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17823 N Azurite Drive Sun City West, AZ 85375

3 Beds 2 Baths 2,528 sqft Built 1986

$453,000

List Price

$2,080

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $179.19
  • 2 Days on Market
  • MLS # : 6179037
  • Updated Date : 01/09/2021 at 17:31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,528 sqft
  • Baths : 1 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

WOW! This home is spectacular!! A rare 3 Bedroom Gem that is move in ready. Entry way features a beautiful arch way to a fabulous living room with sliding glass door to your covered back patio. A Barn Door has been added to separate the Living Room to Kitchen and Family Room. Wait until you see this updated bright open Kitchen. With beautiful countertops and the completely updated lighting. Pendant lights over the breakfast bar for the modern look. Master Bedroom features a sliding glass door which leads to your private covered patio. Patio flooring has been done in cool decking to match the back patio. Master Bedroom has also had a barn door added to separate the bedroom from the totally remodeled Master Bathroom. A walk in tiled shower to the Granite Countertops and Dual sinks and all

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
 

$407,700$498,300$453,000

PURCHASE PRICE

$1,872$2,288$2,080

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,080
EXPENSES Loan Payment -$1,573
Property Tax -$261
Property Insurance -$76
HOA -$41
Property Management Fees -$99
CASH FLOW
$30

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.

$453,000

PROJECTED PRICE

$2,080

PROJECTED RENT

0.46%

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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$125,795

INVESTMENT

$125,795

Down Payment
$113,250
Rehab Estimate
$5,750
Closing Costs
$6,795

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,573

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $113,250
Loan Amount $339,750
See What Happens When You Reinvest Cash Flow

5.83

YEARS SAVED

$29,962

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
  • $1,963

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7953$1,8954$1,895
$1,895
RENT COMPS ANALYSIS
  • 17823 N Azurite Drive Sun City West, AZ 1
    • 3 beds 2 baths ∙ 2,528 Sqft ∙ Built 1986 3 beds 2 baths ∙ 2,528 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13741 W Port Royale Lane Surprise, AZ 2
    • 4 beds 3 baths ∙ 2,387 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,387 Sqft ∙ Built 2004
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.75
    •  
  • 13807 W Country Gables Drive Surprise, AZ 3
    • 4 beds 3 baths ∙ 2,387 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,387 Sqft ∙ Built 2004
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.79
    •  
  • 14999 N 137th Lane Surprise, AZ 4
    • 4 beds 3 baths ∙ 2,387 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,387 Sqft ∙ Built 2004
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.79
    •  
PROPERTY LISTING DETAILS
Jeanne Brownlee
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179037
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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