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14007 W Black Gold Lane Sun City West, AZ 85375

2 Beds 2 Baths 1,555 sqft Built 1995

$269,000

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 1995
  • Price/Sqft : $172.99
  • 2 Days on Market
  • MLS # : 6153183
  • Updated Date : 11/07/2020 at 11:54
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,555 sqft
  • Baths : 2 full
Listing Agent

Re/max Professionals

Listing Agent's Description

Payson model in Sun City West. Great location on very private corner lot. 2 bedroom 2 bathroom, light bright open great room style, high ceilings, plantation shutters T/O, carpet and tile in all the right places, kitchen has white cabinets with raised paneled doors, corian counters, breakfast bar, white appliances, double door pantry, breakfast nook with lots of windows, large owners suite with bay window, double vanities & linen cabinet, walkin shower with bench & his & hers closets, roomy guest room, guest bath with shower/tub, inside laundry room with W/D & deep sink & built in cabinets, central vacuum system, 2 car garage with built in cabinets & epoxy coated floor. Extended length covered patio, private back yard with mature landscape & fruit trees. AC/Heat unit & water heater 2012

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10132109

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

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Kingswood Elementary School Primary Regular 674 36 4
Kingswood Elementary School Middle Regular 674 36 4
Willow Canyon High School High Regular 2,084 83 3

Kingswood Elementary School

  • Education Level: Primary
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Kingswood Elementary School

  • Education Level: Middle
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Willow Canyon High School

  • Education Level: High
  • # of students: 2,084
  • # of teachers: 83
3
GreatSchools Rating
 

$242,100$295,900$269,000

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$992
Property Tax -$262
Property Insurance -$58
Property Management Fees -$99
CASH FLOW
$99

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.

$269,000

PROJECTED PRICE

$1,510

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,035

INVESTMENT

$77,035

Down Payment
$67,250
Rehab Estimate
$5,750
Closing Costs
$4,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$992

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,250
Loan Amount $201,750
See What Happens When You Reinvest Cash Flow

7.42

YEARS SAVED

$28,956

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,510

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,501

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,475
1$1,4752$1,4953$1,5004$1,5005$1,510
$1,510
RENT COMPS ANALYSIS
  • 14007 W Black Gold Lane Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.97
    •  
  • 14218 W Via Manana -- Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.95
    •  
  • 22509 N Homestead Lane Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,539 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,539 Sqft ∙ Built 1994
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.97
    •  
  • 13912 W Via Tercero -- Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1995
    LEASED 06/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.90
    •  
  • 14221 W Territorial Lane Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,438 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,438 Sqft ∙ Built 1994
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.04
    •  
PROPERTY LISTING DETAILS
Sharon Mason
Re/max Professionals
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6153183
Last Updated: 11/07/2020
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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