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11660 W Yucca Court Surprise, AZ 85378

3 Beds 2 Baths 1,659 sqft Built 1994

$314,900

List Price

$1,300

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

November 15, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $189.81
  • 1 Days on Market
  • MLS # : 6160812
  • Updated Date : 11/14/2020 at 21:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,659 sqft
  • Baths : 2 full
Listing Agent

Century 21 Northwest

Listing Agent's Description

Amazing opportunity to own this 3bed/2bath Coyote Lakes Golf Community home on a golf course cul-de-sac lot with golf course and lake views. Great curb appeal leads you into the light and bright interior featuring soaring vaulted ceilings, travertine flooring, formal living/dining and a spacious fluid floor plan. Kitchen is open to family room and boasts granite counter tops, sleek black appliances and a center island. Lovely master with a bay window and plantation shutters and en suite with soaking tub and separate glass block shower. Step out to your extended length covered back patio to your own private oasis. Complete with sparkling pool and jaw dropping views. Perfect for entertaining! Don't miss out. See it today and make it yours! Furnishings available on separate bill of sale.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Coyote Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k276k

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

Neighborhood: Coyote Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9721567

* 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
 

$283,410$346,390$314,900

PURCHASE PRICE

$1,170$1,430$1,300

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,300
EXPENSES Loan Payment -$1,162
Property Tax -$198
Property Insurance -$60
HOA -$10
Property Management Fees -$99
CASH FLOW
-$228

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.

$314,900

PROJECTED PRICE

$1,300

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.6%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,199

INVESTMENT

$89,199

Down Payment
$78,725
Rehab Estimate
$5,750
Closing Costs
$4,724

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,162

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $78,725
Loan Amount $236,175
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$6,027

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,300

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,472

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,3993$1,4504$1,5005$1,550
$1,550
RENT COMPS ANALYSIS
  • 11660 W Yucca Court Surprise, AZ 1
    • 3 beds 2 baths ∙ 1,659 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,659 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.78
    •  
  • 17590 N 114th Lane Surprise, AZ 2
    • 3 beds 3 baths ∙ 1,737 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,737 Sqft ∙ Built 2007
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $0.81
    •  
  • 18103 N 113th Avenue Surprise, AZ 3
    • 4 beds 2 baths ∙ 1,536 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,536 Sqft ∙ Built 2000
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
  • 17638 N 114th Lane Surprise, AZ 4
    • 3 beds 3 baths ∙ 1,847 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,847 Sqft ∙ Built 2008
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.81
    •  
  • 11431 W St. John Road Surprise, AZ 5
    • 3 beds 3 baths ∙ 1,560 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,560 Sqft ∙ Built 2006
    LEASED 08/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.99
    •  
PROPERTY LISTING DETAILS
Matthew M Woods
Century 21 Northwest
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6160812
Last Updated: 11/14/2020
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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