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21545 N 107th Drive Sun City, AZ 85373

3 Beds 2 Baths 1,891 sqft Built 1999

$389,900

List Price

$1,860

$1.7K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $206.19
  • 5 Days on Market
  • MLS # : 6201733
  • Updated Date : 03/10/2021 at 18:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,891 sqft
  • Baths : 2 full
Listing Agent

Hague Partners

Listing Agent's Description

72 Hour Home Sale! Absolutely stunning single level home in fantastic neighborhood with NO HOA! Walk in and enjoy upgraded everything, top to bottom with vaulted ceilings, travertine floors, granite kitchen, wood flooring, crown molding, soft close drawers, double ovens, farm sink, truly a beauty! Generous master features vessel sinks with Jacuzzi tub and light therapy. Walk to the backyard and enjoy a beautiful pool, turf, decking, and no neighbors behind. This is a one of a kind easy care home you can move right into without any worries, great for families or first time buyers. Truly a must see at this price!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Wildflower Point

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $83k310k

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

Neighborhood: Wildflower Point

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8661804

* 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
Sunrise Mountain High School High Regular 1,675 72 7
Sunrise Mountain High School High Unknown NA

Sunrise Mountain High School

  • Education Level: High
  • # of students: 1,675
  • # of teachers: 72
7
GreatSchools Rating

Sunrise Mountain High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$350,910$428,890$389,900

PURCHASE PRICE

$1,674$2,046$1,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,860
EXPENSES Loan Payment -$1,354
Property Tax -$256
Property Insurance -$64
Property Management Fees -$99
CASH FLOW
$87

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.

$389,900

PROJECTED PRICE

$1,860

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.4%
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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$109,074

INVESTMENT

$109,074

Down Payment
$97,475
Rehab Estimate
$5,750
Closing Costs
$5,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,354

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $97,475
Loan Amount $292,425
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$31,621

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,860

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,891

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$1,649
1$1,6492$1,8503$1,8604$1,9005$1,900
$1,900
RENT COMPS ANALYSIS
  • 21545 N 107th Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,891 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,891 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,860
    • $0.98
    •  
  • 10529 W Via Del Sol -- Peoria, AZ 1
    • 3 beds 2 baths ∙ 1,758 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,758 Sqft ∙ Built 1998
    property image
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.94
    •  
  • 22225 N 102nd Lane Peoria, AZ 2
    • 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 2005
    property image
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.03
    •  
  • 22265 N 102nd Lane Peoria, AZ 4
    • 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2005
    property image
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.04
    •  
  • 10517 W Sands Drive Peoria, AZ 5
    • 4 beds 2 baths ∙ 1,918 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,918 Sqft ∙ Built 1998
    property image
    LEASED 02/02/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.99
    •  
PROPERTY LISTING DETAILS
Alexander M Prewitt
Hague Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6201733
Last Updated: 03/10/2021
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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