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13228 W Hyacinth Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,527 sqft Built 1979

$240,000

List Price

$1,420

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
December 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $157.17
  • 6 Days on Market
  • MLS # : 6173901
  • Updated Date : 12/23/2020 at 15:01
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,527 sqft
  • Baths : 2 full
Listing Agent

Encore Realty

Listing Agent's Description

Large open floor plan includes great room with large formal dining, 2 bedroom, 2 bath, walk-in closets and over sized laundry/workshop. Large lot, extra large AZ room, 2 car garage with built in cabinet, solar electric panels to minimize electric bills and much more.

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
 

$216,000$264,000$240,000

PURCHASE PRICE

$1,278$1,562$1,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,420
EXPENSES Loan Payment -$886
Property Tax -$138
Property Insurance -$57
HOA -$41
Property Management Fees -$99
CASH FLOW
$200

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.

$240,000

PROJECTED PRICE

$1,420

PROJECTED RENT

0.59%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$69,350

INVESTMENT

$69,350

Down Payment
$60,000
Rehab Estimate
$5,750
Closing Costs
$3,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$886

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $60,000
Loan Amount $180,000
See What Happens When You Reinvest Cash Flow

9.83

YEARS SAVED

$39,554

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,420

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,439

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,4203$1,5004$1,5005$1,595
$1,595
RENT COMPS ANALYSIS
  • 13228 W Hyacinth Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $1,420
    • $0.93
    •  
  • 13234 W Palmwood Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,401 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,401 Sqft ∙ Built 1979
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.89
    •  
  • 18219 N 130th Avenue Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1979
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.97
    •  
  • 19014 N 133rd Avenue Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,565 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,565 Sqft ∙ Built 1979
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.96
    •  
  • 13502 W White Rock Drive Sun City West, AZ 5
    • 2 beds 3 baths ∙ 1,678 Sqft ∙ Built 1995 2 beds 3 baths ∙ 1,678 Sqft ∙ Built 1995
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.95
    •  
PROPERTY LISTING DETAILS
Bob Ingram
Encore Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6173901
Last Updated: 12/23/2020
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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