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20418 N Desert Glen Drive 
Sun City West, AZ
85375
2 Beds 2 Baths 1,824 sqft
Built 1988
INVESTimate
$297,000
List Price
$84,455
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PROPERTY INFO
FACTS
- Built In 1988
- Price/Sqft : $162.83
- 3 Days on Market
- MLS # : 6121186
- Updated Date : 08/24/2020 at 13:26
CONSTRUCTION
- Beds : 2
- Floor Size : 1,824 sqft
- Baths : 1 full , 1 half
Listing Agent
Re/max Excalibur
Listing Agent's Description
Welcome home to this meticulously maintained 2 bedroom, 1.75 bath, 1824 SF charmer in the heart of Sun City West! Soaring ceilings, built in cabinets in the family room, and an updated kitchen highlight this spacious home. Home office area, tall ceilings in the Master Bedroom, nice walk in closet, plenty of garage storage, and a huge covered patio are the icing on the cake for this move in ready home. Hurry this one won't last long!
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PRICE & RENT TRENDS
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City West
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,540 |
| EXPENSES | Loan Payment | -$1,096 |
| Property Tax | -$171 | |
| Property Insurance | -$63 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$71
|
||
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.
$297,000
PROJECTED PRICE
$1,540
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.59% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$84,455
LOAN DETAILS
$1,096
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $74,250 |
| Loan Amount | $222,750 |
7
YEARS SAVED
$29,056
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,540
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$1,651
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
20418 N Desert Glen Drive Sun City West, 2
- 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1988 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1988
![property image]()
- Rent
- Rent Per SQFT
- $1,540
- $0.84
-
19830 N 146th Drive Sun City West, 1
- 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988
![property image]()
LEASED 08/01/20- Rent
- Rent Per SQFT
- $1,450
- $0.86
-
20414 N Meadowood Drive Sun City West, 3
- 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,733 Sqft ∙ Built 1991
![property image]()
LEASED 03/23/20- Rent
- Rent Per SQFT
- $1,550
- $0.89
-
14672 W Yosemite Drive Sun City West, 4
- 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,683 Sqft ∙ Built 1992
![property image]()
LEASED 11/17/19- Rent
- Rent Per SQFT
- $1,600
- $0.95
-
14608 W Blackwood Drive Sun City West, 5
- 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,902 Sqft ∙ Built 1989
![property image]()
LEASED 08/01/20- Rent
- Rent Per SQFT
- $1,750
- $0.92
PROPERTY LISTING DETAILS
Re/max Excalibur
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6121186
Last Updated: 08/24/2020
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.
