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PROPERTY INFO
FACTS
- Single Family
- Built In 1974
- Price/Sqft : $167.54
- 6 Days on Market
- MLS # : 6175214
- Updated Date : 12/29/2020 at 11:19
CONSTRUCTION
- Beds : 3
- Floor Size : 1,910 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty East Valley
Listing Agent's Description
Looking for a new place to call home? This incredible single-story revamped home located on a desirable community of Sun City! Offering you a 3 bedroom, 2 full baths, rock landscaping, and a huge lot. Fabulous interior is complete with, admirable living/dining areas, and neutral paint colors, and celling fans throughout the entire home. Well upgraded elegant kitchen includes, Quartz countertops, recessed lighting, ample cabinetry, and lovely upgraded stainless steel appliances.You will absolutely love the cozy master suite comprised of a private and charming walk in tiled shower. Perfect sized backyard includes a patio, designated area for the BBQ grill for outdoor cooking and large fruit trees perfect size for enjoying outside time with family. Look no further. Schedule your showing today
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PRICE & RENT TRENDS
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City
* 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.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,510 |
| EXPENSES | Loan Payment | -$1,181 |
| Property Tax | -$170 | |
| Property Insurance | -$64 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$45
|
||
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.
$320,000
PROJECTED PRICE
$1,510
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$90,550
LOAN DETAILS
$1,181
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $80,000 |
| Loan Amount | $240,000 |
5.08
YEARS SAVED
$19,459
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,510
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$1,628
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
-
16629 N Orchard Hills Drive Sun City, AZ 1
- 3 beds 2 baths ∙ 1,910 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,910 Sqft ∙ Built 1974
- Rent
- Rent Per SQFT
- $1,510
- $0.79
-
9720 W Briarwood Circle Sun City, AZ 2
- 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,832 Sqft ∙ Built 1972
LEASED 07/24/20- Rent
- Rent Per SQFT
- $1,600
- $0.87
-
8977 W Tierra Buena Lane Peoria, AZ 3
- 4 beds 2 baths ∙ 1,954 Sqft ∙ Built 1993 4 beds 2 baths ∙ 1,954 Sqft ∙ Built 1993
LEASED 06/04/20- Rent
- Rent Per SQFT
- $1,650
- $0.84
-
8929 W Davis Road Peoria, AZ 4
- 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1994
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,675
- $0.82
-
16106 N 90th Avenue Peoria, AZ 5
- 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,045 Sqft ∙ Built 1994
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,795
- $0.88
PROPERTY LISTING DETAILS
Keller Williams Realty East Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6175214
Last Updated: 12/29/2020
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.
