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PROPERTY INFO
FACTS
- Single Family
- Built In 1987
- Price/Sqft : $200.33
- 6 Days on Market
- MLS # : 6173885
- Updated Date : 12/24/2020 at 14:05
CONSTRUCTION
- Beds : 2
- Floor Size : 1,208 sqft
- Baths : 1 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
Move in ready 2 bedroom Wellington model.Split bedrooms offer privacy for you and your guests. Updates include newer Tile flooring through out the home (2017), HVAC (2017), Ceiling fans (2017), Garage door and opener. Enjoy your morning coffee in your enclosed AZ room. Outdoor fenced area in backyard is pet friendly.
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PRICE & RENT TRENDS
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,400 |
| EXPENSES | Loan Payment | -$893 |
| Property Tax | -$139 | |
| Property Insurance | -$51 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$177
|
||
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.
$242,000
PROJECTED PRICE
$1,400
PROJECTED RENT
0.58%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$69,880
LOAN DETAILS
$893
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $60,500 |
| Loan Amount | $181,500 |
9.42
YEARS SAVED
$37,051
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,400
LIST RENT -
$1.16
LIST RENT PER SQFT
-
$1,302
COMP ESTIMATED VALUE -
$1.08
COMP AVG. RENT PER SQFT
Comps Range
-
17610 N 133rd Drive Sun City West, AZ 4
- 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1987 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1987
- Rent
- Rent Per SQFT
- $1,400
- $1.16
-
18655 N Palomar Drive Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,138 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,138 Sqft ∙ Built 1984
LEASED 04/23/20- Rent
- Rent Per SQFT
- $1,150
- $1.01
-
13543 W Gemstone Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,046 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,046 Sqft ∙ Built 1986
LEASED 01/01/20- Rent
- Rent Per SQFT
- $1,200
- $1.15
-
12518 W Skyview Drive Sun City West, AZ 3
- 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,160 Sqft ∙ Built 1979
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,300
- $1.12
-
17811 N 136th Court Sun City West, AZ 5
- 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,425
- $1.03
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173885
Last Updated: 12/24/2020
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.
