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14665 W Ravenswood Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,733 sqft Built 1990

$395,000

List Price

$2,060

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $227.93
  • 2 Days on Market
  • MLS # : 6203589
  • Updated Date : 03/06/2021 at 17:44
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,733 sqft
  • Baths : 1 full , 1 half
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

Fantastic Ventura model with stunning golf course, water feature and mountain views from the lanai overlooking the Grandview Golf Course. Enter the home to a tiled foyer. Spacious living room with dining area. Kitchen with updated appliances and dining area. Lower cabinets have pull-out drawers for easy access. Laundry room with washer and dryer, built-in desk, utility sink and a door to the patio. Master bedroom with built in cushioned window seat. En-suite bath with walk-in closet and vanity with pull out shelves. Second bedroom has a walk-in closet. Two car garage with storage cabinets.

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
Valley Vista High School High Regular 2,457 101 4
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students: 2,457
  • # of teachers: 101
4
GreatSchools Rating

Valley Vista High School

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

$355,500$434,500$395,000

PURCHASE PRICE

$1,854$2,266$2,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,060
EXPENSES Loan Payment -$1,372
Property Tax -$227
Property Insurance -$61
HOA -$41
Property Management Fees -$99
CASH FLOW
$260

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.

$395,000

PROJECTED PRICE

$2,060

PROJECTED RENT

0.52%

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$1.4M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$110,425

INVESTMENT

$110,425

Down Payment
$98,750
Rehab Estimate
$5,750
Closing Costs
$5,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,372

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $98,750
Loan Amount $296,250
See What Happens When You Reinvest Cash Flow

9.17

YEARS SAVED

$49,468

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
  • $1,568

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,5504$1,6005$1,750
$1,750
RENT COMPS ANALYSIS
  • 14665 W Ravenswood Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1990 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 19830 N 146th Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.86
    •  
  • 20414 N Meadowood Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1991
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.89
    •  
  • 14672 W Yosemite Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.95
    •  
  • 14608 W Blackwood Drive Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.92
    •  
PROPERTY LISTING DETAILS
Roberta Davidson
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203589
Last Updated: 03/06/2021
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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