/20- Rent
- Rent Per SQFT
- $1,600
- $0.76
-
21913 N Pedregosa Court Sun City West, AZ 4
- 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2004 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2004
LEASED 11/13/19- Rent
- Rent Per SQFT
- $1,700
- $0.81
PROPERTY LISTING DETAILS
Good Company Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196723
Last Updated: 02/19/2021
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.
