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PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $234.41
- 2 Days on Market
- MLS # : 6203466
- Updated Date : 03/06/2021 at 06:48
CONSTRUCTION
- Beds : 2
- Floor Size : 1,706 sqft
- Baths : 2 full
Listing Agent
Superstars Realty
Listing Agent's Description
Stunning Sycamore model with 1706 square feet of gorgeous upgrades located in Sun City Grand! This two bedroom two bathroom home, plus an open den, features new interior paint, brand new carpet in the rooms, new stainless steel appliances in the kitchen and new fixtures throughout! The low maintenance backyard has an extended patio with cool decking, plenty fruit trees and a fully fenced backyard so you can let your pets out without worry! Sun City Grand is the home of four Billy Casper and Greg Nash signature golf courses including plenty of other activities and fitness equipment. Schedule your showing today!
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PRICE & RENT TRENDS
Neighborhood: Sun City Grand Santa Fe
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Grand Santa Fe
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,630 |
| EXPENSES | Loan Payment | -$1,389 |
| Property Tax | -$239 | |
| Property Insurance | -$60 | |
| HOA | -$11 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$169
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$399,900
PROJECTED PRICE
$1,630
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 3.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$111,724
LOAN DETAILS
$1,389
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $99,975 |
| Loan Amount | $299,925 |
3.42
YEARS SAVED
$11,342
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
-
$1,629
COMP ESTIMATED VALUE -
$0.96
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 03/14/20- Rent
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- $1,400
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LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.89
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18643 N Granite Court Surprise, AZ 4
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LEASED 01/28/21- Rent
- Rent Per SQFT
- $1,600
- $0.93
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![property image]()
LEASED 09/26/20- Rent
- Rent Per SQFT
- $1,700
- $1.00
PROPERTY LISTING DETAILS
Superstars Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203466
Last Updated: 03/06/2021
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.
