Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

13746 W Summerstar Drive Sun City West, AZ 85375

3 Beds 2 Baths 2,528 sqft Built 1985

$420,000

List Price

$2,070

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $166.14
  • 2 Days on Market
  • MLS # : 6202026
  • Updated Date : 03/07/2021 at 03:07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,528 sqft
  • Baths : 2 full
Listing Agent

Long Realty West Valley

Listing Agent's Description

This Spacious San Simeon,on the Grandview GC 12th Green, awaits your inspirational personal design*A Lovely Screened Lanai overlooks the Fully Fenced Yard & Golf Course*Plantation Shutters grace all 3 Bedrooms*The Large Utility Room, w/Ample Storage, incl. a 1 year old Gray LG Washer & Dryer on Pedestals*The Kitchen includes all Appl. w/newer Bosch Dishwasher*The Living/Dining Area has Vaulted Ceilings*The Family Room incl. Built-In Cabinets & is near the Kitchen & Breakfast Rm w/Bay Window*The Master Ensuite is separated from the remaining 2 Bedrooms*The 2.5 Car Garage has Built-In Storage Cabinets & room for a Golf Cart*All Furniture/Furnishings that are currently in the house & Garage can stay for $1,000 on a separate Bill of Sale*Click on ''More'' to see the Feature List.

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
 

$378,000$462,000$420,000

PURCHASE PRICE

$1,863$2,277$2,070

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,070
EXPENSES Loan Payment -$1,459
Property Tax -$242
Property Insurance -$76
HOA -$41
Property Management Fees -$99
CASH FLOW
$153

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.

$420,000

PROJECTED PRICE

$2,070

PROJECTED RENT

0.49%

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$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$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$117,050

INVESTMENT

$117,050

Down Payment
$105,000
Rehab Estimate
$5,750
Closing Costs
$6,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,459

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $105,000
Loan Amount $315,000
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$39,702

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,070

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $1,744

    COMP ESTIMATED VALUE
  • $0.69

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5503$1,8504$1,8955$2,070
$2,070
RENT COMPS ANALYSIS
  • 13746 W Summerstar Drive Sun City West, AZ 5
    • 3 beds 2 baths ∙ 2,528 Sqft ∙ Built 1985 3 beds 2 baths ∙ 2,528 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $2,070
    • $0.82
    •  
  • 17631 N 131st Drive Sun City West, AZ 1
    • 3 beds 2 baths ∙ 2,355 Sqft ∙ Built 1979 3 beds 2 baths ∙ 2,355 Sqft ∙ Built 1979
    LEASED 01/22/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.64
    •  
  • 13448 W Gable Hill Drive Sun City West, AZ 2
    • 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
    •  
  • 16426 N 152nd Lane Surprise, AZ 3
    • 3 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.74
    •  
  • 15280 W Post Drive Surprise, AZ 4
    • 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2004
    LEASED 12/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.76
    •  
PROPERTY LISTING DETAILS
Cindy Kingery
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6202026
Last Updated: 03/07/2021
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.

BESbswy