Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $209.62
- 6 Days on Market
- MLS # : 6173909
- Updated Date : 12/22/2020 at 16:05
CONSTRUCTION
- Beds : 2
- Floor Size : 1,808 sqft
- Baths : 1 full , 1 half
Listing Agent
Award Realty
Listing Agent's Description
This beautiful Two Bedroom and Two Bathroom home has Owned Solar Panels and is located in the 55 plus Adult Community of Sun City West. The home received a Green Energy Star certificate for upgrading the insulation, sealing all the ductwork and roof penetrations. Kitchen was upgraded with quartz counters and Whirlpool stainless steel appliances in 2016. The new laminate flooring, baseboards and carpet were installed in 2019. Extended patio cover and pavers done in 2015. The irrigation lines were replaced in 2016. Come see this great home with many more upgrades and located on a beautifully landscaped and large lot.
SEE MORE
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 | $1,590 |
| EXPENSES | Loan Payment | -$1,398 |
| Property Tax | -$369 | |
| Property Insurance | -$62 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$380
|
||
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.
$379,000
PROJECTED PRICE
$1,590
PROJECTED RENT
0.42%
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
$106,185
LOAN DETAILS
$1,398
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $94,750 |
| Loan Amount | $284,250 |
1.08
YEARS SAVED
$1,995
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,590
LIST RENT -
$0.88
LIST RENT PER SQFT
-
$1,695
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
-
14332 W Dusty Trail Boulevard Sun City West, AZ 3
- 2 beds 2 baths ∙ 1,808 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,808 Sqft ∙ Built 1995
- Rent
- Rent Per SQFT
- $1,590
- $0.88
-
14218 W Via Manana -- Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994
LEASED 08/15/20- Rent
- Rent Per SQFT
- $1,475
- $0.95
-
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
-
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
-
15138 W Las Brizas Lane Sun City West, AZ 5
- 2 beds 2 baths ∙ 1,842 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,842 Sqft ∙ Built 1997
LEASED 12/02/19- Rent
- Rent Per SQFT
- $1,750
- $0.95
PROPERTY LISTING DETAILS
Award Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173909
Last Updated: 12/22/2020
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.
