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INVESTimate
$270,000
List Price
$77,300
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1986
- Price/Sqft : $163.74
- 3 Days on Market
- MLS # : 6121936
- Updated Date : 08/24/2020 at 13:58
CONSTRUCTION
- Beds : 2
- Floor Size : 1,649 sqft
- Baths : 2 full
Listing Agent
Offerpad
Listing Agent's Description
VACANT!! Come see this single story home in Sun City West! This home offers a NEW ROOF, fresh interior paint, new luxury vinyl plank flooring and new carpet. Formal living room with vaulted ceilings and a family room at the back of the home. The eat in kitchen features ample cabinet and counter space and new stainless steel appliances. The primary bedroom has an ensuite bathroom with dual sinks and a walk in closet. The spacious laundry room has a sink and desk/work space with storage. Enjoy all the great amenities Sun City West has to offer, view today!
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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 | $1,340 |
EXPENSES | Loan Payment | -$996 |
Property Tax | -$155 | |
Property Insurance | -$59 | |
HOA | -$40 | |
Property Management Fees | -$99 | |
CASH FLOW
-$10
|
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.
$270,000
PROJECTED PRICE
$1,340
PROJECTED RENT
0.50%
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
$77,300
LOAN DETAILS
$996
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $67,500 |
Loan Amount | $202,500 |
5.5
YEARS SAVED
$18,817
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
-
$1,340
COMP ESTIMATED VALUE -
$0.81
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Offerpad
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6121936
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.