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9944 W Tarrytown Avenue Sun City, AZ 85351

2 Beds 1 Baths 1,149 sqft Built 1965

$220,000

List Price

$1,030

$927 - $1.1K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
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!

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
 

$198,000$242,000$220,000

PURCHASE PRICE

$927$1,133$1,030

RENT

DOWN PAYMENT
FINANCING

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

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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$64,050

INVESTMENT

$64,050

Down Payment
$55,000
Rehab Estimate
$5,750
Closing Costs
$3,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$764

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $55,000
Loan Amount $165,000
See What Happens When You Reinvest Cash Flow

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
$995
1$9952$9993$1,0304$1,1005$1,129
$1,129
RENT COMPS ANALYSIS
  • 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
Albert Kovac
Tempus West Valley Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187809
Last Updated: 01/31/2021
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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