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19219 N 138th Avenue Sun City West, AZ 85375

2 Beds 3 Baths 1,438 sqft Built 1995

$280,000

List Price

$1,820

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $194.71
  • 4 Days on Market
  • MLS # : 6183609
  • Updated Date : 01/21/2021 at 23:44
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,438 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Pride of ownership is evident in this immaculate home with updates galore! Conveniently located near the RH Johnson Rec Center and shopping, this gem will not disappoint. Highlights include new tile plank flooring throughout, lovely white kitchen cabinets with granite countertops, recessed lighting, fresh interior paint, and plantation shutters, The backyard is a gorgeous oasis with an extended covered patio and new artificial turf. To top it off this amazing home has a new roof, and is scheduled to have the exterior repainted. This one won't last!

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
 

$252,000$308,000$280,000

PURCHASE PRICE

$1,638$2,002$1,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,820
EXPENSES Loan Payment -$973
Property Tax -$273
Property Insurance -$55
HOA -$201
Property Management Fees -$99
CASH FLOW
$219

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.

$280,000

PROJECTED PRICE

$1,820

PROJECTED RENT

0.65%

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

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$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$973

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

8.75

YEARS SAVED

$33,706

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
  • $1,413

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,4254$1,5005$1,600
$1,600
RENT COMPS ANALYSIS
  • 19219 N 138th Avenue Sun City West, AZ 1
    • 2 beds 3 baths ∙ 1,438 Sqft ∙ Built 1995 2 beds 3 baths ∙ 1,438 Sqft ∙ Built 1995
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13812 W Oak Glen Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,391 Sqft ∙ Built 1987 2 beds 2 baths ∙ 1,391 Sqft ∙ Built 1987
    property image
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.93
    •  
  • 17811 N 136th Court Sun City West, AZ 3
    • 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
    •  
  • 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
    •  
  • 13210 W Pomegranate Drive Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,579 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,579 Sqft ∙ Built 1979
    property image
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.01
    •  
PROPERTY LISTING DETAILS
Cheryl Coccimiglio
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6183609
Last Updated: 01/21/2021
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.

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