Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2000
- Price/Sqft : $198.56
- 3 Days on Market
- MLS # : 6187201
- Updated Date : 01/29/2021 at 21:12
CONSTRUCTION
- Beds : 2
- Floor Size : 2,014 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Beautiful Coronado plan with sparkling heated pool. You will love the large open great room with tons of windows. The large kitchen features a pantry, island, and raised breakfast bar, not to mention tons of cabinet space. Cozy eat in dining area off the kitchen or in the great room. Lots of room with 2 bedrooms and a den/home office. Massive master bedroom with walk in closet, bay window and private exit to back yard. Enjoy the gorgeous AZ winters in this amazing back yard. Entertain on the large covered patio, play in the pool, and enjoy the privacy of mature desert landscaping. Washer, Dryer, and Fridge convey with the home.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Sun City Grand Cholla Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Grand Cholla Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,170 |
| EXPENSES | Loan Payment | -$1,389 |
| Property Tax | -$279 | |
| Property Insurance | -$66 | |
| HOA | -$11 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$325
|
||
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.
$399,900
PROJECTED PRICE
$2,170
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 3.2% |
| 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
$111,724
LOAN DETAILS
$1,389
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $99,975 |
| Loan Amount | $299,925 |
9.67
YEARS SAVED
$56,835
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,170
LIST RENT -
$1.08
LIST RENT PER SQFT
-
$1,787
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
15349 W Summerwind Lane Surprise, AZ 5
- 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 2000 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 2000
- Rent
- Rent Per SQFT
- $2,170
- $1.08
-
19830 N 146th Drive Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988
LEASED 10/15/20- Rent
- Rent Per SQFT
- $1,450
- $0.86
-
20414 N 150th Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,787 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,787 Sqft ∙ Built 1992
LEASED 11/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.84
-
20029 N Cielo Court Surprise, AZ 3
- 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 2001 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 2001
LEASED 10/30/20- Rent
- Rent Per SQFT
- $1,750
- $0.87
-
20013 N Siesta Rock Drive Surprise, AZ 4
- 2 beds 2 baths ∙ 2,035 Sqft ∙ Built 1997 2 beds 2 baths ∙ 2,035 Sqft ∙ Built 1997
LEASED 01/28/21- Rent
- Rent Per SQFT
- $1,995
- $0.98
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187201
Last Updated: 01/29/2021
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.
