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PROPERTY INFO
FACTS
- Single Family
- Built In 1993
- Price/Sqft : $200.00
- 4 Days on Market
- MLS # : 6159937
- Updated Date : 11/20/2020 at 14:40
CONSTRUCTION
- Beds : 2
- Floor Size : 1,825 sqft
- Baths : 2 full , 1 half
Listing Agent
The Real Estate Firm
Listing Agent's Description
Popular VENTANA model, greets you with a welcoming front patio upon arrival! The living room is large and can accommodate a formal dining area as well. Beautiful plantation shutters throughout home provide privacy & lots of natural light! The master suite has bay windows ,walk-in closet & double sinks! The 2nd bedroom has en-suite too! Stroll into the kitchen and you will find 42 inch cabinets, stainless steel appliances, electric stove ( plumbed for gas) & granite counters & kitchen island! Best backyard around! Entertainers delight! Built in high top table, flagstone extended patio, and pony wall create great party area. Beyond the pony wall are multiple fruit trees ripe for the picking! New AC, Furnace & Roof in the past year! 2.5 garage with above rack storage & room for golf cart!
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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 | $1,560 |
| EXPENSES | Loan Payment | -$1,347 |
| Property Tax | -$210 | |
| Property Insurance | -$63 | |
| HOA | -$21 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$179
|
||
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.
$365,000
PROJECTED PRICE
$1,560
PROJECTED RENT
0.43%
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
$102,475
LOAN DETAILS
$1,347
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $91,250 |
| Loan Amount | $273,750 |
3.42
YEARS SAVED
$12,102
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,560
LIST RENT -
$0.85
LIST RENT PER SQFT
-
$1,647
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
15908 W Falcon Ridge Drive Sun City West, AZ 3
- 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1993 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1993
- Rent
- Rent Per SQFT
- $1,560
- $0.85
-
15619 W Greystone Drive Sun City West, AZ 1
- 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
-
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
-
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
-
15524 W White Wood Drive Sun City West, AZ 5
- 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1993 2 beds 3 baths ∙ 1,825 Sqft ∙ Built 1993
LEASED 12/01/19- Rent
- Rent Per SQFT
- $1,650
- $0.90
PROPERTY LISTING DETAILS
The Real Estate Firm
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6159937
Last Updated: 11/20/2020
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.
