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15602 N Cedarhurst Court Sun City, AZ 85351

3 Beds 2 Baths 1,832 sqft Built 1971

$339,000

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 1971
  • Price/Sqft : $185.04
  • 3 Days on Market
  • MLS # : 6156926
  • Updated Date : 11/06/2020 at 16:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,832 sqft
  • Baths : 2 full
Listing Agent

Presidential Realty, Llc

Listing Agent's Description

Beautifully remodeled 3 bed/2 bath Sun City home. Fresh interior and exterior paint, epoxy coated garage floor, new quartz counters, SS kitchen appliances and new tile and carpet throughout. Come check it out today!

SEE MORE

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.
 

$305,100$372,900$339,000

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$1,251
Property Tax -$180
Property Insurance -$63
HOA -$3
Property Management Fees -$99
CASH FLOW
-$146

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.

$339,000

PROJECTED PRICE

$1,450

PROJECTED RENT

0.43%

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$95,585

INVESTMENT

$95,585

Down Payment
$84,750
Rehab Estimate
$5,750
Closing Costs
$5,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,251

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $84,750
Loan Amount $254,250
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$13,014

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,450

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,484

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,3953$1,4504$1,4755$1,600
$1,600
RENT COMPS ANALYSIS
  • 15602 N Cedarhurst Court Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.79
    •  
  • 10920 W Roundelay Circle Sun City, AZ 1
    • 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,699 Sqft ∙ Built 1969
    LEASED 05/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.77
    •  
  • 9907 W Kingswood Circle Sun City, AZ 2
    • 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
    •  
  • 9929 W Burns Drive Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,638 Sqft ∙ Built 1972
    LEASED 11/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.90
    •  
  • 15637 N 99th Drive Sun City, AZ 5
    • 4 beds 2 baths ∙ 2,124 Sqft ∙ Built 1972 4 beds 2 baths ∙ 2,124 Sqft ∙ Built 1972
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.75
    •  
PROPERTY LISTING DETAILS
Ryan Jones
Presidential Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6156926
Last Updated: 11/06/2020
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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