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14212 W Wagon Wheel Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,808 sqft Built 1994

$359,000

List Price

$1,940

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $198.56
  • 2 Days on Market
  • MLS # : 6190768
  • Updated Date : 02/06/2021 at 18:14
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,808 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

Incredible opportunity to own this 2bed/2bath home available in the 55+ active adult community of Sun City West. This lovely and upgraded home with must see interior offers beautiful wood flooring and plantation shutters. The formal living/dining area with soaring ceilings and spacious open concept family room are sure to impress. You will love the large open kitchen featuring new ss appliances, crisp white cabinetry, granite counter-tops and an island with breakfast bar seating. Master retreat includes an en suite with dual sinks. The inviting backyard with covered patio is the perfect place to relax and enjoy your favorite beverage. Do not miss out on this gem. NEW interior and exterior paint, new water softener and new interior doors w/ new brushed silver hardware. See it today!

SEE MORE

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
Willow Canyon High School High Regular 2,084 83 3

Willow Canyon High School

  • Education Level: High
  • # of students: 2,084
  • # of teachers: 83
3
GreatSchools Rating
 

$323,100$394,900$359,000

PURCHASE PRICE

$1,746$2,134$1,940

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,940
EXPENSES Loan Payment -$1,247
Property Tax -$350
Property Insurance -$62
HOA -$181
Property Management Fees -$99
CASH FLOW
$1

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.

$359,000

PROJECTED PRICE

$1,940

PROJECTED RENT

0.54%

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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$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$100,885

INVESTMENT

$100,885

Down Payment
$89,750
Rehab Estimate
$5,750
Closing Costs
$5,385

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,247

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $89,750
Loan Amount $269,250
See What Happens When You Reinvest Cash Flow

5

YEARS SAVED

$18,192

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
  • $1,749

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5003$1,6504$1,7255$1,950
$1,950
RENT COMPS ANALYSIS
  • 14212 W Wagon Wheel Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,808 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,808 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13912 W Via Tercero -- Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1995
    LEASED 06/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.90
    •  
  • 21606 N 138th Avenue Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1990 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1990
    LEASED 01/11/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.95
    •  
  • 13731 W Caballero Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,825 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,825 Sqft ∙ Built 1994
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.95
    •  
  • 14226 W Pecos Lane Sun City West, AZ 5
    • 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1994 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1994
    LEASED 01/09/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $1.07
    •  
PROPERTY LISTING DETAILS
Robin Renee Boos
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190768
Last Updated: 02/06/2021
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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