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25468 S Truro Drive Sun Lakes, AZ 85248

2 Beds 2 Baths 1,545 sqft Built 1987

$349,970

List Price

$1,670

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $226.52
  • 3 Days on Market
  • MLS # : 6184115
  • Updated Date : 01/21/2021 at 23:31
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,545 sqft
  • Baths : 2 full
Listing Agent

Realty Executives

Listing Agent's Description

UPDATED Sun Lakes One-Story house with 2-Bedrooms, 2-Bathrooms, and a 2-Car Garage. Workshop. Lots of Storage. Low Maintenance Yard. Arizona Room. Cottonwood Country Club Golf Course. Bonus Buyer Incentive (ask for details).

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun Lakes

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k377k

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

Neighborhood: Sun Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Jacobson Elementary School Primary Regular 889 41 9
Jacobson Elementary School Middle Regular 889 41 9
Hamilton High School High Regular 3,740 190 8

Jacobson Elementary School

  • Education Level: Primary
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Jacobson Elementary School

  • Education Level: Middle
  • # of students: 889
  • # of teachers: 41
9
GreatSchools Rating

Hamilton High School

  • Education Level: High
  • # of students: 3,740
  • # of teachers: 190
8
GreatSchools Rating
 

$314,973$384,967$349,970

PURCHASE PRICE

$1,503$1,837$1,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,670
EXPENSES Loan Payment -$1,216
Property Tax -$239
Property Insurance -$57
HOA -$125
Property Management Fees -$99
CASH FLOW
-$66

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.

$349,970

PROJECTED PRICE

$1,670

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,492

INVESTMENT

$98,492

Down Payment
$87,493
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,216

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,493
Loan Amount $262,478
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$13,185

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,670

    LIST RENT
  • $1.08

    LIST RENT PER SQFT
  • $1,676

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,6703$1,7954$1,8005$1,850
$1,850
RENT COMPS ANALYSIS
  • 25468 S Truro Drive Sun Lakes, AZ 2
    • 2 beds 2 baths ∙ 1,545 Sqft ∙ Built 1987 2 beds 2 baths ∙ 1,545 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $1,670
    • $1.08
    •  
  • 25633 S Ontario Drive Sun Lakes, AZ 1
    • 2 beds 2 baths ∙ 1,384 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,384 Sqft ∙ Built 1979
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.08
    •  
  • 9437 E Minnesota Avenue Sun Lakes, AZ 3
    • 2 beds 2 baths ∙ 1,719 Sqft ∙ Built 1987 2 beds 2 baths ∙ 1,719 Sqft ∙ Built 1987
    LEASED 09/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.04
    •  
  • 9841 E Gemini Place Sun Lakes, AZ 4
    • 2 beds 2 baths ∙ 1,624 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,624 Sqft ∙ Built 2006
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.11
    •  
  • 9514 E Lawndale Place Sun Lakes, AZ 5
    • 2 beds 2 baths ∙ 1,672 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,672 Sqft ∙ Built 1979
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.11
    •  
PROPERTY LISTING DETAILS
Christopher D Adams
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184115
Last Updated: 01/21/2021
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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