Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

17019 N 123rd Drive Sun City West, AZ 85375

2 Beds 2 Baths 2,151 sqft Built 1984

$259,000

List Price

$1,800

$1.6K - $2K

Rent Est.

PROPERTY INFO

February 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $120.41
  • 1 Days on Market
  • MLS # : 6191052
  • Updated Date : 02/07/2021 at 03:30
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,151 sqft
  • Baths : 1 full , 1 half
Listing Agent

Long Realty West Valley

Listing Agent's Description

Put your designer's hat on and visit this 2 bedroom (w/ possibly a 3rd) / 1.75 bath, 2,509 sf home on a 14,000 sf cul-de-sac lot. All tile and carpet flooring. There is a bright 358 sf room addition adjacent to the owner's suite suitable for a private office, a study, or multiple other uses such as crafts and hobbies. This North facing home features: All appliances, 2017 Trane A/C, 2017 roof, gutters w/ downspouts everywhere, programmable thermostat, fireplace, vaulted ceilings, 10 ceiling fans, solatube, walled rear yard with gazebo, indoor laundry has deep sink & cabs. Our kitchen has a dinette area & built-in desk. The guest bedroom has a Murphy bed to maximize space there. Enjoy the seasons with the roses and plentiful citrus in the rear yard...View the Photo Gallery and visit today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10132109

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Valley Vista High School High Regular 2,457 101 4
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students: 2,457
  • # of teachers: 101
4
GreatSchools Rating

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$233,100$284,900$259,000

PURCHASE PRICE

$1,620$1,980$1,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,800
EXPENSES Loan Payment -$900
Property Tax -$168
Property Insurance -$69
HOA -$7
Property Management Fees -$99
CASH FLOW
$558

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.

$259,000

PROJECTED PRICE

$1,800

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,385

INVESTMENT

$74,385

Down Payment
$64,750
Rehab Estimate
$5,750
Closing Costs
$3,885

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$900

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $64,750
Loan Amount $194,250
See What Happens When You Reinvest Cash Flow

15.08

YEARS SAVED

$64,563

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
  • $1,563

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2953$1,4254$1,500
$1,500
RENT COMPS ANALYSIS
  • 17019 N 123rd Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 2,151 Sqft ∙ Built 1984 2 beds 2 baths ∙ 2,151 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12507 W Brandywine Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,817 Sqft ∙ Built 1980 2 beds 2 baths ∙ 1,817 Sqft ∙ Built 1980
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.71
    •  
  • 12819 W Beechwood Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1979
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.73
    •  
  • 12418 W Bonanza Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1983 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1983
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.74
    •  
PROPERTY LISTING DETAILS
Matthew George
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6191052
Last Updated: 02/07/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy