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13308 W Acapulco Lane Surprise, AZ 85379

4 Beds 2 Baths 1,735 sqft Built 2000

$289,900

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $167.09
  • 3 Days on Market
  • MLS # : 6162877
  • Updated Date : 11/21/2020 at 10:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,735 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

Gorgeous 4 bedroom 2 bath home on a cul de sac. Very well taken care of home with new landscaping in the backyard to include grass, gravel, pavers and a fire pit. Newer blinds throughout. Recent tile installed in guest bath and laundry room. Newly painted bathroom cabinets. Great floor plan with an open kitchen to the family room. Good size master bedroom with a walk in closet and separate shower and tub. Epoxy coating in the garage with a rack for storage. This home is a must see and won't last.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Roseview

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $89k271k

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

Neighborhood: Roseview

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8781567

* 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
 

$260,910$318,890$289,900

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$1,070
Property Tax -$178
Property Insurance -$61
HOA -$12
Property Management Fees -$99
CASH FLOW
$31

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.

$289,900

PROJECTED PRICE

$1,450

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.4%
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

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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,070

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

6.33

YEARS SAVED

$24,640

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,514

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3953$1,4504$1,5755$1,685
$1,685
RENT COMPS ANALYSIS
  • 13308 W Acapulco Lane Surprise, AZ 1
    • 4 beds 2 baths ∙ 1,735 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,735 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13242 W Port Royale Lane Surprise, AZ 2
    • 3 beds 2 baths ∙ 1,600 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,600 Sqft ∙ Built 2000
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.87
    •  
  • 15493 N 136th Lane Surprise, AZ 3
    • 4 beds 2 baths ∙ 1,657 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,657 Sqft ∙ Built 1998
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.88
    •  
  • 13327 W Acapulco Lane Surprise, AZ 4
    • 3 beds 2 baths ∙ 1,818 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,818 Sqft ∙ Built 2000
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.87
    •  
  • 13123 W Gelding Circle Surprise, AZ 5
    • 4 beds 3 baths ∙ 1,927 Sqft ∙ Built 2000 4 beds 3 baths ∙ 1,927 Sqft ∙ Built 2000
    LEASED 12/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,685
    • $0.87
    •  
PROPERTY LISTING DETAILS
Ginny Solis-wright
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162877
Last Updated: 11/21/2020
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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