Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
INVESTimate
$269,900
List Price
$77,274
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2012
- Price/Sqft : $193.62
- 1 Days on Market
- MLS # : 6120482
- Updated Date : 08/25/2020 at 19:44
CONSTRUCTION
- Beds : 2
- Floor Size : 1,394 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
FURNISHED TRIUMPH model with lots of upgrades. Crown molding, expanded kitchen cabinets, courtyard, expanded patio. Cool deck on patios and epoxy on garage floor.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Sun City Festival
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Festival
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,480 |
EXPENSES | Loan Payment | -$996 |
Property Tax | -$264 | |
Property Insurance | -$54 | |
HOA | -$145 | |
Property Management Fees | -$99 | |
CASH FLOW
-$78
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$269,900
PROJECTED PRICE
$1,480
PROJECTED RENT
0.55%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.17% |
Appreciation Year (1-5) | 3.35% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.60% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$77,274
LOAN DETAILS
$996
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $67,475 |
Loan Amount | $202,425 |
3.42
YEARS SAVED
$9,314
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,480
LIST RENT -
$1.06
LIST RENT PER SQFT
-
$1,481
COMP ESTIMATED VALUE -
$1.06
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6120482
Last Updated: 08/25/2020

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.