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PROPERTY INFO
FACTS
- Single Family
- Built In 1985
- Price/Sqft : $172.19
- 5 Days on Market
- MLS # : 6161746
- Updated Date : 11/18/2020 at 12:37
CONSTRUCTION
- Beds : 3
- Floor Size : 2,323 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Awesome single level home with pool, office. and two car garage located in Sun City West. Large lot. Formal living, family, & dining room with access to the patio. Vaulted ceilings. Carpet & tile throughout. Plantation Shutters. The kitchen has custom oak cabinets, gorgeous granite counters, Island w/breakfast bar seating, electric cooktop, wall mount oven & microwave. The spacious family room has a built-in wet bar. Large interior laundry room.. Soft water system. Big bedrooms. The master has a private entrance, bay window sitting area and full bath with walk-in closet. The serene backyard has a beautiful Saltillo tiled covered patio and Ramada, sparkling diving pool and mature foliage. Community pool & spa. Close to shopping, dining, freeways. This is the one!
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,520 |
| EXPENSES | Loan Payment | -$1,476 |
| Property Tax | -$230 | |
| Property Insurance | -$72 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$398
|
||
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.
$400,000
PROJECTED PRICE
$1,520
PROJECTED RENT
0.38%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$111,750
LOAN DETAILS
$1,476
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $100,000 |
| Loan Amount | $300,000 |
1.25
YEARS SAVED
$2,758
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,518
COMP ESTIMATED VALUE -
$0.65
COMP AVG. RENT PER SQFT
Comps Range
-
13542 W Spring Meadow Drive Sun City West, AZ 1
- 3 beds 2 baths ∙ 2,323 Sqft ∙ Built 1985 3 beds 2 baths ∙ 2,323 Sqft ∙ Built 1985
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
15015 W Heritage Drive Sun City West, AZ 2
- 3 beds 2 baths ∙ 1,985 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,985 Sqft ∙ Built 1992
![property image]()
LEASED 03/02/20- Rent
- Rent Per SQFT
- $1,300
- $0.65
-
12826 W Crystal Lake Drive Sun City West, AZ 3
- 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
-
13448 W Gable Hill Drive Sun City West, AZ 4
- 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983
![property image]()
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,550
- $0.62
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6161746
Last Updated: 11/18/2020
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.
