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PROPERTY INFO
FACTS
- Single Family
- Built In 1978
- Price/Sqft : $194.88
- 2 Days on Market
- MLS # : 6196910
- Updated Date : 02/20/2021 at 01:21
CONSTRUCTION
- Beds : 3
- Floor Size : 2,150 sqft
- Baths : 2 full
Listing Agent
Delex Realty
Listing Agent's Description
Complete turn-key with Beautiful curb appeal for this gorgeous, completely renovated 3 bed, 2 bath home located on the golf course. Gated courtyard. Spacious open floor plan with stunning laminate wood floors, Plantation Shutters and Formal dining. Kitchen has custom white maple soft closing cabinets and beautiful granite counters. SS appliances include a double oven electric range, Microwave & Dishwasher. Generous sized bedrooms have plush carpeting & ceiling fans. The primary bedroom has a private entrance, full bath with a beautiful tiled step-in shower with grab bars, and a walk-in closet. Backyard is an entertainer's delight with a covered patio, sparkling pool, putting green, overlooks the golf course, with stunning sunsets! Newer roof with warranty!
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,920 |
| EXPENSES | Loan Payment | -$1,455 |
| Property Tax | -$223 | |
| Property Insurance | -$69 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$74
|
||
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.
$419,000
PROJECTED PRICE
$1,920
PROJECTED RENT
0.46%
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
$116,785
LOAN DETAILS
$1,455
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $104,750 |
| Loan Amount | $314,250 |
6.58
YEARS SAVED
$32,846
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
-
$1,725
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
19034 N Palo Verde Drive Sun City, AZ 1
- 3 beds 2 baths ∙ 2,150 Sqft ∙ Built 1978 3 beds 2 baths ∙ 2,150 Sqft ∙ Built 1978
- Rent
- Rent Per SQFT
- $0
- $0.00
-
9535 W Country Club Drive Sun City, AZ 2
- 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1978 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1978
LEASED 06/30/20- Rent
- Rent Per SQFT
- $1,775
- $0.77
-
19808 N Cherry Tree Lane Sun City, AZ 3
- 3 beds 2 baths ∙ 2,350 Sqft ∙ Built 1977 3 beds 2 baths ∙ 2,350 Sqft ∙ Built 1977
LEASED 12/31/20- Rent
- Rent Per SQFT
- $1,795
- $0.76
-
19606 N Palo Verde Drive Sun City, AZ 4
- 3 beds 2 baths ∙ 2,227 Sqft ∙ Built 1978 3 beds 2 baths ∙ 2,227 Sqft ∙ Built 1978
LEASED 12/12/20- Rent
- Rent Per SQFT
- $1,800
- $0.81
-
20038 N 98th Lane Peoria, AZ 5
- 3 beds 3 baths ∙ 2,308 Sqft ∙ Built 1988 3 beds 3 baths ∙ 2,308 Sqft ∙ Built 1988
LEASED 11/16/20- Rent
- Rent Per SQFT
- $2,000
- $0.87
PROPERTY LISTING DETAILS
Delex Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6196910
Last Updated: 02/20/2021
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.
