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14208 N Mcphee Drive Sun City, AZ 85351

3 Beds 2 Baths 1,699 sqft Built 1971

$278,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $163.63
  • 3 Days on Market
  • MLS # : 6204775
  • Updated Date : 03/12/2021 at 16:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,699 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

GREAT SUN CITY HOME! NEUTRAL TWO TONE COLOR PAINT THROUGHOUT, UPDATED FLOORING IN MAIN LIVING AND DINING. NEUTRAL TILE FLOOR IN KITCHEN. KITCHEN ALSO FEATURES A STAINLESS STEEL SIDE BY SIDE REFRIGERATOR, CEILING FAN AND UPDATED TILE BACKSPLASH. AZ ROOM W/ SCREENED-IN BACK PORCH. PLANTATION SHUTTERS IN ALL BEDROOMS AS WELL AS AZ ROOM. ELECTRICAL SYSTEM HAS BEEN UPDATED WITH COPPER TIP WIRING AND COPPER JUNCTION BOXES. ALL OUTLETS HAVE BEEN UPDATED TO INCLUDE THIS SAFETY UPGRADE. NEW WATER HEATER W/ UPDATED DRAINAGE PLUMBING. COME ENJOY THE 55+ LIFESTYLE OF SUN CITY W/ALL THE AMENITIES IT HAS TO OFFER.

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$250,200$305,800$278,000

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$966
Property Tax -$148
Property Insurance -$60
HOA -$41
Property Management Fees -$99
CASH FLOW
$86

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.

$278,000

PROJECTED PRICE

$1,400

PROJECTED RENT

0.50%

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,420

INVESTMENT

$79,420

Down Payment
$69,500
Rehab Estimate
$5,750
Closing Costs
$4,170

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$966

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $69,500
Loan Amount $208,500
See What Happens When You Reinvest Cash Flow

7.25

YEARS SAVED

$24,604

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,487

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3953$1,4004$1,4755$1,549
$1,549
RENT COMPS ANALYSIS
  • 14208 N Mcphee Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9907 W Kingswood Circle Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.82
    •  
  • 14201 N 103rd Avenue Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,608 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,608 Sqft ∙ Built 1970
    LEASED 08/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.87
    •  
  • 9929 W Burns Drive Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1972
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.90
    •  
  • 9910 W Oakstone Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,549
    • $0.91
    •  
PROPERTY LISTING DETAILS
Casey Gurney
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6204775
Last Updated: 03/12/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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