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INVESTimate
$294,500
List Price
$83,793
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PROPERTY INFO
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!
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PRICE & RENT TRENDS
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
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
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
INVESTMENT
$83,793
LOAN DETAILS
$1,087
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $73,625 |
Loan Amount | $220,875 |
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
PROPERTY LISTING DETAILS
Hague Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6108954
Last Updated: 08/26/2020

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.