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13631 W Gardenview Drive Sun City West, AZ 85375

2 Beds 2 Baths 1,649 sqft Built 1986

INVESTimate

$270,000

List Price

$1,340

$1,206 - $1,474

Rent Est.

$290,493  ( +7.59%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 1986
  • Price/Sqft : $163.74
  • 3 Days on Market
  • MLS # : 6121936
  • Updated Date : 08/24/2020 at 13:58
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,649 sqft
  • Baths : 2 full
Listing Agent

Offerpad

Listing Agent's Description

VACANT!! Come see this single story home in Sun City West! This home offers a NEW ROOF, fresh interior paint, new luxury vinyl plank flooring and new carpet. Formal living room with vaulted ceilings and a family room at the back of the home. The eat in kitchen features ample cabinet and counter space and new stainless steel appliances. The primary bedroom has an ensuite bathroom with dual sinks and a walk in closet. The spacious laundry room has a sink and desk/work space with storage. Enjoy all the great amenities Sun City West has to offer, view today!

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
 

$243,000$297,000$270,000

PURCHASE PRICE

$1,206$1,474$1,340

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,340
EXPENSES Loan Payment -$996
Property Tax -$155
Property Insurance -$59
HOA -$40
Property Management Fees -$99
CASH FLOW
-$10

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.

$270,000

PROJECTED PRICE

$1,340

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.59%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,300

INVESTMENT

$77,300

Down Payment
$67,500
Rehab Estimate
$5,750
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,500
Loan Amount $202,500
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$18,817

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
  • $1,340

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,2994$1,3505$1,500
$1,500
RENT COMPS ANALYSIS
  • 13631 W Gardenview Drive Sun City West, 1
    • 2 beds 2 baths ∙ 1,649 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,649 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13207 W Jubilee Drive Sun City West, 2
    • 2 beds 2 baths ∙ 1,413 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,413 Sqft ∙ Built 1986
    property image
    LEASED 04/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.85
    •  
  • 18019 N 132nd Avenue Sun City West, 3
    • 2 beds 2 baths ∙ 1,739 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,739 Sqft ∙ Built 1979
    property image
    LEASED 04/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,299
    • $0.75
    •  
  • 18219 N 130th Avenue Sun City West, 4
    • 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,553 Sqft ∙ Built 1979
    property image
    LEASED 11/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.87
    •  
  • 17614 N Whispering Oaks Drive Sun City West, 5
    • 2 beds 2 baths ∙ 1,912 Sqft ∙ Built 1979 2 beds 2 baths ∙ 1,912 Sqft ∙ Built 1979
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.78
    •  
PROPERTY LISTING DETAILS
Derek Dickson
Offerpad
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6121936
Last Updated: 08/24/2020
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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