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17614 N Lasso Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,760 sqft Built 1986

$318,000

List Price

$1,570

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $180.68
  • 4 Days on Market
  • MLS # : 6205819
  • Updated Date : 03/13/2021 at 02:23
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,760 sqft
  • Baths : 1 full , 1 half
Listing Agent

Dpr Realty Llc

Listing Agent's Description

Don't miss this beautiful home available in the 55+ active adult community of Sun City West. This expanded 1403 model features charming curb appeal leading you into the light and bright interior with a bay window in living, tile flooring and a flowing open floorplan. Spacious eat in kitchen boasts lovely glass front cabinetry. You will love the versatility of the sun soaked Arizona room. Perfect for entertaining or relaxing with a good book. The bedrooms with ceiling fans are generously sized. Move right in and start taking advantage of all this amazing community has to offer. Something for everyone. Updates include new windows, new landscape irrigation, and new toilets and shower surrounds. Schedule your private showing today.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10132109

* 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 Regular 2,457 101 4
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students: 2,457
  • # of teachers: 101
4
GreatSchools Rating

Valley Vista High School

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

$286,200$349,800$318,000

PURCHASE PRICE

$1,413$1,727$1,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,570
EXPENSES Loan Payment -$1,105
Property Tax -$183
Property Insurance -$62
Property Management Fees -$99
CASH FLOW
$122

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.

$318,000

PROJECTED PRICE

$1,570

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,020

INVESTMENT

$90,020

Down Payment
$79,500
Rehab Estimate
$5,750
Closing Costs
$4,770

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,105

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $79,500
Loan Amount $238,500
See What Happens When You Reinvest Cash Flow

7.58

YEARS SAVED

$30,966

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,570

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,470

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,299
1$1,2992$1,5003$1,5504$1,5705$1,625
$1,625
RENT COMPS ANALYSIS
  • 17614 N Lasso Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,760 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,760 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $1,570
    • $0.89
    •  
  • 18019 N 132nd Avenue Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,739 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,739 Sqft ∙ Built 1979
    LEASED 04/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,299
    • $0.75
    •  
  • 17614 N Whispering Oaks Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,912 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,912 Sqft ∙ Built 1979
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.78
    •  
  • 17615 N 134th Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1986
    LEASED 02/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.92
    •  
  • 18027 N 136th Drive Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1986
    LEASED 02/27/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.89
    •  
PROPERTY LISTING DETAILS
Stephanie Bates
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6205819
Last Updated: 03/13/2021
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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