Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

22609 N Galicia Drive Sun City West, AZ 85375

3 Beds 4 Baths 2,840 sqft Built 2005

$650,000

List Price

$2,600

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $228.87
  • 6 Days on Market
  • MLS # : 6194967
  • Updated Date : 02/16/2021 at 22:18
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,840 sqft
  • Baths : 3 full , 1 half
Listing Agent

Keller Williams Realty East Valley

Listing Agent's Description

Stunning 3 Bedroom Pulte Home on GOLF LOT In Sun City West's Premier 55+ Golf Community CORTE BELLA. This Model Perfect ''Mirada'' PLUS CASITA Floorplan is one of the most popular plans and is an Entertainer's Dream Home. Large Open Spaces and Great Outdoor Living that Looks Out to Green Fairway! This Gate Guarded Active Adult Community is Spectacular with Private Golf Course, Day Spa, Clubhouse, Restaurant, Resort Pool Complex, Workout Facilities & Much More!! This Home is Meticulous & Move-In Ready!! Top of the Line Kitchen with Lots of Rich Wood Cabinetry, Granite Countertops, Stainless Appliance Package, Center Storage Island, Breakfast Bar & Adjoining Breakfast Nook.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: La Posada at Corte Bella Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $122k462k

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

Neighborhood: La Posada at Corte Bella Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10182511

* 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
Liberty High School High Regular 2,141 93 6
Liberty High School High Unknown NA

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating

Liberty High School

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

$585,000$715,000$650,000

PURCHASE PRICE

$2,340$2,860$2,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,600
EXPENSES Loan Payment -$2,258
Property Tax -$615
Property Insurance -$83
HOA -$58
Property Management Fees -$99
CASH FLOW
-$513

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$650,000

PROJECTED PRICE

$2,600

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$178,000

INVESTMENT

$178,000

Down Payment
$162,500
Rehab Estimate
$5,750
Closing Costs
$9,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,258

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $162,500
Loan Amount $487,500
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$4,226

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $2,130

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0003$2,300
$2,300
RENT COMPS ANALYSIS
  • 22609 N Galicia Drive Sun City West, AZ 1
    • 3 beds 4 baths ∙ 2,840 Sqft ∙ Built 2005 3 beds 4 baths ∙ 2,840 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13106 W Micheltorena Drive Sun City West, AZ 2
    • 3 beds 3 baths ∙ 3,027 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,027 Sqft ∙ Built 2005
    LEASED 09/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.66
    •  
  • 23112 N Sol Mar Court Sun City West, AZ 3
    • 3 beds 3 baths ∙ 2,726 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,726 Sqft ∙ Built 2005
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.84
    •  
PROPERTY LISTING DETAILS
Carol A. Royse
Keller Williams Realty East Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6194967
Last Updated: 02/16/2021
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.

BESbswy