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13802 N Lakeshore Point Sun City, AZ 85351

2 Beds 2 Baths 2,234 sqft Built 1971

$425,000

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $190.24
  • 70 Days on Market
  • MLS # : 6138720
  • Updated Date : 12/12/2020 at 22:43
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,234 sqft
  • Baths : 2 full
Listing Agent

Tempus West Valley Realty

Listing Agent's Description

A TWO BEDROOM, TWO BATH HOME ON DAWN LAKE WITH OVER 2200 SQUARE FEET. IT SITS ON A THIRD OF AN ACRE LOT AT THE END OF THE CUL-DE-SAC. HOME NEEDS TLC. THIS HOME HAS A FORMAL LIVING ROOM, FORMAL DINING ROOM, EAT-IN KITCHEN, A FAMILY ROOM AND AN ARIZONA ROOM. WAIT TILL YOU SEE THE VIEWS!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $80k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8261567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$382,500$467,500$425,000

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$1,568
Property Tax -$256
Property Insurance -$71
HOA -$12
Property Management Fees -$99
CASH FLOW
-$466

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.

$425,000

PROJECTED PRICE

$1,540

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.8%
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$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$118,375

INVESTMENT

$118,375

Down Payment
$106,250
Rehab Estimate
$5,750
Closing Costs
$6,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,568

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $106,250
Loan Amount $318,750
See What Happens When You Reinvest Cash Flow

0.92

YEARS SAVED

$1,886

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
  • $1,536

    COMP ESTIMATED VALUE
  • $0.69

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3203$1,3504$1,3955$1,450
$1,450
RENT COMPS ANALYSIS
  • 13802 N Lakeshore Point Sun City, AZ 1
    • 2 beds 2 baths ∙ 2,234 Sqft ∙ Built 1971 2 beds 2 baths ∙ 2,234 Sqft ∙ Built 1971
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 14426 N Bolivar Drive Sun City, AZ 2
    • 2 beds 3 baths ∙ 1,941 Sqft ∙ Built 1971 2 beds 3 baths ∙ 1,941 Sqft ∙ Built 1971
    property image
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,320
    • $0.68
    •  
  • 12018 N Rio Vista Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,946 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,946 Sqft ∙ Built 1978
    property image
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.69
    •  
  • 15602 N 105th Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 1971 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 1971
    property image
    LEASED 03/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.69
    •  
  • 12406 N 98th Avenue Sun City, AZ 5
    • 2 beds 2 baths ∙ 2,100 Sqft ∙ Built 1979 2 beds 2 baths ∙ 2,100 Sqft ∙ Built 1979
    property image
    LEASED 02/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.69
    •  
PROPERTY LISTING DETAILS
Alice Jane Sadowski
Tempus West Valley Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6138720
Last Updated: 12/12/2020
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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