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PROPERTY INFO
FACTS
- Single Family
- Built In 1964
- Price/Sqft : $158.55
- 6 Days on Market
- MLS # : 6171643
- Updated Date : 12/15/2020 at 16:51
CONSTRUCTION
- Beds : 3
- Floor Size : 1,766 sqft
- Baths : 2 full
Listing Agent
Hague Partners
Listing Agent's Description
Welcome home! This charming 3 bed, 2 bath home is filled with updates and feels warm and inviting. Nice open floorplan with no carpet! The light and bright custom kitchen boasts white cabinets, granite counters, wall oven, stainless appliances, walk-in pantry, and breakfast bar seating. Interior laundry with cabinets and sink. Relax in the large master suite complete with his/her closets and private bathroom with a beautifully tiled shower and updated fixtures. Huge, fully landscaped backyard has an extended covered patio and fruit trees. Bonus room with AC can be a great office, craft space, man-cave, or more! 2.5 car garage with cabinets and AC! Newer roof (2013) still under warranty. Leased solar. Great location within walking-distance to the golf course. Don't wait, take a look today!
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PRICE & RENT TRENDS
Neighborhood: Sun City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City
* 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.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,430 |
| EXPENSES | Loan Payment | -$1,033 |
| Property Tax | -$149 | |
| Property Insurance | -$62 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$46
|
||
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.
$280,000
PROJECTED PRICE
$1,430
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$79,950
LOAN DETAILS
$1,033
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $70,000 |
| Loan Amount | $210,000 |
6.5
YEARS SAVED
$25,327
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 -
$0.81
LIST RENT PER SQFT
-
$1,470
COMP ESTIMATED VALUE -
$0.83
COMP AVG. RENT PER SQFT
Comps Range
-
9932 W Edward Drive Sun City, AZ 4
- 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1964
- Rent
- Rent Per SQFT
- $1,430
- $0.81
-
10750 W Crosby Drive Sun City, AZ 1
- 3 beds 2 baths ∙ 1,473 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,473 Sqft ∙ Built 1961
LEASED 08/23/19- Rent
- Rent Per SQFT
- $1,195
- $0.81
-
10825 W Canterbury Drive Sun City, AZ 2
- 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1961
LEASED 01/04/20- Rent
- Rent Per SQFT
- $1,200
- $0.79
-
12214 N Thunderbird Road Sun City, AZ 3
- 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1960
LEASED 08/24/20- Rent
- Rent Per SQFT
- $1,425
- $0.88
-
11613 N 92nd Drive Peoria, AZ 5
- 4 beds 3 baths ∙ 1,760 Sqft ∙ Built 1973 4 beds 3 baths ∙ 1,760 Sqft ∙ Built 1973
LEASED 06/17/19- Rent
- Rent Per SQFT
- $1,500
- $0.85
PROPERTY LISTING DETAILS
Hague Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6171643
Last Updated: 12/15/2020
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.
