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14010 W Via Tercero Drive Sun City West, AZ 85375

3 Beds 2 Baths 1,911 sqft Built 1996

$329,875

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1996
  • Price/Sqft : $172.62
  • 5 Days on Market
  • MLS # : 6154088
  • Updated Date : 11/01/2020 at 19:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,911 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

If you are wanting a great room floor plan Prescott model home in Sun City West, AZ this just might be the home for you. This home has 1911 Sq. ft., 3 bedrooms (split) & 2 bathrooms. The gated private front courtyard, great room & covered back patio provide lots of space to entertain family/friends in the Sun City West lifestyle. Home is located near Sun City West's Palm Ridge Rec. Cntr. & Deer Valley Golf Course. Home's recent updating includes all new flooring Nov. 2019, new roof underlayment 2020, new stainless-steel kitchen appliances 2020, new washer/dryer 2020 & new interior paint 2020. Solar lease is assumable. The popular Prescott model does not come on the market very often in Sun City West so do not hesitate! Call today to view & to begin your Sun City West adventure.

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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
 

$296,888$362,863$329,875

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$1,217
Property Tax -$322
Property Insurance -$64
HOA -$41
Property Management Fees -$99
CASH FLOW
-$243

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.

$329,875

PROJECTED PRICE

$1,500

PROJECTED RENT

0.45%

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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,167

INVESTMENT

$93,167

Down Payment
$82,469
Rehab Estimate
$5,750
Closing Costs
$4,948

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,217

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,469
Loan Amount $247,406
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$5,017

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,500

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,538

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,499
1$1,4992$1,4993$1,500
$1,500
RENT COMPS ANALYSIS
  • 14010 W Via Tercero Drive Sun City West, AZ 3
    • 3 beds 2 baths ∙ 1,911 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,911 Sqft ∙ Built 1996
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.78
    •  
  • 14022 W Caballero Drive Sun City West, AZ 1
    • 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 1995
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.80
    •  
  • 21602 N 142nd Drive Sun City West, AZ 2
    • 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1989
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.81
    •  
PROPERTY LISTING DETAILS
Lewis Cryer
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154088
Last Updated: 11/01/2020
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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