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9942 W Desert Hills Drive Sun City, AZ 85351

2 Beds 1 Baths 1,134 sqft Built 1963

$209,995

List Price

$1,130

$1K - $1.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1963
  • Price/Sqft : $185.18
  • 3 Days on Market
  • MLS # : 6199717
  • Updated Date : 02/26/2021 at 18:38
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,134 sqft
  • Baths : 1 full
Listing Agent

Pivotal Real Estate Solutions, Llc

Listing Agent's Description

BEST DEAL IN SUN CITY!! Light, Bright, Fresh and Clean! LOWEST PRICED HOUSE IN THE NEIGHBORHOOD! HURRY HURRY HURRY, Freshly painted, New Carpet and MOVE IN READY!

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
 

$188,996$230,995$209,995

PURCHASE PRICE

$1,017$1,243$1,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,130
EXPENSES Loan Payment -$729
Property Tax -$112
Property Insurance -$49
HOA -$41
Property Management Fees -$99
CASH FLOW
$100

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.

$209,995

PROJECTED PRICE

$1,130

PROJECTED RENT

0.54%

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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$61,399

INVESTMENT

$61,399

Down Payment
$52,499
Rehab Estimate
$5,750
Closing Costs
$3,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$729

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $52,499
Loan Amount $157,496
See What Happens When You Reinvest Cash Flow

8

YEARS SAVED

$21,562

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,130

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,140

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,075
1$1,0752$1,1303$1,2504$1,2505$1,250
$1,250
RENT COMPS ANALYSIS
  • 9942 W Desert Hills Drive Sun City, AZ 2
    • 2 beds 1 baths ∙ 1,134 Sqft ∙ Built 1963 2 beds 1 baths ∙ 1,134 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $1,130
    • $1.00
    •  
  • 10212 W Desert Hills Drive Sun City, AZ 1
    • 2 beds 1 baths ∙ 1,134 Sqft ∙ Built 1963 2 beds 1 baths ∙ 1,134 Sqft ∙ Built 1963
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,075
    • $0.95
    •  
  • 10020 W Coggins Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1978
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.05
    •  
  • 10131 W Palmer Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,288 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,288 Sqft ∙ Built 1963
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.97
    •  
  • 10028 W Oakmont Drive Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,186 Sqft ∙ Built 1978
    LEASED 11/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.05
    •  
PROPERTY LISTING DETAILS
Byron Applegate
Pivotal Real Estate Solutions, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199717
Last Updated: 02/26/2021
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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