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13902 W Springdale Drive Sun City West, AZ 85375

3 Beds 2 Baths 2,550 sqft Built 1987

$469,900

List Price

$1,980

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $184.27
  • 2 Days on Market
  • MLS # : 6207410
  • Updated Date : 03/20/2021 at 07:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,550 sqft
  • Baths : 2 full
Listing Agent

Exit Realty-realty Place

Listing Agent's Description

Welcome home to a beautifully updated San Simeon model. This home boasts spacious rooms, light and bright, perfect for entertaining all of your guests. Tile floors, vaulted ceilings, plantation shutters. The gourmet kitchen is gorgeous. It opens up to the great room with counter seating, recessed lighting, breakfast bar, granite counters and upgraded appliances. The master bedroom includes en-suite bathroom with dual sinks, master includes separate area for an office/den/sitting area, or work out space, plus a huge walk in/walk-in closet with custom built-ins. Generous additional bedrooms, guest bath has a walk-in tub! Outside is perfect for Arizona weather, includes covered patios and lighting, and backyard landscaping is easy care with timed drip system. Large extended 2.5 car garag

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
 

$422,910$516,890$469,900

PURCHASE PRICE

$1,782$2,178$1,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,980
EXPENSES Loan Payment -$1,632
Property Tax -$270
Property Insurance -$77
HOA -$41
Property Management Fees -$99
CASH FLOW
-$139

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.

$469,900

PROJECTED PRICE

$1,980

PROJECTED RENT

0.42%

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$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$130,274

INVESTMENT

$130,274

Down Payment
$117,475
Rehab Estimate
$5,750
Closing Costs
$7,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,632

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $117,475
Loan Amount $352,425
See What Happens When You Reinvest Cash Flow

4

YEARS SAVED

$17,452

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,980

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,862

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,9803$2,300
$2,300
RENT COMPS ANALYSIS
  • 13902 W Springdale Drive Sun City West, AZ 2
    • 3 beds 2 baths ∙ 2,550 Sqft ∙ Built 1987 3 beds 2 baths ∙ 2,550 Sqft ∙ Built 1987
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,980
    • $0.78
    •  
  • 13448 W Gable Hill Drive Sun City West, AZ 1
    • 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983 3 beds 2 baths ∙ 2,516 Sqft ∙ Built 1983
    property image
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.62
    •  
  • 23112 N Sol Mar Court Sun City West, AZ 3
    • 3 beds 3 baths ∙ 2,726 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,726 Sqft ∙ Built 2005
    property image
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.84
    •  
PROPERTY LISTING DETAILS
Deanna S Weaver
Exit Realty-realty Place
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6207410
Last Updated: 03/20/2021
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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