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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $236.36
- 2 Days on Market
- MLS # : 6210091
- Updated Date : 03/20/2021 at 19:31
CONSTRUCTION
- Beds : 2
- Floor Size : 1,375 sqft
- Baths : 1 full , 1 half
Listing Agent
Arizona Buyers Realty
Listing Agent's Description
SUNNY Spanish Spirit Model FURNISHED Home w/ Private, SOUTH Facing WALLED Garden PARADISE on a Large Lot Awaits Your Enjoyment! Home is located in Close Proximity to the Sage Center, Indigo Grille & Copper Canyon Golf Course Club House. The Home Boasts Tile on the Diagonal Floors, Surround Sound Speakers in Great Rm & Covered Patio, Ceiling Fans Throughout Home including Patio and Extra Can Lights in Great Rm, Master Bedrm & Den. The Kitchen is Appointed w/ Granite Countertops, Staggered Cabinets, Top Pull-out Shelves in Lower Cabinets, SS Appliances & Reverse Osmosis. RELAX on your Extended Brick Paver Back Patio in a Large Walled Beautifully Landscaped Private Garden. Newer 2017 Irrigation & CFD Bond has been Paid. APS Owned Solar Panels pays you $30/mo. Don't Wait to See this Home.
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,390 |
| EXPENSES | Loan Payment | -$1,129 |
| Property Tax | -$319 | |
| Property Insurance | -$54 | |
| HOA | -$48 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$259
|
||
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.
$325,000
PROJECTED PRICE
$1,390
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 3.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$91,875
LOAN DETAILS
$1,129
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $81,250 |
| Loan Amount | $243,750 |
1.42
YEARS SAVED
$2,165
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,508
COMP ESTIMATED VALUE -
$1.1
COMP AVG. RENT PER SQFT
Comps Range
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LEASED 03/21/20- Rent
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- $1,250
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- 2 beds 2 baths ∙ 1,612 Sqft ∙ Built 2007 2 beds 2 baths ∙ 1,612 Sqft ∙ Built 2007
LEASED 05/07/20- Rent
- Rent Per SQFT
- $1,785
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PROPERTY LISTING DETAILS
Arizona Buyers Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6210091
Last Updated: 03/20/2021
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.
