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15208 W Blue Verde Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,497 sqft Built 1992

INVESTimate

$350,000

List Price

$1,410

$1,269 - $1,551

Rent Est.

$376,565  ( +7.59%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1992
  • Price/Sqft : $233.80
  • 2 Days on Market
  • MLS # : 6122465
  • Updated Date : 08/25/2020 at 15:42
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,497 sqft
  • Baths : 1 full , 1 half
Listing Agent

Pro-formance Realty Concepts

Listing Agent's Description

PERFECT GOLF COURSE VIEWS! NEW CARPET, NEW PAINT AND VERY NICE UPGRADED KITCHEN! Beautiful shutters! Payson on trail ridge golf course! Split bedroom floor plan. Modified with cut-out between kit & great rm creates open spacious feeling. Tiled entry, kit & dining area. Neutral carpet. 9' ceilings fans. Gas range, all appliances stay. - area for office. Beautiful expanded covered circular patio w/knee wall.. Shade & orange tree on property.

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
Thompson Ranch Elementary School Primary Regular 979 46 2
Thompson Ranch Elementary School Middle Regular 979 46 2
Valley Vista High School High Regular 2,457 101 4

Thompson Ranch Elementary School

  • Education Level: Primary
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Thompson Ranch Elementary School

  • Education Level: Middle
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Valley Vista High School

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

$315,000$385,000$350,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

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 $1,410
EXPENSES Loan Payment -$1,291
Property Tax -$201
Property Insurance -$56
HOA -$160
Property Management Fees -$99
CASH FLOW
-$398

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

$1,410

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.59%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,500

INVESTMENT

$98,500

Down Payment
$87,500
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,291

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,500
Loan Amount $262,500
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$925

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
  • $1,411

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,6004$1,6005$1,650
$1,650
RENT COMPS ANALYSIS
  • 15208 W Blue Verde Drive Sun City West, 1
    • 2 beds 2 baths ∙ 1,497 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,497 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 19830 N 146th Drive Sun City West, 2
    • 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.86
    •  
  • 14672 W Yosemite Drive Sun City West, 3
    • 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992
    LEASED 11/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.95
    •  
  • 14701 W Sentinel Drive Sun City West, 4
    • 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
    •  
  • 14703 W Calumet Drive Sun City West, 5
    • 2 beds 2 baths ∙ 1,653 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,653 Sqft ∙ Built 1992
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.00
    •  
PROPERTY LISTING DETAILS
Nicholas Attilio
Pro-formance Realty Concepts
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6122465
Last Updated: 08/25/2020
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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