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

18617 N 136th Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,391 sqft Built 1991

$229,900

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $165.28
  • 3 Days on Market
  • MLS # : 6209258
  • Updated Date : 03/20/2021 at 01:04
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,391 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

LOCATION*LOCATION*LOCATION* Very desirable Sun City West Community close to everything.. Sun City West has 7 Golf Courses and 4 Recreational Centers for your enjoyment,* Home features 2 Bedrooms and 2 Bathrooms*Eat in Kitchen Family Room combination* Formal Dining Room* Living Room*Big Inside Laundry Room with utility sink and cabinet*Nice shaded oversized court yard patio area all with a 2 Car Garage with built in cabinets*Extra Clean Home that is fully furnished including TV ready to move into* Start enjoying retirement living* Not just selling a home but selling a lifestyle* You will not be disappointed showing this move in ready home *Quick Closing*Great Location close to everything*Pristine Grounds* Refrigerator*Washer & Dryer included*This is an Adult Community*

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
Valley Vista High School High Regular 2,457 101 4
Valley Vista High School High Unknown NA

Valley Vista High School

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

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$206,910$252,890$229,900

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$799
Property Tax -$132
Property Insurance -$54
HOA -$220
Property Management Fees -$99
CASH FLOW
$306

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.

$229,900

PROJECTED PRICE

$1,610

PROJECTED RENT

0.70%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,674

INVESTMENT

$66,674

Down Payment
$57,475
Rehab Estimate
$5,750
Closing Costs
$3,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$799

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $57,475
Loan Amount $172,425
See What Happens When You Reinvest Cash Flow

11.58

YEARS SAVED

$41,198

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
  • $1,433

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4253$1,5004$1,5005$1,525
$1,525
RENT COMPS ANALYSIS
  • 18617 N 136th Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 1,391 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,391 Sqft ∙ Built 1991
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17811 N 136th Court Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986
    property image
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $1.03
    •  
  • 18219 N 130th Avenue Sun City West, AZ 3
    • 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1979
    property image
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.97
    •  
  • 19014 N 133rd Avenue Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,565 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,565 Sqft ∙ Built 1979
    property image
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.96
    •  
  • 18826 N Palomar Drive Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,313 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,313 Sqft ∙ Built 1991
    property image
    LEASED 02/03/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $1.16
    •  
PROPERTY LISTING DETAILS
Carolyn J Barnes
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209258
Last Updated: 03/20/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy