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PROPERTY INFO
FACTS
- Single Family
- Built In 1997
- Price/Sqft : $233.68
- 1 Days on Market
- MLS # : 6262513
- Updated Date : 07/13/2021 at 13:56
CONSTRUCTION
- Beds : 2
- Floor Size : 1,348 sqft
- Baths : 1 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
TURNKEY Updated Alpine with plantation shutters in living/dining rooms.New hardwood floors in kitchen and foyer. Granite countertop in kitchen. Master bath has new double sinks, new granite countertops, new floor and new faucets. Guest bath has new granite, faucets, sink and faucet. ALL furnishing are included in the sale at no value.
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PRICE & RENT TRENDS
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,680 |
| EXPENSES | Loan Payment | -$1,094 |
| Property Tax | -$307 | |
| Property Insurance | -$53 | |
| HOA | -$131 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$5
|
||
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.
$315,000
PROJECTED PRICE
$1,680
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$89,225
LOAN DETAILS
$1,094
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $78,750 |
| Loan Amount | $236,250 |
5
YEARS SAVED
$15,955
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,680
LIST RENT -
$1.25
LIST RENT PER SQFT
-
$1,355
COMP ESTIMATED VALUE -
$1.01
COMP AVG. RENT PER SQFT
Comps Range
-
15325 W Domingo Lane Sun City West, AZ 5
- 2 beds 2 baths ∙ 1,348 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,348 Sqft ∙ Built 1997
- Rent
- Rent Per SQFT
- $1,680
- $1.25
-
16172 W Vista North Drive Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,161 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,161 Sqft ∙ Built 1993
LEASED 02/16/21- Rent
- Rent Per SQFT
- $1,300
- $1.12
-
15357 W Via Montoya -- Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,454 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,454 Sqft ∙ Built 1997
LEASED 09/18/20- Rent
- Rent Per SQFT
- $1,500
- $1.03
-
15619 W Greystone Drive Sun City West, AZ 3
- 2 beds 2 baths ∙ 1,653 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,653 Sqft ∙ Built 1992
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.91
-
14701 W Sentinel Drive Sun City West, AZ 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
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6262513
Last Updated: 07/13/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
