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14205 N Crown Point Court Sun City, AZ 85351

2 Beds 2 Baths 1,299 sqft Built 1971

$239,000

List Price

$1,240

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $183.99
  • 9 Days on Market
  • MLS # : 6148724
  • Updated Date : 11/02/2020 at 12:09
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,299 sqft
  • Baths : 2 full
Listing Agent

Award Realty

Listing Agent's Description

Wonderful Shasta Model on huge Cul-De-Sac lot. This beautiful home has a bright open floor plan with 2 bedrooms 1.75 bath, updated energy saving duel pane windows, and replaced A/C and water heater. Tile floors throughout inside, updated kitchen with breakfast bar, inside laundry room and 2 car garage with storage area, huge low maintenance back yard with covered patio outside. Enjoy all that Sun City has to offer

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.
 

$215,100$262,900$239,000

PURCHASE PRICE

$1,116$1,364$1,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,240
EXPENSES Loan Payment -$882
Property Tax -$127
Property Insurance -$53
HOA -$3
Property Management Fees -$99
CASH FLOW
$76

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.

$239,000

PROJECTED PRICE

$1,240

PROJECTED RENT

0.52%

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$69,085

INVESTMENT

$69,085

Down Payment
$59,750
Rehab Estimate
$5,750
Closing Costs
$3,585

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$882

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $59,750
Loan Amount $179,250
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$26,119

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,240

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,286

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$1,150
1$1,1502$1,2153$1,2404$1,2505$1,400
$1,400
RENT COMPS ANALYSIS
  • 14205 N Crown Point Court Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $1,240
    • $0.95
    •  
  • 9901 W Desert Forest Circle Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1971
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.89
    •  
  • 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
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,215
    • $1.03
    •  
  • 13807 N Tan Tara Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1970 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1970
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.96
    •  
  • 13625 N Tan Tara Point Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1970 2 beds 2 baths ∙ 1,299 Sqft ∙ Built 1970
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.08
    •  
PROPERTY LISTING DETAILS
Catherine Wilder
Award Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6148724
Last Updated: 11/02/2020
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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