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23224 N Pedregosa Drive Sun City West, AZ 85375

3 Beds 3 Baths 2,761 sqft Built 2005

$625,000

List Price

$2,160

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $226.37
  • 5 Days on Market
  • MLS # : 6204889
  • Updated Date : 03/13/2021 at 09:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,761 sqft
  • Baths : 3 full
Listing Agent

Century 21 Arizona West

Listing Agent's Description

Welcoming courtyard & Casita (249 SF included ) with lovely wrought iron entrance gate. Expanded Cambria model. Exterior painted in 2020. Beautiful Sunset & Mtn views overlooking the 6th Fairway & 7th green. One of the best golf course view lots. Many upgrades including expanded roof, covered patio, cool decking, water feature, remote powered sunscreens, built in BBQ. Plantation shutters throughout. Upgraded tile floors & cabinets with slide outs, under counter lighting. Granite countertops, 5 burner gas cook top & GE monogram professional hood with infrared warming, Bosch dishwasher, Potassium chloride water softener, Bay windows in kitchen & Master Bedroom. 50 gal hot water heater with recirculating pump. Guest Bd. with Murphy Bd, 2 car garage wth many storage cabinets.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: El Camino at Corte Bella Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k374k

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

Neighborhood: El Camino at Corte Bella Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10072109

* 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
 

$562,500$687,500$625,000

PURCHASE PRICE

$1,944$2,376$2,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,160
EXPENSES Loan Payment -$2,171
Property Tax -$574
Property Insurance -$82
HOA -$58
Property Management Fees -$99
CASH FLOW
-$824

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.

$625,000

PROJECTED PRICE

$2,160

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.3%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$171,375

INVESTMENT

$171,375

Down Payment
$156,250
Rehab Estimate
$5,750
Closing Costs
$9,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,171

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $156,250
Loan Amount $468,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$95

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
  • $2,155

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,9954$2,300
$2,300
RENT COMPS ANALYSIS
  • 23224 N Pedregosa Drive Sun City West, AZ 1
    • 3 beds 3 baths ∙ 2,811 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,811 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11844 W Via Montoya Court Sun City, AZ 2
    • 3 beds 3 baths ∙ 2,466 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,466 Sqft ∙ Built 2005
    LEASED 12/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.65
    •  
  • 12039 W Louise Court Sun City, AZ 3
    • 3 beds 3 baths ∙ 2,466 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,466 Sqft ∙ Built 2008
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.81
    •  
  • 23112 N Sol Mar Court Sun City West, AZ 4
    • 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
Brenda J. Woessner
Century 21 Arizona West
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6204889
Last Updated: 03/13/2021
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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