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PROPERTY INFO
FACTS
- Single Family
- Built In 1993
- Price/Sqft : $200.00
- 8 Days on Market
- MLS # : 6197312
- Updated Date : 02/25/2021 at 22:52
CONSTRUCTION
- Beds : 2
- Floor Size : 1,875 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
Beautifully updated and well maintained home with added bonus TV room and an A/C & heated garage! Very rare find with Roller Security shutters to keep your home cooler in the summer and secured while you're away for long periods of time. Spacious split floor plan, kitchen remodeled w/ gorgeous granite countertops, upgraded cabinet color, new refrigerator & dishwasher, wine cooler. Master bath remodeled w/ quartz countertops, new shower glass door, newer carpet at master bedroom. This home is an entertainer's dream! Both the back yard and front yard have been recently remodeled, adding an inviting court yard w/ sitting area and pavers. Back yard offers BBQ area w/ plenty of room for entertaining friends. Work all year around in this air conditioned, spacious garage w/ insulated garage door!
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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 | $1,840 |
| EXPENSES | Loan Payment | -$1,303 |
| Property Tax | -$216 | |
| Property Insurance | -$64 | |
| HOA | -$163 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$4
|
||
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.
$375,000
PROJECTED PRICE
$1,840
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
$105,125
LOAN DETAILS
$1,303
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $93,750 |
| Loan Amount | $281,250 |
5.33
YEARS SAVED
$20,744
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
-
$1,650
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
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15535 W Sky Hawk Drive Sun City West, AZ 1
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- Rent Per SQFT
- $0
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19830 N 146th Drive Sun City West, AZ 2
- 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 3
- 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
-
14672 W Yosemite Drive Sun City West, AZ 4
- 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992
LEASED 10/10/20- Rent
- Rent Per SQFT
- $1,600
- $0.95
-
20029 N Cielo Court Surprise, AZ 5
- 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
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6197312
Last Updated: 02/25/2021
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.
