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17203 N Lindgren Avenue Sun City, AZ 85373

3 Beds 2 Baths 2,350 sqft Built 1978

$340,000

List Price

$1,860

$1.7K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $144.68
  • 2 Days on Market
  • MLS # : 6174817
  • Updated Date : 02/27/2021 at 16:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,350 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Beautifully Renovated Spacious 3 bedroom 2 bathroom home for sale! Brand New Roof (Tear off) . Gorgeous Brand New Tiled plank flooring throughout. Brand New carpet in Bedrooms! Freshly Painted with neutral colors throughout. New Fixtures! Brand New Hot Water Heater! Home has spacious open layout with living and family rooms. Natural Fireplace. Golf Course views from the backyard! Hurry as this one wont last long!

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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Valley Vista High School High Unknown NA

Valley Vista High School

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

$306,000$374,000$340,000

PURCHASE PRICE

$1,674$2,046$1,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,860
EXPENSES Loan Payment -$1,181
Property Tax -$201
Property Insurance -$73
Property Management Fees -$99
CASH FLOW
$306

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.

$340,000

PROJECTED PRICE

$1,860

PROJECTED RENT

0.55%

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$1.4M

PROJECTED ANNUAL CASH FLOW

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

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$95,850

INVESTMENT

$95,850

Down Payment
$85,000
Rehab Estimate
$5,750
Closing Costs
$5,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $85,000
Loan Amount $255,000
See What Happens When You Reinvest Cash Flow

10.42

YEARS SAVED

$52,015

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,860

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,780

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,6003$1,7754$1,8605$2,000
$2,000
RENT COMPS ANALYSIS
  • 17203 N Lindgren Avenue Sun City, AZ 4
    • 3 beds 2 baths ∙ 2,350 Sqft ∙ Built 1978 3 beds 2 baths ∙ 2,350 Sqft ∙ Built 1978
    • Rent
    • Rent Per SQFT
    •  
    • $1,860
    • $0.79
    •  
  • 17415 N Lindgren Avenue Sun City, AZ 1
    • 3 beds 2 baths ∙ 2,150 Sqft ∙ Built 1978 3 beds 2 baths ∙ 2,150 Sqft ∙ Built 1978
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.70
    •  
  • 15637 N 99th Drive Sun City, AZ 2
    • 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
    •  
  • 9535 W Country Club Drive Sun City, AZ 3
    • 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1978 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1978
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.77
    •  
  • 8928 W Davis Road Peoria, AZ 5
    • 4 beds 3 baths ∙ 2,464 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,464 Sqft ∙ Built 1994
    LEASED 12/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.81
    •  
PROPERTY LISTING DETAILS
Brian Rocca
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174817
Last Updated: 02/27/2021
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.

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