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25801 S Hollygreen Drive Sun Lakes, AZ 85248

2 Beds 2 Baths 1,540 sqft Built 1993

$349,900

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $227.21
  • 10 Days on Market
  • MLS # : 6165400
  • Updated Date : 12/04/2020 at 13:11
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,540 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Beautiful upgraded 2 Bedroom/2 Bath Home/ all Ceramic Tile Floors, new Granite Counter Tops, Bonus Room or Den/Office. Vaulted Ceilings. Family Room, Breakfast Area off Kitchen. Pantry, New Dishwasher, Stove/Oven, Built in Micro Wave. Nice Back Yard, 2 Car Garage, all Tile Roof. Close to Club House, Golf, Tennis, Dinning, Sports Bars, Shopping, New Work Out Facility. So Much More. Come See!

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
 

$314,910$384,890$349,900

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$1,291
Property Tax -$239
Property Insurance -$57
HOA -$10
Property Management Fees -$99
CASH FLOW
-$116

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.

$349,900

PROJECTED PRICE

$1,580

PROJECTED RENT

0.45%

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$98,474

INVESTMENT

$98,474

Down Payment
$87,475
Rehab Estimate
$5,750
Closing Costs
$5,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,291

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,475
Loan Amount $262,425
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$14,101

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,580

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $1,682

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5803$1,7504$1,7955$1,800
$1,800
RENT COMPS ANALYSIS
  • 25801 S Hollygreen Drive Sun Lakes, AZ 2
    • 2 beds 2 baths ∙ 1,540 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,540 Sqft ∙ Built 1993
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,580
    • $1.03
    •  
  • 10434 E Spring Creek Road Sun Lakes, AZ 1
    • 2 beds 2 baths ∙ 1,545 Sqft ∙ Built 1984 2 beds 2 baths ∙ 1,545 Sqft ∙ Built 1984
    property image
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.97
    •  
  • 10526 E Voax Drive Sun Lakes, AZ 3
    • 2 beds 2 baths ∙ 1,540 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,540 Sqft ∙ Built 1991
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.14
    •  
  • 10238 E Minnesota Avenue Sun Lakes, AZ 4
    • 2 beds 2 baths ∙ 1,558 Sqft ∙ Built 1985 2 beds 2 baths ∙ 1,558 Sqft ∙ Built 1985
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.15
    •  
  • 9841 E Gemini Place Sun Lakes, AZ 5
    • 2 beds 2 baths ∙ 1,624 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,624 Sqft ∙ Built 2006
    property image
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.11
    •  
PROPERTY LISTING DETAILS
Sandy Thompson
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6165400
Last Updated: 12/04/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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