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13705 W Figueroa Drive Sun City West, AZ 85375

3 Beds 3 Baths 1,931 sqft Built 2006

$499,900

List Price

$1,850

$1.7K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $258.88
  • 3 Days on Market
  • MLS # : 6209462
  • Updated Date : 03/19/2021 at 17:18
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,931 sqft
  • Baths : 3 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

WOW! Come see this gorgeous single-level property in Corte Bella! Desirable Arcada floorplan w/ CASITA! This home boasts desert landscaping, beautiful courtyard, & 2 car garage. Interior features inviting great room, plantation shutters, NEW crown molding, recessed lighting, tile flooring in main areas, charming breakfast room, den, & big windows for lots of sunshine. Kitchen offers SS appliances, granite countertops, ample cabinetry, pantry & a breakfast bar. Master bedroom includes a sunny bay window, walk-in closet, bathroom w/ dual vanities, & step-in shower. Beautifully landscaped yard w/ a covered patio is the perfect place for relaxing afternoons.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Corte Bella Country Club Santa Barbara

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Corte Bella Country Club Santa Barbara

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9522168

* 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
Liberty High School High Regular 2,141 93 6
Liberty High School High Unknown NA

Liberty High School

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

Liberty High School

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

$449,910$549,890$499,900

PURCHASE PRICE

$1,665$2,035$1,850

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,850
EXPENSES Loan Payment -$1,736
Property Tax -$482
Property Insurance -$65
HOA -$58
Property Management Fees -$99
CASH FLOW
-$590

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.

$499,900

PROJECTED PRICE

$1,850

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.6%
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$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$138,224

INVESTMENT

$138,224

Down Payment
$124,975
Rehab Estimate
$5,750
Closing Costs
$7,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,736

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,975
Loan Amount $374,925
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$244

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,850

    LIST RENT
  • $0.96

    LIST RENT PER SQFT
  • $1,719

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,499
1$1,4992$1,4993$1,7954$1,8505$2,050
$2,050
RENT COMPS ANALYSIS
  • 13705 W Figueroa Drive Sun City West, AZ 4
    • 3 beds 3 baths ∙ 1,931 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,931 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.96
    •  
  • 14022 W Caballero Drive Sun City West, AZ 1
    • 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 1995
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.80
    •  
  • 21602 N 142nd Drive Sun City West, AZ 2
    • 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1989
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.81
    •  
  • 13341 W Yearling Road Peoria, AZ 3
    • 4 beds 2 baths ∙ 1,860 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,860 Sqft ∙ Built 2020
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.97
    •  
  • 13562 W Desert Moon Way Peoria, AZ 5
    • 3 beds 2 baths ∙ 2,092 Sqft ∙ Built 2017 3 beds 2 baths ∙ 2,092 Sqft ∙ Built 2017
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.98
    •  
PROPERTY LISTING DETAILS
Sherri Siebert
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209462
Last Updated: 03/19/2021
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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