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PROPERTY INFO
FACTS
- Single Family
- Built In 1990
- Price/Sqft : $183.53
- 3 Days on Market
- MLS # : 6166889
- Updated Date : 12/05/2020 at 12:06
CONSTRUCTION
- Beds : 3
- Floor Size : 1,907 sqft
- Baths : 1 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
3 bedroom 1.75 bath EXPANDED Hudson. Split floor plan. Nicely sized living areas with vaulted ceilings. Solar tube in kitchen. Corner lot with N/S orientation with a north facing screened back porch and south facing open front patio. New roof 2018 (except AZ room addition). Be sure to see this clean home with plenty of livable space! Mature fruit trees: orange, tangelo, tangerine, lemon, grapefruit.
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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 | $1,390 |
| EXPENSES | Loan Payment | -$1,291 |
| Property Tax | -$201 | |
| Property Insurance | -$64 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$307
|
||
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.
$350,000
PROJECTED PRICE
$1,390
PROJECTED RENT
0.40%
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
$98,500
LOAN DETAILS
$1,291
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $87,500 |
| Loan Amount | $262,500 |
1.58
YEARS SAVED
$3,883
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,390
LIST RENT -
$0.73
LIST RENT PER SQFT
-
$1,425
COMP ESTIMATED VALUE -
$0.75
COMP AVG. RENT PER SQFT
Comps Range
-
14702 W Heritage Drive Sun City West, AZ 2
- 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 1990
![property image]()
- Rent
- Rent Per SQFT
- $1,390
- $0.73
-
15015 W Heritage Drive Sun City West, AZ 1
- 3 beds 2 baths ∙ 1,985 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,985 Sqft ∙ Built 1992
![property image]()
LEASED 03/02/20- Rent
- Rent Per SQFT
- $1,300
- $0.65
-
14022 W Caballero Drive Sun City West, AZ 3
- 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 1995
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,499
- $0.80
-
21602 N 142nd Drive Sun City West, AZ 4
- 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1989
![property image]()
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,499
- $0.81
-
15809 W La Paloma Drive Surprise, AZ 5
- 3 beds 3 baths ∙ 2,117 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,117 Sqft ∙ Built 1998
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,550
- $0.73
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6166889
Last Updated: 12/05/2020
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.
