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15123 W Corral Drive Sun City West, AZ 85375

2 Beds 3 Baths 2,017 sqft Built 1997

$329,000

List Price

$1,730

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1997
  • Price/Sqft : $163.11
  • 11 Days on Market
  • MLS # : 6151389
  • Updated Date : 10/29/2020 at 13:24
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,017 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

This gorgeous home has wonderful natural light throughout and feels cozy the moment you walk in. This home features 2 bedrooms, 2.5 bathrooms and a spacious back patio perfect to enjoy a morning cup of coffee or a glass of wine in the evening. Spacious master suite with walk in closet and spacious shower with a bench. The kitchen is equipped with beautiful granite counter tops, plenty of cabinetry & breakfast nook and large island. Open formal living area is a wonderful gathering place to entertain friends and family. Easy to care for front and back yard. 2 car garage with a ton of cabinet storage and epoxied floors. This home has a great floor plan and so much to LOVE!! Schedule a showing before this one is claimed!

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
Kingswood Elementary School Primary Regular 674 36 4
Kingswood Elementary School Middle Regular 674 36 4
Willow Canyon High School High Regular 2,084 83 3

Kingswood Elementary School

  • Education Level: Primary
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Kingswood Elementary School

  • Education Level: Middle
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Willow Canyon High School

  • Education Level: High
  • # of students: 2,084
  • # of teachers: 83
3
GreatSchools Rating
 

$296,100$361,900$329,000

PURCHASE PRICE

$1,557$1,903$1,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,730
EXPENSES Loan Payment -$1,214
Property Tax -$321
Property Insurance -$67
HOA -$41
Property Management Fees -$99
CASH FLOW
-$11

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.

$329,000

PROJECTED PRICE

$1,730

PROJECTED RENT

0.53%

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$92,935

INVESTMENT

$92,935

Down Payment
$82,250
Rehab Estimate
$5,750
Closing Costs
$4,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,214

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,250
Loan Amount $246,750
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$21,255

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,730

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $1,825

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6003$1,6984$1,7305$1,750
$1,750
RENT COMPS ANALYSIS
  • 15123 W Corral Drive Sun City West, AZ 4
    • 2 beds 3 baths ∙ 2,017 Sqft ∙ Built 1997 2 beds 3 baths ∙ 2,017 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $1,730
    • $0.86
    •  
  • 15627 W Greystone Drive Sun City West, AZ 1
    • 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1992 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1992
    LEASED 05/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.88
    •  
  • 14701 W Sentinel Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1992
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.96
    •  
  • 14805 W Huron Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 2,041 Sqft ∙ Built 1993 2 beds 2 baths ∙ 2,041 Sqft ∙ Built 1993
    LEASED 01/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,698
    • $0.83
    •  
  • 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
Christine Marie Martin
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151389
Last Updated: 10/29/2020
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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