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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $213.32
- 2 Days on Market
- MLS # : 6170786
- Updated Date : 12/12/2020 at 13:42
CONSTRUCTION
- Beds : 2
- Floor Size : 1,336 sqft
- Baths : 1 full , 1 half
Listing Agent
Libertas Real Estate
Listing Agent's Description
This well maintained spilt Rio Verde floor plan is move in ready. This home boasts of fresh interior paint, new vinyl and carpet flooring throughout the home. With a nice screened in patio off the back to the spacious living space it is perfect for the winter visitor to the year round resident. Nice stucco exterior in a well maintained HOA. Don't miss out on this home, it 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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,370 |
| EXPENSES | Loan Payment | -$1,052 |
| Property Tax | -$278 | |
| Property Insurance | -$53 | |
| HOA | -$176 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$288
|
||
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.
$285,000
PROJECTED PRICE
$1,370
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.6% |
| 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
$81,275
LOAN DETAILS
$1,052
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $71,250 |
| Loan Amount | $213,750 |
0.75
YEARS SAVED
$1,053
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,370
LIST RENT -
$1.03
LIST RENT PER SQFT
-
$1,389
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
-
22410 N Mirage Lane Sun City West, AZ 3
- 2 beds 2 baths ∙ 1,336 Sqft ∙ Built 1996 2 beds 2 baths ∙ 1,336 Sqft ∙ Built 1996
![property image]()
- Rent
- Rent Per SQFT
- $1,370
- $1.03
-
13709 W Pavillion Drive Sun City West, AZ 1
- 2 beds 2 baths ∙ 1,067 Sqft ∙ Built 1989 2 beds 2 baths ∙ 1,067 Sqft ∙ Built 1989
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LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,195
- $1.12
-
21614 N 139th Drive Sun City West, AZ 2
- 2 beds 2 baths ∙ 1,185 Sqft ∙ Built 1990 2 beds 2 baths ∙ 1,185 Sqft ∙ Built 1990
![property image]()
LEASED 12/20/19- Rent
- Rent Per SQFT
- $1,250
- $1.05
-
14218 W Via Manana -- Sun City West, AZ 4
- 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,555 Sqft ∙ Built 1994
![property image]()
LEASED 08/15/20- Rent
- Rent Per SQFT
- $1,475
- $0.95
-
14221 W Territorial Lane Sun City West, AZ 5
- 2 beds 2 baths ∙ 1,438 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,438 Sqft ∙ Built 1994
![property image]()
LEASED 10/02/20- Rent
- Rent Per SQFT
- $1,500
- $1.04
PROPERTY LISTING DETAILS
Libertas Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6170786
Last Updated: 12/12/2020
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.
