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9701 W Oakstone Drive Sun City, AZ 85351

3 Beds 2 Baths 1,465 sqft Built 1971

$275,000

List Price

$1,430

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $187.71
  • 25 Days on Market
  • MLS # : 6150490
  • Updated Date : 11/13/2020 at 12:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,465 sqft
  • Baths : 2 full
Listing Agent

Valentino Moca

Listing Agent's Description

Beautiful renovated home in a peaceful neighborhood close to the 101 freeway, shopping centers, and also recreation centers! This amazing home is move in ready with newly updated stainless steel appliances, new laminate flooring throughout some of the house, and a freshly painted inside and outside the home! Bring your best offer for a fast response!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $80k271k

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

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8261567

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,287$1,573$1,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,430
EXPENSES Loan Payment -$1,015
Property Tax -$146
Property Insurance -$56
Property Management Fees -$99
CASH FLOW
$114

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$275,000

PROJECTED PRICE

$1,430

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,015

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

7.92

YEARS SAVED

$33,117

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,430

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,439

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,399
1$1,3992$1,4003$1,4304$1,5505$1,800
$1,800
RENT COMPS ANALYSIS
  • 9701 W Oakstone Drive Sun City, AZ 3
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $1,430
    • $0.98
    •  
  • 9126 W Maui Lane Peoria, AZ 1
    • 3 beds 2 baths ∙ 1,597 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,597 Sqft ∙ Built 1988
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $0.88
    •  
  • 14201 N 103rd Avenue Sun City, AZ 2
    • 3 beds 2 baths ∙ 1,608 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,608 Sqft ∙ Built 1970
    LEASED 08/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.87
    •  
  • 9450 W Rolling Hills Drive Sun City, AZ 4
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1972
    LEASED 09/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.06
    •  
  • 9120 W Lisbon Lane Peoria, AZ 5
    • 4 beds 2 baths ∙ 1,602 Sqft ∙ Built 1988 4 beds 2 baths ∙ 1,602 Sqft ∙ Built 1988
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.12
    •  
PROPERTY LISTING DETAILS
Valentino Moca
Valentino Moca
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6150490
Last Updated: 11/13/2020
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.

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