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INVESTimate
$459,000
List Price
$123,635
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2019
- Price/Sqft : $188.35
- 2 Days on Market
- MLS # : 6122370
- Updated Date : 08/25/2020 at 16:58
CONSTRUCTION
- Beds : 2
- Floor Size : 2,437 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Arizona Realty
Listing Agent's Description
This model-sharp, better-than-new Endeavor Floor Plan offers 2 bedrooms + den with sliding French Doors & 2.5 baths in 2437 SqFt with an open Great Room floor plan and Formal Dining/flex room with tray ceiling. The Gourmet Kitchen features highly upgraded Encanto Maple staggered cabinetry in a Mocha finish, granite countertops and sink, upgraded tile backsplash, 5-top gas cooktop with safety-Doff, stainless appliances, walk-in pantry, island with breakfast bar & spacious casual dining area. The great room has built-in niches for A/V components and decorative objects and the sliding doors lead out to the travertine patio with ceiling fan and gas stub for your BBQ. The professionally designed low maintenance backyard leaves you more time to enjoy the fabulous community amenities including a*
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PRICE & RENT TRENDS
Neighborhood: Sun City Festival
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Festival
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,100 |
EXPENSES | Loan Payment | -$1,694 |
Property Tax | -$361 | |
Property Insurance | -$75 | |
HOA | -$145 | |
Property Management Fees | -$99 | |
CASH FLOW
-$273
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$459,000
PROJECTED PRICE
$2,100
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 3.35% |
Maintenance Year (1-5) | 3.00% |
Vacancy | 6.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$123,635
LOAN DETAILS
$1,694
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $114,750 |
Loan Amount | $344,250 |
2.25
YEARS SAVED
$8,565
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
-
$2,096
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Keller Williams Arizona Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122370
Last Updated: 08/25/2020

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.