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13408 W Cabrillo Drive Sun City West, AZ 85375

2 Beds 2 Baths 2,066 sqft Built 2004

$429,000

List Price

$2,130

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $207.65
  • 2 Days on Market
  • MLS # : 6181752
  • Updated Date : 01/16/2021 at 00:43
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,066 sqft
  • Baths : 2 full
Listing Agent

Homesmart

Listing Agent's Description

Highly desirable floor plan, the Encanto offers an open concept; great room, kitchen, dining; master split from guest & den. Situated near the fabulous amenities in Corte Bella Country Club, a 45+ Active Adult, guard-gated community, the home has beautiful curb appeal w/4' courtyard & covered front porch. Lovely foyer opens to spacious great room featuring custom, lighted media wall.Formal dining may be used as flex space as breakfast room accommodates a full-sized dining set.Kitchen has 6' center island & tons of storage.Large master bedroom w/walk-in closet.Master bath w/designer shower,dual vanities,private toilet room. Guest room adjacent to guest bath.New exterior paint 2020. New water heater and water softener 2019. Extended length garage w/b-i cabinets. Covered back patio.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Corte Bella Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $122k386k

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

Neighborhood: Corte Bella Country Club

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10182617

* 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
Zuni Hills Elementary School Primary Regular 849 40 7
Zuni Hills Elementary School Middle Regular 849 40 7
Liberty High School High Regular 2,141 93 6

Zuni Hills Elementary School

  • Education Level: Primary
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Zuni Hills Elementary School

  • Education Level: Middle
  • # of students: 849
  • # of teachers: 40
7
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,141
  • # of teachers: 93
6
GreatSchools Rating
 

$386,100$471,900$429,000

PURCHASE PRICE

$1,917$2,343$2,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,130
EXPENSES Loan Payment -$1,490
Property Tax -$394
Property Insurance -$67
HOA -$58
Property Management Fees -$99
CASH FLOW
$21

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.

$429,000

PROJECTED PRICE

$2,130

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$119,435

INVESTMENT

$119,435

Down Payment
$107,250
Rehab Estimate
$5,750
Closing Costs
$6,435

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,490

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $107,250
Loan Amount $321,750
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$23,703

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
  • $1,648

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5003$1,6004$1,6005$1,800
$1,800
RENT COMPS ANALYSIS
  • 13408 W Cabrillo Drive Sun City West, AZ 1
    • 2 beds 2 baths ∙ 2,066 Sqft ∙ Built 2004 2 beds 2 baths ∙ 2,066 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13722 W Nogales Drive Sun City West, AZ 2
    • 2 beds 2 baths ∙ 1,904 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,904 Sqft ∙ Built 2006
    LEASED 10/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.79
    •  
  • 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
    •  
  • 13283 W Micheltorena Court Sun City West, AZ 4
    • 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2007 2 beds 2 baths ∙ 2,095 Sqft ∙ Built 2007
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.76
    •  
  • 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
Jennifer Meehl
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6181752
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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