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9225 E Coopers Hawk Drive Sun Lakes, AZ 85248

3 Beds 2 Baths 2,123 sqft Built 1997

$415,000

List Price

$1,970

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $195.48
  • 2 Days on Market
  • MLS # : 6177289
  • Updated Date : 01/09/2021 at 20:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,123 sqft
  • Baths : 2 full
Listing Agent

Infinity & Associates Real Estate

Listing Agent's Description

Beautiful 3 bed/ 2 bath home with a south-facing extended patio in the highly desirable community of Oakwood at Sun Lakes. This large north/south lot sides to a greenbelt on the east and has no homes behind it. Neutral tile, carpet and paint throughout. Kitchen with granite counters, ample cabinet space, SS appliances, pull-out shelving and desk area off breakfast nook. Most recent upgrades include new RO System, Trane HVAC, exterior paint & water heater. Master bedroom with sliding door to back patio. Secondary bedroom with window seat and walk-in closet. Large laundry room off garage with additional cabinet and counter space. Garage has entrance to side yard, wet sink, and garage cabinets. Natural Gas heater, water heater, and stub at range for option of gas stove.

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
 

$373,500$456,500$415,000

PURCHASE PRICE

$1,773$2,167$1,970

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,970
EXPENSES Loan Payment -$1,441
Property Tax -$283
Property Insurance -$69
HOA -$15
Property Management Fees -$99
CASH FLOW
$63

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.

$415,000

PROJECTED PRICE

$1,970

PROJECTED RENT

0.47%

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$1.4M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

6.08

YEARS SAVED

$28,512

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,970

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,815

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5953$1,8804$1,9705$2,050
$2,050
RENT COMPS ANALYSIS
  • 9225 E Coopers Hawk Drive Sun Lakes, AZ 4
    • 3 beds 2 baths ∙ 2,123 Sqft ∙ Built 1997 3 beds 2 baths ∙ 2,123 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $1,970
    • $0.93
    •  
  • 8837 E Fairway Boulevard Sun Lakes, AZ 1
    • 3 beds 2 baths ∙ 1,928 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,928 Sqft ∙ Built 1979
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.78
    •  
  • 26622 S New Town Drive Sun Lakes, AZ 2
    • 3 beds 2 baths ∙ 1,823 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,823 Sqft ∙ Built 1984
    LEASED 10/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.87
    •  
  • 9502 E Rocky Lake Drive Sun Lakes, AZ 3
    • 3 beds 3 baths ∙ 2,350 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,350 Sqft ∙ Built 1995
    LEASED 09/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,880
    • $0.80
    •  
  • 24427 S Rocky Brook Drive Sun Lakes, AZ 5
    • 3 beds 2 baths ∙ 2,123 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,123 Sqft ∙ Built 2002
    LEASED 12/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.97
    •  
PROPERTY LISTING DETAILS
William Ryan
Infinity & Associates Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6177289
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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