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9932 W La Jolla Circle S Sun City, AZ 85351

2 Beds 2 Baths 1,270 sqft Built 1964

$204,900

List Price

$1,230

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

February 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $161.34
  • 6 Days on Market
  • MLS # : 6188714
  • Updated Date : 02/05/2021 at 17:49
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,270 sqft
  • Baths : 1 full , 1 half
Listing Agent

Firerock Realty, Llc

Listing Agent's Description

Welcome to Sun City. Adult Community 55+. Corner lot with Golf Course view across street. H14 Expanded open Great room concept. Block construction with large one car carport. Covered front entry porch. Recently installed upgraded scratch resilient wood plank flooring. Large Laundry room / workshop. Orange and Grapefruit citrus trees. Great location / easy access to shopping.

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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$184,410$225,390$204,900

PURCHASE PRICE

$1,107$1,353$1,230

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,230
EXPENSES Loan Payment -$712
Property Tax -$112
Property Insurance -$52
HOA -$3
Property Management Fees -$99
CASH FLOW
$252

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.

$204,900

PROJECTED PRICE

$1,230

PROJECTED RENT

0.60%

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

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$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$60,049

INVESTMENT

$60,049

Down Payment
$51,225
Rehab Estimate
$5,750
Closing Costs
$3,074

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$712

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $51,225
Loan Amount $153,675
See What Happens When You Reinvest Cash Flow

11.75

YEARS SAVED

$37,553

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,230

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,165

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,2303$1,2504$1,3505$1,350
$1,350
RENT COMPS ANALYSIS
  • 9932 W La Jolla Circle S Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,270 Sqft ∙ Built 1964 2 beds 2 baths ∙ 1,270 Sqft ∙ Built 1964
    • Rent
    • Rent Per SQFT
    •  
    • $1,230
    • $0.97
    •  
  • 10135 W Pebble Beach Drive Sun City, AZ 1
    • 2 beds 1 baths ∙ 1,228 Sqft ∙ Built 1962 2 beds 1 baths ∙ 1,228 Sqft ∙ Built 1962
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.90
    •  
  • 10007 W Lakeview Circle S Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,435 Sqft ∙ Built 1962 2 beds 2 baths ∙ 1,435 Sqft ∙ Built 1962
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.87
    •  
  • 10214 W Pinehurst Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,426 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,426 Sqft ∙ Built 1963
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.95
    •  
  • 11811 N Sun Valley Drive Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,420 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,420 Sqft ∙ Built 1978
    LEASED 01/28/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.95
    •  
PROPERTY LISTING DETAILS
Tom A Taranto
Firerock Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6188714
Last Updated: 02/05/2021
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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