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 1985
- Price/Sqft : $166.14
- 2 Days on Market
- MLS # : 6202026
- Updated Date : 03/07/2021 at 03:07
CONSTRUCTION
- Beds : 3
- Floor Size : 2,528 sqft
- Baths : 2 full
Listing Agent
Long Realty West Valley
Listing Agent's Description
This Spacious San Simeon,on the Grandview GC 12th Green, awaits your inspirational personal design*A Lovely Screened Lanai overlooks the Fully Fenced Yard & Golf Course*Plantation Shutters grace all 3 Bedrooms*The Large Utility Room, w/Ample Storage, incl. a 1 year old Gray LG Washer & Dryer on Pedestals*The Kitchen includes all Appl. w/newer Bosch Dishwasher*The Living/Dining Area has Vaulted Ceilings*The Family Room incl. Built-In Cabinets & is near the Kitchen & Breakfast Rm w/Bay Window*The Master Ensuite is separated from the remaining 2 Bedrooms*The 2.5 Car Garage has Built-In Storage Cabinets & room for a Golf Cart*All Furniture/Furnishings that are currently in the house & Garage can stay for $1,000 on a separate Bill of Sale*Click on ''More'' to see the Feature List.
SEE MORE
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 | $2,070 |
| EXPENSES | Loan Payment | -$1,459 |
| Property Tax | -$242 | |
| Property Insurance | -$76 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$153
|
||
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.
$420,000
PROJECTED PRICE
$2,070
PROJECTED RENT
0.49%
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
$117,050
LOAN DETAILS
$1,459
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $105,000 |
| Loan Amount | $315,000 |
7.5
YEARS SAVED
$39,702
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,070
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$1,744
COMP ESTIMATED VALUE -
$0.69
COMP AVG. RENT PER SQFT
Comps Range
-
13746 W Summerstar Drive Sun City West, AZ 5
- 3 beds 2 baths ∙ 2,528 Sqft ∙ Built 1985 3 beds 2 baths ∙ 2,528 Sqft ∙ Built 1985
- Rent
- Rent Per SQFT
- $2,070
- $0.82
-
17631 N 131st Drive Sun City West, AZ 1
- 3 beds 2 baths ∙ 2,355 Sqft ∙ Built 1979 3 beds 2 baths ∙ 2,355 Sqft ∙ Built 1979
LEASED 01/22/21- Rent
- Rent Per SQFT
- $1,500
- $0.64
-
13448 W Gable Hill Drive Sun City West, AZ 2
- 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,550
- $0.62
-
16426 N 152nd Lane Surprise, AZ 3
- 3 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004
LEASED 01/15/20- Rent
- Rent Per SQFT
- $1,850
- $0.74
-
15280 W Post Drive Surprise, AZ 4
- 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004
LEASED 12/21/19- Rent
- Rent Per SQFT
- $1,895
- $0.76
PROPERTY LISTING DETAILS
Long Realty West Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6202026
Last Updated: 03/07/2021
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.
