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PROPERTY INFO
FACTS
- Single Family
- Built In 1978
- Price/Sqft : $169.10
- 2 Days on Market
- MLS # : 6163632
- Updated Date : 11/21/2020 at 16:00
CONSTRUCTION
- Beds : 2
- Floor Size : 1,508 sqft
- Baths : 2 full
Listing Agent
Libertas Real Estate
Listing Agent's Description
Beautiful move-in ready home in Sun City with curb appeal! This charming home boasts an array of upgrades! Wood style tile and this open floorplan are only a few of the features you will enjoy. Gorgeous granite countertops, stainless steel appliances and white cabinetry finish your new kitchen off with the utmost taste. Large windows host perfect natural lighting! Enjoy the outdoors on your partially covered patio and zero maintenance yard. New garage door, and roof in 2018. This perfect home is located in an established neighborhood and near all the amenities you will need! Don't miss out on this opportunity!
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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 | $1,410 |
| EXPENSES | Loan Payment | -$941 |
| Property Tax | -$136 | |
| Property Insurance | -$57 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$137
|
||
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.
$255,000
PROJECTED PRICE
$1,410
PROJECTED RENT
0.55%
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
$73,325
LOAN DETAILS
$941
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $63,750 |
| Loan Amount | $191,250 |
8.42
YEARS SAVED
$33,509
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,557
COMP ESTIMATED VALUE -
$1.03
COMP AVG. RENT PER SQFT
Comps Range
-
17415 N Lime Rock Drive Sun City, AZ 1
- 2 beds 2 baths ∙ 1,508 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,508 Sqft ∙ Built 1978
- Rent
- Rent Per SQFT
- $0
- $0.00
-
17603 N Hitching Post Drive Sun City, AZ 2
- 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1978
LEASED 08/01/19- Rent
- Rent Per SQFT
- $1,250
- $1.08
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8770 W Athens Street Peoria, AZ 3
- 2 beds 2 baths ∙ 1,391 Sqft ∙ Built 1987 2 beds 2 baths ∙ 1,391 Sqft ∙ Built 1987
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,300
- $0.93
-
8762 W Saint John Road Peoria, AZ 4
- 2 beds 3 baths ∙ 1,391 Sqft ∙ Built 1986 2 beds 3 baths ∙ 1,391 Sqft ∙ Built 1986
LEASED 06/05/20- Rent
- Rent Per SQFT
- $1,350
- $0.97
-
18801 N 96th Avenue Peoria, AZ 5
- 2 beds 2 baths ∙ 1,395 Sqft ∙ Built 1983 2 beds 2 baths ∙ 1,395 Sqft ∙ Built 1983
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,600
- $1.15
PROPERTY LISTING DETAILS
Libertas Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6163632
Last Updated: 11/21/2020
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.
