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13330 W Ballad Drive Sun City West, AZ 85375

2 Beds 2 Baths 2,020 sqft Built 1984

$329,900

List Price

$1,900

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

February 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $163.32
  • 4 Days on Market
  • MLS # : 6193041
  • Updated Date : 02/14/2021 at 00:16
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,020 sqft
  • Baths : 1 full , 1 half
Listing Agent

Ken Short Realty & Property Mgmnt

Listing Agent's Description

Beautiful Northern Sun City West home in an exclusive area! 2 spacious bedrooms, 1.75 baths, 2-car garage and 2,020 sq feet of generous living space! Huge living room, vaulted ceilings, plantation shutters, and large laundry room, The Kitchen has lovely granite counters, light maple cabinets, & S/S appliances. Features newer HVAC and roof! Entire property recently landscaped including pony walls and gates! Park-like inviting back yard great for entertaining! And that's not all: Keep it cool with only $127/mo solar pmt even in the summer and pmt reduces after 7 years! This home is located in an adult community (55+) in Sun City West with nearby Briarwood Country Club, Rec Centers and everything else! This is truly a beautiful home, make it yours today before POOF - it's gone!

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
Valley Vista High School High Regular 2,457 101 4
Valley Vista High School High Unknown NA

Valley Vista High School

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

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$296,910$362,890$329,900

PURCHASE PRICE

$1,710$2,090$1,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,900
EXPENSES Loan Payment -$1,146
Property Tax -$190
Property Insurance -$67
HOA -$41
Property Management Fees -$99
CASH FLOW
$358

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.

$329,900

PROJECTED PRICE

$1,900

PROJECTED RENT

0.58%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$93,174

INVESTMENT

$93,174

Down Payment
$82,475
Rehab Estimate
$5,750
Closing Costs
$4,949

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$1,146

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,475
Loan Amount $247,425
See What Happens When You Reinvest Cash Flow

11.25

YEARS SAVED

$56,274

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,722

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5003$1,6004$1,7255$1,800
$1,800
RENT COMPS ANALYSIS
  • 13330 W Ballad Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1984 2 beds 2 baths ∙ 2,020 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13318 W Broken Arrow Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,824 Sqft ∙ Built 1993
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.82
    •  
  • 13562 W Via Tercero Drive Sun City West, AZ 3
    • 2 beds 2 baths ∙ 2,046 Sqft ∙ Built 1995 2 beds 2 baths ∙ 2,046 Sqft ∙ Built 1995
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.78
    •  
  • 13731 W Caballero Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,825 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,825 Sqft ∙ Built 1994
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.95
    •  
  • 13722 W Elmbrook Drive Sun City West, AZ 5
    • 2 beds 2 baths ∙ 2,103 Sqft ∙ Built 1987 2 beds 2 baths ∙ 2,103 Sqft ∙ Built 1987
    LEASED 12/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.86
    •  
PROPERTY LISTING DETAILS
Kenneth Short
Ken Short Realty & Property Mgmnt
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193041
Last Updated: 02/14/2021
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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