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19431 N Ponderosa Circle Sun City, AZ 85373

2 Beds 2 Baths 1,827 sqft Built 1976

INVESTimate

$299,500

List Price

$1,460

$1,314 - $1,606

Rent Est.

$328,851  ( +9.80%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1976
  • Price/Sqft : $163.93
  • 6 Days on Market
  • MLS # : 6120771
  • Updated Date : 08/21/2020 at 13:17
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,827 sqft
  • Baths : 1 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

BEAUTIFUL, SPACIOUS 'ANNAPOLIS' FLOOR PLAN ON LARGE CORNER LOT W/ BLOCK FENCING! 2 CAR GARAGE PLUS GOLF CART GARAGE/WORKSHOP!! WONDERFUL EAT-IN KITCHEN FEATURES STAINLESS STEEL APPLIANCES (REFRIG., DISHWASHER, DOUBLE OVEN, BUILT-IN MICROWAVE), & COOK TOP. GRANITE COUNTER TOPS, BREAKFAST BAR, PANTRY, & GORGEOUS CABINETS. ROOF-'19. EXTERIOR PAINTED-'20. CEILING FANS, SKYLIGHTS, SUNSCREENS, SECURITY DRS, DUAL PANE WINDOWS, & TILE IN ALL OF THE RIGHT PLACES. BOTH BEDROOMS HAVE WALK-IN CLOSETS. UTILITY ROOM/OFFICE W/ WASHER/DRYER. SPACIOUS ENCLOSED PATIO/BONUS ROOM W/ SEP. HVAC (NOT INCLUDED IN SQ. FOOTAGE) TO ENJOY LOOKING OUT AT YOUR PRIVATE BACKYARD W/ CITRUS. A MUST SEE!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $80k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8261567

* 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.
 

$269,550$329,450$299,500

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,460
EXPENSES Loan Payment -$1,105
Property Tax -$159
Property Insurance -$63
HOA -$41
Property Management Fees -$99
CASH FLOW
-$7

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.

$299,500

PROJECTED PRICE

$1,460

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.80%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,118

INVESTMENT

$85,118

Down Payment
$74,875
Rehab Estimate
$5,750
Closing Costs
$4,493

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,105

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $74,875
Loan Amount $224,625
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$21,409

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,460

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,576

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4003$1,4604$1,5005$1,690
$1,690
RENT COMPS ANALYSIS
  • 19431 N Ponderosa Circle Sun City, 3
    • 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $0.80
    •  
  • 19608 N Signal Butte Circle Sun City, 1
    • 2 beds 2 baths ∙ 1,552 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,552 Sqft ∙ Built 1977
    property image
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.90
    •  
  • 19826 N Concho Circle Sun City, 2
    • 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977
    property image
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.77
    •  
  • 10409 W Willow Creek Circle Sun City, 4
    • 2 beds 2 baths ∙ 1,763 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,763 Sqft ∙ Built 1976
    property image
    LEASED 04/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.85
    •  
  • 10401 W Concho Circle Sun City, 5
    • 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976
    property image
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.93
    •  
PROPERTY LISTING DETAILS
Joan Andersen
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6120771
Last Updated: 08/21/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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