Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

9531 W Debbie Lane Arizona City, AZ 85123

3 Beds 2 Baths 1,710 sqft Built 1988

$282,150

List Price

$970

$873 - $1.1K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $165.00
  • 27 Days on Market
  • MLS # : 6171519
  • Updated Date : 12/29/2020 at 11:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,710 sqft
  • Baths : 2 full
Listing Agent

Hawkins & Associates Realty, Inc.

Listing Agent's Description

HERE'S YOUR CHANCE! To own a beautiful home located near the AZ City golf course. Step inside to a open flrplan w/ huge living room which incls a gorgeous stone fireplace & formal dining area. Upgraded kitchen incls granite counters, upgraded faucet, ceramic top stove, built in micro + refrigerator. Split BR plan w/ master having a separate entrance to the Arizona Room, upgraded mba w/new ceramic wood look flooring, new vanity & shower plus a walk-in closet. Ceramic tile flooring in other 2 bedrooms, wood laminate in the rest of home except MBR has carpet. Beautiful pavers frt. & extensive back patios, walk ways. Exceptionally landscaped back yard plus an 8 person Cantabria Cool Zone Spa.. Add newer roof, gutters, 2 HVAC heat pumps, waterfalls, 240 outlet garage, new driveway, NO HOA!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 85123

ZipNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $74k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 85123

ZipNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7011567

* 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
Toltec Middle School Primary Regular 428 29 3
Toltec Middle School Middle Regular 428 29 3
Vista Grande High Regular 1,907 68 3

Toltec Middle School

  • Education Level: Primary
  • # of students: 428
  • # of teachers: 29
3
GreatSchools Rating

Toltec Middle School

  • Education Level: Middle
  • # of students: 428
  • # of teachers: 29
3
GreatSchools Rating

Vista Grande

  • Education Level: High
  • # of students: 1,907
  • # of teachers: 68
3
GreatSchools Rating
 

$253,935$310,365$282,150

PURCHASE PRICE

$873$1,067$970

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $970
EXPENSES Loan Payment -$980
Property Tax -$165
Property Insurance -$61
Property Management Fees -$99
CASH FLOW
-$335

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.

$282,150

PROJECTED PRICE

$970

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 11.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k

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$80,520

INVESTMENT

$80,520

Down Payment
$70,538
Rehab Estimate
$5,750
Closing Costs
$4,232

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$980

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $70,538
Loan Amount $211,613
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$395

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
  • $1,055

    COMP ESTIMATED VALUE
  • $0.62

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$7993$8954$925
$925
RENT COMPS ANALYSIS
  • 9531 W Debbie Lane Arizona City, AZ 1
    • 3 beds 2 baths ∙ 1,710 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,710 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13211 S Kin Circle #a Arizona City, AZ 2
    • 3 beds 3 baths ∙ 1,422 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,422 Sqft ∙ Built 2005
    LEASED 08/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $799
    • $0.56
    •  
  • 9072 W Oneida Drive Arizona City, AZ 3
    • 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2001
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $895
    • $0.65
    •  
  • 8569 W Raven Drive Arizona City, AZ 4
    • 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 2005
    LEASED 10/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $925
    • $0.64
    •  
PROPERTY LISTING DETAILS
Karen E. Rock
Hawkins & Associates Realty, Inc.
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6171519
Last Updated: 12/29/2020
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.

BESbswy