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PROPERTY INFO
FACTS
- Single Family
- Built In 1978
- Price/Sqft : $178.40
- 6 Days on Market
- MLS # : 6173930
- Updated Date : 12/23/2020 at 09:01
CONSTRUCTION
- Beds : 2
- Floor Size : 2,046 sqft
- Baths : 1 full , 1 half
Listing Agent
Keller Williams Realty East Valley
Listing Agent's Description
: What a gorgeous home. Complete Remodel in 2017 with new kitchen, bathrooms,and bedrooms! New AC, new flooring throughout, custom paint. New kitchen appliances, new cabinets and counter tops. Eat In Kitchen, also formal dining area. Large Oversized laundry room, with ceiling to floor cabinets plus a laundry sink. New water heater 2019. Family room plus enclosed Arizona room. Master bedroom has huge walk in closet. Master bath completely redone, custom tile shower with glass door, new vanities and fixtures. Second bath just as beautiful. Large bedrooms with walk in closets. New blinds on windows throughout. Covered Patio and Extra large cul-de-sac lot.
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PRICE & RENT TRENDS
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,610 |
| EXPENSES | Loan Payment | -$1,347 |
| Property Tax | -$194 | |
| Property Insurance | -$67 | |
| HOA | -$33 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$130
|
||
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.
$365,000
PROJECTED PRICE
$1,610
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 9.8% |
| 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
$102,475
LOAN DETAILS
$1,347
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $91,250 |
| Loan Amount | $273,750 |
4
YEARS SAVED
$15,759
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,610
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$1,453
COMP ESTIMATED VALUE -
$0.71
COMP AVG. RENT PER SQFT
Comps Range
-
18423 N 94th Drive Sun City, AZ 5
- 2 beds 2 baths ∙ 2,046 Sqft ∙ Built 1978 2 beds 2 baths ∙ 2,046 Sqft ∙ Built 1978
![property image]()
- Rent
- Rent Per SQFT
- $1,610
- $0.79
-
17227 N Country Club Drive Sun City, AZ 1
- 2 beds 2 baths ∙ 2,030 Sqft ∙ Built 1978 2 beds 2 baths ∙ 2,030 Sqft ∙ Built 1978
![property image]()
LEASED 08/01/19- Rent
- Rent Per SQFT
- $1,400
- $0.69
-
17623 N Foothills Drive Sun City, AZ 2
- 2 beds 2 baths ∙ 1,999 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,999 Sqft ∙ Built 1978
![property image]()
LEASED 04/24/20- Rent
- Rent Per SQFT
- $1,400
- $0.70
-
17403 N Hitching Post Drive Sun City, AZ 3
- 2 beds 2 baths ∙ 2,094 Sqft ∙ Built 1978 2 beds 2 baths ∙ 2,094 Sqft ∙ Built 1978
![property image]()
LEASED 08/04/20- Rent
- Rent Per SQFT
- $1,400
- $0.67
-
9760 W Kimberly Way Peoria, AZ 4
- 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984 2 beds 3 baths ∙ 2,056 Sqft ∙ Built 1984
![property image]()
LEASED 02/15/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
PROPERTY LISTING DETAILS
Keller Williams Realty East Valley
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173930
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.
