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

14335 W Via Del Oro Street Surprise, AZ 85379

3 Beds 3 Baths 2,705 sqft Built 2017

$465,000

List Price

$1,850

$1.7K - $2K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $171.90
  • 3 Days on Market
  • MLS # : 6182760
  • Updated Date : 01/23/2021 at 16:23
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,705 sqft
  • Baths : 2 full , 1 half
Listing Agent

Launch Real Estate

Listing Agent's Description

Rare opportunity to own such a unique and contemporary design situated in one of the West Valley's most desirable communities, Marley Park. 2017 build with over $100,000 in initial upgrades. The open concept floor plan is highlighted by the white gourmet kitchen with gas range. 8' ft doors, porcelain tile flooring throughout main foyer into living area, hard wood floors in bedrooms, folding glass patio doors that blend the indoor space with the custom lush landscape in backyard, and many more upgrades to list. Large den could be easily converted to a 4th bedroom. Marley Park also provides lush, green tree lined streets, 20 Themed Parks, Heritage Club Center & 2 Community Pools! Home is ''Energy Star'' for remarkable comfort, energy efficiency and environmental sustainability!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Surprise

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Surprise

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001050110011501200125013001350140014501500155016001650Rent in $9791673

* 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
Luke Elementary School Primary Regular 691 38 3
Luke Elementary School Middle Regular 691 38 3
Dysart High School High Regular 1,604 73 3

Luke Elementary School

  • Education Level: Primary
  • # of students: 691
  • # of teachers: 38
3
GreatSchools Rating

Luke Elementary School

  • Education Level: Middle
  • # of students: 691
  • # of teachers: 38
3
GreatSchools Rating

Dysart High School

  • Education Level: High
  • # of students: 1,604
  • # of teachers: 73
3
GreatSchools Rating
 

$418,500$511,500$465,000

PURCHASE PRICE

$1,665$2,035$1,850

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,850
EXPENSES Loan Payment -$1,615
Property Tax -$405
Property Insurance -$80
HOA -$117
Property Management Fees -$99
CASH FLOW
-$466

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.

$465,000

PROJECTED PRICE

$1,850

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.1%
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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$8.0k-$6.0k-$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$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$128,975

INVESTMENT

$128,975

Down Payment
$116,250
Rehab Estimate
$5,750
Closing Costs
$6,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,615

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $116,250
Loan Amount $348,750
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$1,228

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,850

    LIST RENT
  • $0.68

    LIST RENT PER SQFT
  • $1,887

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6953$1,8504$1,8955$2,095
$2,095
RENT COMPS ANALYSIS
  • 14335 W Via Del Oro Street Surprise, AZ 3
    • 3 beds 3 baths ∙ 2,705 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,705 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.68
    •  
  • 14105 W Dahlia Drive Surprise, AZ 1
    • 3 beds 3 baths ∙ 2,612 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,612 Sqft ∙ Built 2005
    LEASED 05/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.61
    •  
  • 14151 W Calavar Road Surprise, AZ 2
    • 4 beds 3 baths ∙ 2,530 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,530 Sqft ∙ Built 2005
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.67
    •  
  • 15013 W Cortez Street Surprise, AZ 4
    • 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 2004
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.74
    •  
  • 14766 W Larkspur Drive Surprise, AZ 5
    • 4 beds 3 baths ∙ 2,706 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,706 Sqft ∙ Built 2003
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.77
    •  
PROPERTY LISTING DETAILS
David Cooney
Launch Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6182760
Last Updated: 01/23/2021
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