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PROPERTY INFO
FACTS
- Single Family
- Built In 1997
- Price/Sqft : $188.57
- 1 Days on Market
- MLS # : 6174691
- Updated Date : 12/26/2020 at 19:31
CONSTRUCTION
- Beds : 2
- Floor Size : 1,803 sqft
- Baths : 1 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
This expanded Havasu home with great room and open concept kitchen is a must see! Located on a quiet, corner lot this home was expanded at build to include extended length garage and guest bedroom, master bedroom bay window and a separate heated and cooled living space with a Murphy bed. Would be a great third bedroom, craft or hobby room. Kitchen has quartz countertops, newer appliances and solar tube for natural lighting. AZ room features windows and screens with electronic window security blinds. New roof underlayment 2016.
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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 | $1,670 |
| EXPENSES | Loan Payment | -$1,254 |
| Property Tax | -$331 | |
| Property Insurance | -$62 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$118
|
||
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.
$340,000
PROJECTED PRICE
$1,670
PROJECTED RENT
0.49%
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
$95,850
LOAN DETAILS
$1,254
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $85,000 |
| Loan Amount | $255,000 |
3.58
YEARS SAVED
$13,069
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,677
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
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15409 W Gunsight Drive Sun City West, AZ 1
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15619 W Greystone Drive Sun City West, AZ 2
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LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.91
-
14701 W Sentinel Drive Sun City West, AZ 3
- 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,669 Sqft ∙ Built 1992
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LEASED 05/29/20- Rent
- Rent Per SQFT
- $1,600
- $0.96
-
15524 W White Wood Drive Sun City West, AZ 4
- 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1993 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1993
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LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,650
- $0.90
-
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
![property image]()
LEASED 12/02/19- Rent
- Rent Per SQFT
- $1,750
- $0.95
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174691
Last Updated: 12/26/2020
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.
