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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $277.78
- 2 Days on Market
- MLS # : 6237757
- Updated Date : 07/12/2021 at 23:29
CONSTRUCTION
- Beds : 2
- Floor Size : 1,854 sqft
- Baths : 2 full
Listing Agent
Corcoran Platinum Living
Listing Agent's Description
Paradise awaits! You will truly enjoy the GRAND lifestyle relaxing in your tranquil backyard resort featuring your own low maintenance Heated Private Pool & Spa. Built-in BBQ Island to help celebrate the good life on this beautiful 14,236 cul-d-sac lot. Extremely well maintained home. NEWER A/C System & Water Heater PLUS all NEWER windows & doors! Newer paint. Highly desirable Desert Rose 2 Bed-2 Full Bath + Den floorplan. Chefs Kitchen with Island & plenty of counter space. Soft Water System. ALL appliances & washer/dryer are included. Popular N/S exposure lot. Extended Length Garage has custom built-in cabinets along with plenty of storage throughout the home. You will love this Resort like adult community Sun City Grand-Fitness Centers-Golf-Pools-Clubs-Sports-Pickle Ball & much more.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Sun City Grand Hacienda
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Grand Hacienda
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,760 |
| EXPENSES | Loan Payment | -$1,789 |
| Property Tax | -$358 | |
| Property Insurance | -$63 | |
| HOA | -$11 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$560
|
||
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.
$515,000
PROJECTED PRICE
$1,760
PROJECTED RENT
0.34%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 3.0% |
| 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
$142,225
LOAN DETAILS
$1,789
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $128,750 |
| Loan Amount | $386,250 |
0.67
YEARS SAVED
$1,156
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,760
LIST RENT -
$0.95
LIST RENT PER SQFT
-
$1,761
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
17251 W Cordova Court Surprise, AZ 4
- 2 beds 2 baths ∙ 1,854 Sqft ∙ Built 2002 2 beds 2 baths ∙ 1,854 Sqft ∙ Built 2002
![property image]()
- Rent
- Rent Per SQFT
- $1,760
- $0.95
-
18067 W Hickcox Drive Surprise, AZ 1
- 2 beds 2 baths ∙ 1,690 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,690 Sqft ∙ Built 1998
![property image]()
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.89
-
18643 N Granite Court Surprise, AZ 2
- 2 beds 2 baths ∙ 1,726 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,726 Sqft ∙ Built 2003
![property image]()
LEASED 01/28/21- Rent
- Rent Per SQFT
- $1,600
- $0.93
-
17628 W Lotten Drive Surprise, AZ 3
- 2 beds 2 baths ∙ 1,708 Sqft ∙ Built 2001 2 beds 2 baths ∙ 1,708 Sqft ∙ Built 2001
![property image]()
LEASED 09/26/20- Rent
- Rent Per SQFT
- $1,700
- $1.00
-
16135 W Casa Bonita Court Surprise, AZ 5
- 2 beds 3 baths ∙ 2,035 Sqft ∙ Built 1999 2 beds 3 baths ∙ 2,035 Sqft ∙ Built 1999
![property image]()
LEASED 11/23/20- Rent
- Rent Per SQFT
- $2,000
- $0.98
PROPERTY LISTING DETAILS
Corcoran Platinum Living
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6237757
Last Updated: 07/12/2021
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.
