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PROPERTY INFO
FACTS
- Single Family
- Built In 1993
- Price/Sqft : $216.47
- 2 Days on Market
- MLS # : 6172613
- Updated Date : 12/19/2020 at 12:32
CONSTRUCTION
- Beds : 2
- Floor Size : 1,293 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
Spectacular views from this FURNISHED home in the highly sought after gated/guarded golf community of Sun Village! The open, split bedroom floor plan boast a bright eat-in kitchen, spacious great room, and separate dining area. Relax in the private backyard oasis with covered patio, fountains, and park-like setting. This is one of the best lots in Sun Village. Freshly painted. Enjoy golf, pickle ball, tennis, workout facility, and a gourmet restaurant right in your neighborhood. This is Arizona living at it's finest!
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PRICE & RENT TRENDS
Neighborhood: Zuni Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Zuni Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,590 |
| EXPENSES | Loan Payment | -$1,033 |
| Property Tax | -$195 | |
| Property Insurance | -$52 | |
| HOA | -$271 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$60
|
||
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.
$279,900
PROJECTED PRICE
$1,590
PROJECTED RENT
0.57%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.6% |
| 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
$79,924
LOAN DETAILS
$1,033
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $69,975 |
| Loan Amount | $209,925 |
4
YEARS SAVED
$12,001
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,590
LIST RENT -
$1.23
LIST RENT PER SQFT
-
$1,594
COMP ESTIMATED VALUE -
$1.23
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 05/28/20- Rent
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- $1,250
- $1.15
-
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LEASED 08/15/20- Rent
- Rent Per SQFT
- $1,400
- $1.18
-
17176 N Winding Trail Surprise, AZ 3
- 2 beds 2 baths ∙ 1,097 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,097 Sqft ∙ Built 1994
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LEASED 07/07/20- Rent
- Rent Per SQFT
- $1,500
- $1.37
-
13945 W Santee Way Surprise, AZ 5
- 2 beds 2 baths ∙ 1,427 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,427 Sqft ∙ Built 1994
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LEASED 01/01/20- Rent
- Rent Per SQFT
- $1,750
- $1.23
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6172613
Last Updated: 12/19/2020
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.
