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PROPERTY INFO
FACTS
- Single Family
- Built In 1965
- Price/Sqft : $191.47
- 2 Days on Market
- MLS # : 6187809
- Updated Date : 01/31/2021 at 00:32
CONSTRUCTION
- Beds : 2
- Floor Size : 1,149 sqft
- Baths : 1 full
Listing Agent
Tempus West Valley Realty
Listing Agent's Description
CHARMING 2 BEDROOM, 1 BATH HOME IN SUN CITY! STRIKING CURB APPEAL, BLOCK CONSTRUCTION AND NATURAL GAS. 2 CAR GARAGE W/ CABINETS AND ROOM FOR A GOLF CART. INSIDE TILE AND HIGH END LAMINATE FLOORING. KITCHEN OPENED UP FOR THAT ''OPEN CONCEPT'' FEEL WITH ISLAND, TILE BACK SPLASH, CAN LIGHTS. TILED SCREENED PATIO OVERLOOKS LUSH, LANDSCAPED PRIVATE YARD WITH BLOCK PRIVACY WALL. N/S ORIENTATION, UPDATED VANITY IN BATH, CROWN MOULDING IN MASTER BEDROOM. HOME WARRANTY INCLUDED, BUYER MUST BE OWNER OCCUPANT!
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,030 |
| EXPENSES | Loan Payment | -$764 |
| Property Tax | -$117 | |
| Property Insurance | -$50 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$41
|
||
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.
$220,000
PROJECTED PRICE
$1,030
PROJECTED RENT
0.47%
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
$64,050
LOAN DETAILS
$764
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $55,000 |
| Loan Amount | $165,000 |
4.58
YEARS SAVED
$9,982
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,030
LIST RENT -
$0.9
LIST RENT PER SQFT
-
$1,152
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
9944 W Tarrytown Avenue Sun City, AZ 3
- 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1965 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1965
- Rent
- Rent Per SQFT
- $1,030
- $0.90
-
10013 N 97th Avenue #a Peoria, AZ 1
- 2 beds 2 baths ∙ 1,072 Sqft ∙ Built 1978 2 beds 2 baths ∙ 1,072 Sqft ∙ Built 1978
LEASED 04/15/20- Rent
- Rent Per SQFT
- $995
- $0.93
-
10016 W Tarrytown Avenue Sun City, AZ 2
- 2 beds 1 baths ∙ 972 Sqft ∙ Built 1965 2 beds 1 baths ∙ 972 Sqft ∙ Built 1965
LEASED 07/10/20- Rent
- Rent Per SQFT
- $999
- $1.03
-
10200 N 96th Avenue #b Peoria, AZ 4
- 2 beds 2 baths ∙ 1,025 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,025 Sqft ∙ Built 1973
LEASED 06/05/20- Rent
- Rent Per SQFT
- $1,100
- $1.07
-
10111 W Cumberland Drive Sun City, AZ 5
- 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1966 2 beds 1 baths ∙ 1,149 Sqft ∙ Built 1966
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,129
- $0.98
PROPERTY LISTING DETAILS
Tempus West Valley Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187809
Last Updated: 01/31/2021
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.
