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9134 E Crystal Drive Sun Lakes, AZ 85248

2 Beds 3 Baths 1,595 sqft Built 1996

$398,000

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 24, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $249.53
  • 5 Days on Market
  • MLS # : 6198332
  • Updated Date : 02/24/2021 at 11:34
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,595 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Realty Sonoran

Listing Agent's Description

Looking for Move-In Ready & Low Maintenance? HERE IT IS! New A/C, water heater & Appliances in 2016! The GREAT ROOM w/ VAULTED CEILINGS, GAS FIREPLACE & Bay Window in the Dining Room opens to the Eat-In Kitchen w/ GRANITE Tile Counters, WHITE CABINETS, Pantry & Black Appliances w/ GAS STUB for the Stove. There are 2 MASTER SUITES w/ WALK-IN CLOSETS & an ADDITIONAL POWDER ROOM off of the Living Area too! SEPARATE LAUNDRY ROOM! PLANTATION SHUTTERS THROUGHOUT! The Corner Lot provides a HUGE BACKYARD w/ EXTENDED, NORTH-FACING PATIO on the Community Walking Path! AMAZING CHANDLER LOCATION & GREAT SUN LAKES AMENITIES like: golf, tennis, pickleball, pools, fitness center, clubs, social activities & restaurants!

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
Bogle Junior High School Middle Regular 1,225 56 8
Hamilton High School High Regular 3,740 190 8

Bogle Junior High School

  • Education Level: Middle
  • # of students: 1,225
  • # of teachers: 56
8
GreatSchools Rating

Hamilton High School

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

$358,200$437,800$398,000

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$1,382
Property Tax -$272
Property Insurance -$58
HOA -$30
Property Management Fees -$99
CASH FLOW
-$142

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.

$398,000

PROJECTED PRICE

$1,700

PROJECTED RENT

0.43%

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$1.2M

PROJECTED ANNUAL CASH FLOW

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

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$111,220

INVESTMENT

$111,220

Down Payment
$99,500
Rehab Estimate
$5,750
Closing Costs
$5,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,382

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $99,500
Loan Amount $298,500
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$11,780

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
  • $1,691

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,6504$1,7005$1,995
$1,995
RENT COMPS ANALYSIS
  • 9134 E Crystal Drive Sun Lakes, AZ 1
    • 2 beds 3 baths ∙ 1,595 Sqft ∙ Built 1996 2 beds 3 baths ∙ 1,595 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 24713 S Golfview Drive Sun Lakes, AZ 2
    • 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2004 2 beds 2 baths ∙ 1,566 Sqft ∙ Built 2004
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.02
    •  
  • 23821 S Harmony Way Sun Lakes, AZ 3
    • 2 beds 2 baths ∙ 1,508 Sqft ∙ Built 1999 2 beds 2 baths ∙ 1,508 Sqft ∙ Built 1999
    LEASED 08/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.09
    •  
  • 24827 S Lakestar Drive Sun Lakes, AZ 4
    • 2 beds 2 baths ∙ 1,676 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,676 Sqft ∙ Built 1998
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.01
    •  
  • 9776 E Tranquility Way Sun Lakes, AZ 5
    • 2 beds 2 baths ∙ 1,781 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,781 Sqft ∙ Built 1997
    LEASED 02/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.12
    •  
PROPERTY LISTING DETAILS
Charlotte Young
Keller Williams Realty Sonoran
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6198332
Last Updated: 02/24/2021
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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