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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $223.94
- 2 Days on Market
- MLS # : 6176344
- Updated Date : 01/02/2021 at 07:53
CONSTRUCTION
- Beds : 2
- Floor Size : 1,420 sqft
- Baths : 2 full
Listing Agent
Long Realty West Valley
Listing Agent's Description
The ever-popular expanded Alpine model made better by a walled off den in Great room, private lot & over $70K in upgrades. Featuring: remodeled kitchen with 2-tone cabinets, granite counters, glass tile backsplash, new appliances, double pane w/argon & UV protection vinyl windows, plantation shutters, porcelain tile flooring throughout, remodeled bathrooms w/walk-in showers, new HVAC, walk-in pantry.The home features a walled paver stone front patio and a large private, fenced backyard. The backyard has an outdoor kitchen with grill, gas fire pit, in ground spa that extends above ground for comfort; all on a very large paver stone patio. Two car garage w/cabinets & laundry. Desirable location with walk/bike path in back and only one neighbor on side. No HOA!
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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 | $1,300 |
| EXPENSES | Loan Payment | -$1,173 |
| Property Tax | -$310 | |
| Property Insurance | -$55 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$378
|
||
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.
$318,000
PROJECTED PRICE
$1,300
PROJECTED RENT
0.41%
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
$90,020
LOAN DETAILS
$1,173
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $79,500 |
| Loan Amount | $238,500 |
0.5
YEARS SAVED
$567
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,300
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$1,420
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
14022 W Black Gold Lane Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,420 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,420 Sqft ∙ Built 1995
![property image]()
- Rent
- Rent Per SQFT
- $1,300
- $0.92
-
23009 N Adkison Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,304 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,304 Sqft ∙ Built 1994
![property image]()
LEASED 11/01/19- Rent
- Rent Per SQFT
- $1,350
- $1.04
-
14218 W Via Manana -- Sun City West, AZ 3
- 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994
![property image]()
LEASED 08/15/20- Rent
- Rent Per SQFT
- $1,475
- $0.95
-
22509 N Homestead Lane Sun City West, AZ 4
- 2 beds 2 baths ∙ 1,539 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,539 Sqft ∙ Built 1994
![property image]()
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,495
- $0.97
-
14221 W Territorial Lane Sun City West, AZ 5
- 2 beds 2 baths ∙ 1,438 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,438 Sqft ∙ Built 1994
![property image]()
LEASED 10/02/20- Rent
- Rent Per SQFT
- $1,500
- $1.04
PROPERTY LISTING DETAILS
Long Realty West Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6176344
Last Updated: 01/02/2021
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.
