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 1979
- Price/Sqft : $163.89
- 2 Days on Market
- MLS # : 6176400
- Updated Date : 01/02/2021 at 18:12
CONSTRUCTION
- Beds : 2
- Floor Size : 1,800 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
This Expanded Wilmington model offers many upgrades and special features nicely situated in Sun City West's active community. Just one of the many amenities in this 2BR/2BA home is a rarely found accessibility feature: a tiled, roll-in shower for ease of entry & exit. Other features include Instant Hot Water, Leased Solar, replaced heat pump & roof, along with completely remodeled baths that make this home desirable. Country kitchen with granite counters & stainless steel appliances, formal dining room, newer carpeting in living room and bedrooms, raised toilets, whole house water filtration, WiFi thermostat and Nest doorbell are amenities already waiting for you. Enjoy your morning coffee in the screened in back patio. There's even an air conditioned hobby/workshop room off the patio.
SEE MORE
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 | $1,370 |
| EXPENSES | Loan Payment | -$1,088 |
| Property Tax | -$170 | |
| Property Insurance | -$62 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$90
|
||
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.
$295,000
PROJECTED PRICE
$1,370
PROJECTED RENT
0.46%
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
$83,925
LOAN DETAILS
$1,088
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $73,750 |
| Loan Amount | $221,250 |
4.17
YEARS SAVED
$13,605
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,364
COMP ESTIMATED VALUE -
$0.76
COMP AVG. RENT PER SQFT
Comps Range
-
17818 N 131st Avenue Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,800 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,800 Sqft ∙ Built 1979
- Rent
- Rent Per SQFT
- $0
- $0.00
-
12411 W Foxfire Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,688 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,688 Sqft ∙ Built 1984
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,250
- $0.74
-
18019 N 132nd Avenue Sun City West, AZ 3
- 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 4
- 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
-
18021 N 136th Avenue Sun City West, AZ 5
- 2 beds 2 baths ∙ 1,984 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,984 Sqft ∙ Built 1986
LEASED 09/10/20- Rent
- Rent Per SQFT
- $1,500
- $0.76
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6176400
Last Updated: 01/02/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
