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13318 W Meeker Blvd -- Sun City West, AZ 85375

3 Beds 2 Baths 2,572 sqft Built 1981

$479,900

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $186.59
  • 3 Days on Market
  • MLS # : 6167868
  • Updated Date : 12/05/2020 at 10:51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,572 sqft
  • Baths : 2 full
Listing Agent

Long Realty West Valley

Listing Agent's Description

THE CLASSIC ELEGANCE OF THE EARLIER SERIES OF DEL WEBB LUXURY HOMES W/TASTEFUL UPGRADES T/O. GATED ENTRY OPENING TO PANORAMIC VIEWS OF BRIARWOODS #18 TEE, MULTIPLE FAIRWAYS AND LAKE VIEWS. WOOD-LOOK/TILE FLOORING IN MOST AREAS, FRENCH DOORS TO SECOND BEDROOM, ELEGANT MASTER SUITE W/GARDEN TUB/SHOWER, WALK-IN CLOSET. KITCHEN FEATURES REFINISHED CABINETS, PANTRY, QUARTZ COUNTERS AND VIEWS TO ''INSPIRE'' THE COOK. WARM AZ ROOM W/EXCELLENT STOREAGE FOR BOOKS AND MEDIA PRESENCE. UTILITY ROOM IS EXPANSIVE ENOUGH FOR CREATIVE ARTS AS WELL. PATIO IS TILED AND COVERED FOR PRIVACY AND LARGE GATHERINGS TO ENJOY THE BEAUTY OF BRIARWOOD GOLF COURSE. NEWER HVAC SYSTEM AND RECENT ROOF UNDERLAYMENT REPLACEMENT. THIS HOME IS READY TO ''MOVE IN'' THE MORNING..PLAY GOLF IN THE AFTERNOON.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sun City West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10132109

* 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
Thompson Ranch Elementary School Primary Regular 979 46 2
Thompson Ranch Elementary School Middle Regular 979 46 2
Valley Vista High School High Regular 2,457 101 4

Thompson Ranch Elementary School

  • Education Level: Primary
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Thompson Ranch Elementary School

  • Education Level: Middle
  • # of students: 979
  • # of teachers: 46
2
GreatSchools Rating

Valley Vista High School

  • Education Level: High
  • # of students: 2,457
  • # of teachers: 101
4
GreatSchools Rating
 

$431,910$527,890$479,900

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$1,771
Property Tax -$276
Property Insurance -$77
Property Management Fees -$99
CASH FLOW
-$613

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.

$479,900

PROJECTED PRICE

$1,610

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.6%
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$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$132,924

INVESTMENT

$132,924

Down Payment
$119,975
Rehab Estimate
$5,750
Closing Costs
$7,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,771

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $119,975
Loan Amount $359,925
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$646

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,610

    LIST RENT
  • $0.63

    LIST RENT PER SQFT
  • $1,595

    COMP ESTIMATED VALUE
  • $0.62

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,610
$1,610
RENT COMPS ANALYSIS
  • 13318 W Meeker Blvd -- Sun City West, AZ 2
    • 3 beds 2 baths ∙ 2,572 Sqft ∙ Built 1981 3 beds 2 baths ∙ 2,572 Sqft ∙ Built 1981
    • Rent
    • Rent Per SQFT
    •  
    • $1,610
    • $0.63
    •  
  • 13448 W Gable Hill Drive Sun City West, AZ 1
    • 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.62
    •  
PROPERTY LISTING DETAILS
Bill Paulson
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6167868
Last Updated: 12/05/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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