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

13533 W Young Street Surprise, AZ 85374

3 Beds 2 Baths 1,419 sqft Built 1999

$274,000

List Price

$1,440

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

February 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $193.09
  • 5 Days on Market
  • MLS # : 6191470
  • Updated Date : 02/11/2021 at 19:37
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,419 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Beautiful home in the desirable Community of West Point Towne Center. Spacious great room floor plan w/upgrades throughout. Recently installed new flooring, newer washer/dryer, & HVAC. Center kitchen island, breakfast bar, SS appliances, walk-in pantry, & plenty of wood cabinets. The backyard boasts new pavers, covered patio, pendant lighting, & endless blue skies. Patio access from the kitchen & master en suite. Granite backyard counters & master walk-in shower. Security door & ring doorbell security. Take a tour today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Legacy and Heritage at West Point Town Center

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $105k271k

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

Neighborhood: Legacy and Heritage at West Point Town Center

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8981567

* 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
 

$246,600$301,400$274,000

PURCHASE PRICE

$1,296$1,584$1,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,440
EXPENSES Loan Payment -$952
Property Tax -$168
Property Insurance -$55
HOA -$18
Property Management Fees -$99
CASH FLOW
$148

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.

$274,000

PROJECTED PRICE

$1,440

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.3%
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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

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$78,360

INVESTMENT

$78,360

Down Payment
$68,500
Rehab Estimate
$5,750
Closing Costs
$4,110

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$952

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,500
Loan Amount $205,500
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$30,618

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
  • $1,437

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4503$1,4954$1,5055$1,525
$1,525
RENT COMPS ANALYSIS
  • 13533 W Young Street Surprise, AZ 1
    • 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13477 W Young Street Surprise, AZ 2
    • 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1999
    property image
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.02
    •  
  • 13496 W Canyon Creek Drive Surprise, AZ 3
    • 3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,543 Sqft ∙ Built 1999
    property image
    LEASED 06/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.97
    •  
  • 16050 N 135th Drive Surprise, AZ 4
    • 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,419 Sqft ∙ Built 1998
    property image
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,505
    • $1.06
    •  
  • 13544 W Canyon Creek Drive Surprise, AZ 5
    • 3 beds 2 baths ∙ 1,519 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,519 Sqft ∙ Built 1998
    property image
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $1.00
    •  
PROPERTY LISTING DETAILS
Angela Dansereau, Pllc
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6191470
Last Updated: 02/11/2021
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