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PROPERTY INFO
FACTS
- Single Family
- Built In 1979
- Price/Sqft : $169.98
- 5 Days on Market
- MLS # : 6168960
- Updated Date : 12/23/2020 at 17:25
CONSTRUCTION
- Beds : 2
- Floor Size : 2,265 sqft
- Baths : 2 full
Listing Agent
Lake Pleasant Real Estate
Listing Agent's Description
Welcome home to this beautiful completely remodeled home in move in ready condition. Home is situated on a corner lot featuring a brand new paver driveway, new roof, HVAC, dual pane windows, all new window coverings, new toilets and new soft water unit. Wood plank tile throughout and carpet in the bedrooms. Kitchen has white shaker cabinets with soft close, quartz counters, stainless appliances, large island, and walk-in pantry. The great room features a stacked stone electric fireplace. Enjoy relaxing in the den just off the kitchen.
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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 | $1,650 |
| EXPENSES | Loan Payment | -$1,420 |
| Property Tax | -$221 | |
| Property Insurance | -$71 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$203
|
||
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.
$385,000
PROJECTED PRICE
$1,650
PROJECTED RENT
0.43%
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
$107,775
LOAN DETAILS
$1,420
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $96,250 |
| Loan Amount | $288,750 |
3.17
YEARS SAVED
$11,573
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,650
LIST RENT -
$0.73
LIST RENT PER SQFT
-
$1,693
COMP ESTIMATED VALUE -
$0.75
COMP AVG. RENT PER SQFT
Comps Range
-
17819 N 130th Avenue Sun City West, AZ 5
- 2 beds 2 baths ∙ 2,265 Sqft ∙ Built 1979 2 beds 2 baths ∙ 2,265 Sqft ∙ Built 1979
- Rent
- Rent Per SQFT
- $1,650
- $0.73
-
12819 W Beechwood Drive Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1979
LEASED 08/14/20- Rent
- Rent Per SQFT
- $1,425
- $0.73
-
12706 W Blue Bonnet Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1981 2 beds 2 baths ∙ 1,950 Sqft ∙ Built 1981
LEASED 02/01/20- Rent
- Rent Per SQFT
- $1,485
- $0.76
-
12418 W Bonanza Drive Sun City West, AZ 3
- 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1983 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1983
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.74
-
18021 N 136th Avenue Sun City West, AZ 4
- 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
Lake Pleasant Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6168960
Last Updated: 12/23/2020
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.
