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17819 N 130th Avenue Sun City West, AZ 85375

2 Beds 2 Baths 2,265 sqft Built 1979

$385,000

List Price

$1,650

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
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.

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
Thompson Ranch Elementary School Primary Regular 979 46 2
Thompson Ranch Elementary School Middle Regular 979 46 2
Valley Vista High School High Regular 2,457 101 4

Thompson Ranch Elementary School

  • Education Level: Primary
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Thompson Ranch Elementary School

  • Education Level: Middle
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Valley Vista High School

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

$346,500$423,500$385,000

PURCHASE PRICE

$1,485$1,815$1,650

RENT

DOWN PAYMENT
FINANCING

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

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-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$107,775

INVESTMENT

$107,775

Down Payment
$96,250
Rehab Estimate
$5,750
Closing Costs
$5,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,420

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $96,250
Loan Amount $288,750
See What Happens When You Reinvest Cash Flow

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
$1,425
1$1,4252$1,4853$1,5004$1,5005$1,650
$1,650
RENT COMPS ANALYSIS
  • 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
Joanna Bloodworth
Lake Pleasant Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168960
Last Updated: 12/23/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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