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PROPERTY INFO
FACTS
- Single Family
- Built In 1989
- Price/Sqft : $198.17
- 3 Days on Market
- MLS # : 6172724
- Updated Date : 12/19/2020 at 09:48
CONSTRUCTION
- Beds : 2
- Floor Size : 2,018 sqft
- Baths : 2 full
Listing Agent
Libertas Real Estate
Listing Agent's Description
Very nice popular Cromwell on the 18th hole of the Sun City West Echo Mesa golf course and within walking distance the clubhouse. Home features split bedroom floorplan with ensuite master bedroom with bow window and dual sinks and walk in closet. Formal living room and dining room with sliding glass doors opening to large screened patio overlooking the fairway.Kitchen, breakfast room and Arizona room form a cozy family area. Plantation shutters thru home. Come and take a look, you will want to stay.
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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 | $1,770 |
| EXPENSES | Loan Payment | -$1,475 |
| Property Tax | -$236 | |
| Property Insurance | -$67 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$148
|
||
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.
$399,900
PROJECTED PRICE
$1,770
PROJECTED RENT
0.44%
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
$111,724
LOAN DETAILS
$1,475
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $99,975 |
| Loan Amount | $299,925 |
3.75
YEARS SAVED
$16,440
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
-
$1,761
COMP ESTIMATED VALUE -
$0.87
COMP AVG. RENT PER SQFT
Comps Range
-
13926 W Trail Ridge Drive Sun City West, AZ 1
- 2 beds 2 baths ∙ 2,018 Sqft ∙ Built 1989 2 beds 2 baths ∙ 2,018 Sqft ∙ Built 1989
- Rent
- Rent Per SQFT
- $0
- $0.00
-
13318 W Broken Arrow Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1993
LEASED 11/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.82
-
20414 N Meadowood Drive Sun City West, AZ 3
- 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1991
LEASED 03/23/20- Rent
- Rent Per SQFT
- $1,550
- $0.89
-
14608 W Blackwood Drive Sun City West, AZ 4
- 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989
LEASED 08/01/20- Rent
- Rent Per SQFT
- $1,750
- $0.92
-
13722 W Elmbrook Drive Sun City West, AZ 5
- 2 beds 2 baths ∙ 2,103 Sqft ∙ Built 1987 2 beds 2 baths ∙ 2,103 Sqft ∙ Built 1987
LEASED 12/16/20- Rent
- Rent Per SQFT
- $1,800
- $0.86
PROPERTY LISTING DETAILS
Libertas Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6172724
Last Updated: 12/19/2020
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.
