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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $165.67
- 4 Days on Market
- MLS # : 6174489
- Updated Date : 12/24/2020 at 16:22
CONSTRUCTION
- Beds : 2
- Floor Size : 2,167 sqft
- Baths : 2 full , 1 half
Listing Agent
Libertas Real Estate
Listing Agent's Description
Very well maintained one owner home you'll want to tour. Enter through the large private courtyard, cherry cabinets throughout, large island, with plenty of added storage throughout and in hallway between bedrooms. Kitchen has newer stainless-steel appliances, gas stove, nonlaminated counter tops and two pantries. You'll appreciate the extra square footage added to both bedrooms as both have bay windows. Primary bath has an exceptionally large step in shower, private water closet and dual sinks. Full hall bath plus powder room off garage. Home comes with shutters and blinds, ceiling fans, raised windows in the family room, walkout sliding glass door to extended back covered patio, extended knee wall and small putting green. Garage has 4 ft extension with attached cabinets and workbench.
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PRICE & RENT TRENDS
Neighborhood: Sun City Grand Ironwood
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Grand Ironwood
* 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 | -$1,325 |
| Property Tax | -$276 | |
| Property Insurance | -$69 | |
| HOA | -$11 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$140
|
||
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.
$359,000
PROJECTED PRICE
$1,920
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$100,885
LOAN DETAILS
$1,325
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $89,750 |
| Loan Amount | $269,250 |
7.58
YEARS SAVED
$40,792
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,907
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 12/01/19- Rent
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- $1,650
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LEASED 01/28/20- Rent
- Rent Per SQFT
- $1,698
- $0.83
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14608 W Blackwood Drive Sun City West, AZ 4
- 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989
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LEASED 08/01/20- Rent
- Rent Per SQFT
- $1,750
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LEASED 10/30/20- Rent
- Rent Per SQFT
- $1,750
- $0.87
PROPERTY LISTING DETAILS
Libertas Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174489
Last Updated: 12/24/2020
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.
