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13146 W Saguaro Lane Surprise, AZ 85374

3 Beds 2 Baths 1,280 sqft Built 1998

$260,000

List Price

$1,320

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $203.13
  • 2 Days on Market
  • MLS # : 6170598
  • Updated Date : 12/12/2020 at 09:35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,280 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

This charming and cozy home is back on the market! You will fall in love with the nice living room that creates a welcoming atmosphere and the formal dining room boasting gorgeous windows that gives so much natural light. Marvelous kitchen provides maple cabinets, white appliances, and pantry. The laundry area is in kitchen for your convenience! Split master bedroom has a full bath with a large vanity and walk-in closet. Other great interior features are the vaulted ceilings that gives a large more open feel, the laminate flooring in the right places, and the custom paint through. Low maintenance backyard features covered patio with paver extended, a large dog run, and room to customize it. This beauty won't last! Set up a showing today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Dave Brown at West Point

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $107k271k

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

Neighborhood: Dave Brown at West Point

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9071567

* 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
West Point Elementary School Primary Regular 864 45 4
West Point Elementary School Middle Regular 864 45 4
Valley Vista High School High Regular 2,457 101 4

West Point Elementary School

  • Education Level: Primary
  • # of students: 864
  • # of teachers: 45
4
GreatSchools Rating

West Point Elementary School

  • Education Level: Middle
  • # of students: 864
  • # of teachers: 45
4
GreatSchools Rating

Valley Vista High School

  • Education Level: High
  • # of students: 2,457
  • # of teachers: 101
4
GreatSchools Rating
 

$234,000$286,000$260,000

PURCHASE PRICE

$1,188$1,452$1,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,320
EXPENSES Loan Payment -$959
Property Tax -$159
Property Insurance -$52
HOA -$18
Property Management Fees -$99
CASH FLOW
$32

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.

$260,000

PROJECTED PRICE

$1,320

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.5%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

6.42

YEARS SAVED

$22,482

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,320

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $1,309

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,245
1$1,2452$1,3003$1,3204$1,3275$1,400
$1,400
RENT COMPS ANALYSIS
  • 13146 W Saguaro Lane Surprise, AZ 3
    • 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $1,320
    • $1.03
    •  
  • 13147 W Saguaro Lane Surprise, AZ 1
    • 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998
    LEASED 12/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,245
    • $0.97
    •  
  • 13178 W Saguaro Lane Surprise, AZ 2
    • 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998
    LEASED 12/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.02
    •  
  • 14904 N 130th Lane El Mirage, AZ 4
    • 3 beds 2 baths ∙ 1,308 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,308 Sqft ∙ Built 2004
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,327
    • $1.01
    •  
  • 13364 W Ocotillo Lane Surprise, AZ 5
    • 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 1998
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.09
    •  
PROPERTY LISTING DETAILS
Lorene Mccave
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6170598
Last Updated: 12/12/2020
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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