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15240 N Agua Fria Drive Sun City, AZ 85351

3 Beds 2 Baths 1,969 sqft Built 1970

$352,900

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $179.23
  • 4 Days on Market
  • MLS # : 6167130
  • Updated Date : 12/05/2020 at 13:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,969 sqft
  • Baths : 1 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

EXQUISITE COMPLETELY REMODELED AND RENOVATED 3 BEDROOM GEM. BEAUTIFULLY UPGRADED INSIDE AND OUT...TOP TO BOTTOM. Easy flow open floor plan with porcelain tile in all living area. Custom open kitchen, granite countertops, easy clean tile backsplash, stainless appliances, farmhouse sink, pendant and can lighting, and convenient pantry closet. Renovated, upgraded and completely improved bathrooms. A few of the recent upgrades are: Newly replaced roof 2018, Replaced dual compressor, 5-ton A/C 2019, New Washer, Dryer and Refrigerator 2017, Master bath shower door 2018, Replaced back irrigation system, timer and hose bib 2020, block privacy wall around backyard 2018, new garage door 2019, replaced dual pane Low E vinyl windows throughout, custom curtains / blinds with black-out shades in

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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.
 

$317,610$388,190$352,900

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$1,302
Property Tax -$188
Property Insurance -$66
HOA -$41
Property Management Fees -$99
CASH FLOW
-$205

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.

$352,900

PROJECTED PRICE

$1,490

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.8%
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$1.2M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$99,269

INVESTMENT

$99,269

Down Payment
$88,225
Rehab Estimate
$5,750
Closing Costs
$5,294

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,302

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $88,225
Loan Amount $264,675
See What Happens When You Reinvest Cash Flow

2.92

YEARS SAVED

$9,580

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
  • $1,634

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3953$1,3954$1,4005$1,700
$1,700
RENT COMPS ANALYSIS
  • 15240 N Agua Fria Drive Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,969 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,969 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10618 W Welk Drive Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,661 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,661 Sqft ∙ Built 1975
    LEASED 10/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.84
    •  
  • 9907 W Kingswood Circle Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1971
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.82
    •  
  • 11201 W Pueblo Court Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,788 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,788 Sqft ∙ Built 1974
    LEASED 09/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.78
    •  
  • 10814 W Welk Drive Sun City, AZ 5
    • 3 beds 2 baths ∙ 1,924 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,924 Sqft ∙ Built 1974
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.88
    •  
PROPERTY LISTING DETAILS
Diane Barnes
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167130
Last Updated: 12/05/2020
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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