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

14061 W Windsong Trail Surprise, AZ 85374

2 Beds 2 Baths 1,231 sqft Built 1995

INVESTimate

$235,000

List Price

$1,310

$1,179 - $1,441

Rent Est.

$257,819  ( +9.71%)   1 YR EST. FORECAST

PROPERTY INFO

August 22, 2020 RECENTLY ADDED
FACTS
  • Built In 1995
  • Price/Sqft : $190.90
  • 5 Days on Market
  • MLS # : 6121380
  • Updated Date : 08/22/2020 at 14:55
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,231 sqft
  • Baths : 1 full , 1 half
Listing Agent

Frye Realty

Listing Agent's Description

Great Taos model patio home located in Pueblo Village in the adult community of Sun Village. The home has the desired north/south exposure and is located on a premium view lot overlooking the greenbelt area. The original owner of this unit has maintained and cared lovingly for this home. Split bedroom floor plan with the skylights to keep the home light and bright. Cabinets in the garage for the ''stuff'' we all seem to collect and a great home to call your sanctuary. The home was cleaned and sanitized and is move in ready.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pueblo Village

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k271k

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

Neighborhood: Pueblo Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400145015001550Rent in $8621567

* 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
Kingswood Elementary School Primary Regular 674 36 4
Kingswood Elementary School Middle Regular 674 36 4
Willow Canyon High School High Regular 2,084 83 3

Kingswood Elementary School

  • Education Level: Primary
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Kingswood Elementary School

  • Education Level: Middle
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Willow Canyon High School

  • Education Level: High
  • # of students: 2,084
  • # of teachers: 83
3
GreatSchools Rating
 

$211,500$258,500$235,000

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$867
Property Tax -$163
Property Insurance -$51
HOA -$236
Property Management Fees -$99
CASH FLOW
-$107

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$235,000

PROJECTED PRICE

$1,310

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.71%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,025

INVESTMENT

$68,025

Down Payment
$58,750
Rehab Estimate
$5,750
Closing Costs
$3,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$867

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,750
Loan Amount $176,250
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$5,823

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,310

    LIST RENT
  • $1.06

    LIST RENT PER SQFT
  • $1,397

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2503$1,3104$1,4005$1,750
$1,750
RENT COMPS ANALYSIS
  • 14061 W Windsong Trail Surprise, 3
    • 2 beds 2 baths ∙ 1,231 Sqft ∙ Built 1995 2 beds 2 baths ∙ 1,231 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $1.06
    •  
  • 13543 W Gemstone Drive Sun City West, 1
    • 2 beds 2 baths ∙ 1,046 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,046 Sqft ∙ Built 1986
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.15
    •  
  • 17201 N Larkspur Lane Surprise, 2
    • 2 beds 2 baths ∙ 1,090 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,090 Sqft ∙ Built 1997
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.15
    •  
  • 17811 N 136th Court Sun City West, 4
    • 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.01
    •  
  • 13945 W Santee Way Surprise, 5
    • 2 beds 2 baths ∙ 1,427 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,427 Sqft ∙ Built 1994
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.23
    •  
PROPERTY LISTING DETAILS
Vicki H. Frye
Frye Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6121380
Last Updated: 08/22/2020
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.

BESbswy