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20013 N 99th Drive Sun City, AZ 85373

2 Beds 2 Baths 1,810 sqft Built 1977

$260,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 01, 2020 RECENTLY ADDED
FACTS
  • Built In 1977
  • Price/Sqft : $143.65
  • 3 Days on Market
  • MLS # : 6151745
  • Updated Date : 11/01/2020 at 02:15
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,810 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Two bedroom/2 bath Annapolis model available in phase 3 of Sun City! Amenities include: Dual pane windows with sunscreens and/or roller shades, fully fenced (block), insulated garage door, R30 insulation in attic, soft water system, two patios - one covered and one screened in AZ room, Hampton ceiling fans with remotes. Oversized laundry room can double as a craft room, office, or bdrm. This home has 3 mini split systems AC/heat (Mst Bdrm, office, garage) for extra comfort and savings. 15 seer, 4 ton AC 2014. Evap cooler 2015. This move in ready home has been gently lived in and is clean, clean, clean!! Don't delay, come and view today!

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.
 

$234,000$286,000$260,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$959
Property Tax -$138
Property Insurance -$62
HOA -$41
Property Management Fees -$99
CASH FLOW
$90

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.

$260,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$28,498

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,390

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,529

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,390
1$1,3902$1,4003$1,4754$1,5755$1,690
$1,690
RENT COMPS ANALYSIS
  • 20013 N 99th Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,810 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,810 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.77
    •  
  • 19826 N Concho Circle Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1977
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.77
    •  
  • 18629 N Kiva Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,896 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,896 Sqft ∙ Built 1976
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.78
    •  
  • 9618 W Sierra Pinta Drive Peoria, AZ 4
    • 2 beds 2 baths ∙ 1,747 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,747 Sqft ∙ Built 1989
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.90
    •  
  • 10401 W Concho Circle Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976 2 beds 2 baths ∙ 1,827 Sqft ∙ Built 1976
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.93
    •  
PROPERTY LISTING DETAILS
Karen Smith
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6151745
Last Updated: 11/01/2020
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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