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14813 N Bolivar Drive Sun City, AZ 85351

2 Beds 2 Baths 1,886 sqft Built 1971

INVESTimate

$294,500

List Price

$1,550

$1,395 - $1,705

Rent Est.

$323,361  ( +9.80%)   1 YR EST. FORECAST

PROPERTY INFO

August 26, 2020 RECENTLY ADDED
FACTS
  • Built In 1971
  • Price/Sqft : $156.15
  • 1 Days on Market
  • MLS # : 6108954
  • Updated Date : 08/26/2020 at 02:15
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,886 sqft
  • Baths : 2 full
Listing Agent

Hague Partners

Listing Agent's Description

Perfect home for a person that Loves Charm! This home has 2 Spacious Bedrooms 2 Full Bathrooms Arizona room. Formal dining, Family room New carpet. Huge deep Lot Great Curb appeal! 2 car garage with area to park your Golf Cart! The community of Sun city offers 7 Recreation centers 8 Golf Courses 2 bowling alley's. You will on the go all the time having fun fun fun! Meet new people and Enjoy a True Lifestyle in Beautiful Sun City Arizona!

SEE MORE

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

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$265,050$323,950$294,500

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$1,087
Property Tax -$157
Property Insurance -$64
HOA -$43
Property Management Fees -$99
CASH FLOW
$101

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.

$294,500

PROJECTED PRICE

$1,550

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.80%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,793

INVESTMENT

$83,793

Down Payment
$73,625
Rehab Estimate
$5,750
Closing Costs
$4,418

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,087

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $73,625
Loan Amount $220,875
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$32,371

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $1,547

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,3203$1,3504$1,5005$1,550
$1,550
RENT COMPS ANALYSIS
  • 14813 N Bolivar Drive Sun City, 5
    • 2 beds 2 baths ∙ 1,886 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,886 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.82
    •  
  • 9930 W Gulf Hills Drive Sun City, 1
    • 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1972 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1972
    LEASED 01/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.78
    •  
  • 14426 N Bolivar Drive Sun City, 2
    • 2 beds 3 baths ∙ 1,941 Sqft ∙ Built 1971 2 beds 3 baths ∙ 1,941 Sqft ∙ Built 1971
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,320
    • $0.68
    •  
  • 9519 W Hidden Valley Circle Sun City, 3
    • 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1972 2 beds 2 baths ∙ 1,597 Sqft ∙ Built 1972
    LEASED 12/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.85
    •  
  • 10305 W Talisman Road Sun City, 4
    • 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971 2 beds 2 baths ∙ 1,541 Sqft ∙ Built 1971
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.97
    •  
PROPERTY LISTING DETAILS
Joseph J. Frontauria
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6108954
Last Updated: 08/26/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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