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14008 N Boswell Boulevard Sun City, AZ 85351

2 Beds 2 Baths 1,158 sqft Built 1971

$228,000

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

December 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $196.89
  • 2 Days on Market
  • MLS # : 6173559
  • Updated Date : 12/26/2020 at 02:15
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,158 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

Immaculate and updated 2 bed/2bath Sun City gem! The updated kitchen offers neutral custom cabinets with the dining area open to the cozy living room. Master bathroom includes a walk-in shower! Double car garage has built-in cabinets for added storage and also doubles as a laundry room with a laundry tub. Large backyard with orange trees (Arizona sweet and Tangelo), a beautiful palo verde tree, exquisite sunset views and the perfect covered patio for entertaining. Patio blinds included. Backyard re-landscaped in 2019. Water softener in the garage. Extended two-car garage with golf cart accessibility. Sun City is a 55+ active adult community with clubs, golf and rec centers with shopping, restaurants and hospitals nearby.

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.
 

$205,200$250,800$228,000

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$841
Property Tax -$121
Property Insurance -$50
HOA -$41
Property Management Fees -$99
CASH FLOW
$158

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.

$228,000

PROJECTED PRICE

$1,310

PROJECTED RENT

0.57%

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

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$66,170

INVESTMENT

$66,170

Down Payment
$57,000
Rehab Estimate
$5,750
Closing Costs
$3,420

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$841

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $57,000
Loan Amount $171,000
See What Happens When You Reinvest Cash Flow

9.33

YEARS SAVED

$33,880

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,310

    LIST RENT
  • $1.13

    LIST RENT PER SQFT
  • $1,216

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,2153$1,2704$1,3005$1,310
$1,310
RENT COMPS ANALYSIS
  • 14008 N Boswell Boulevard Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1971
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $1.13
    •  
  • 13625 N 98th Avenue #a Sun City, AZ 1
    • 2 beds 1 baths ∙ 1,141 Sqft ∙ Built 1972 2 beds 1 baths ∙ 1,141 Sqft ∙ Built 1972
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.96
    •  
  • 13622 N 98th Avenue #f Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,180 Sqft ∙ Built 1972 2 beds 2 baths ∙ 1,180 Sqft ∙ Built 1972
    property image
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,215
    • $1.03
    •  
  • 12634 N Blue Ridge Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1979
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,270
    • $1.09
    •  
  • 13817 N 97th Avenue Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,158 Sqft ∙ Built 1971
    property image
    LEASED 08/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.12
    •  
PROPERTY LISTING DETAILS
Robert Rebitzke
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6173559
Last Updated: 12/26/2020
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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