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14521 W Zuni Trail Surprise, AZ 85374

2 Beds 2 Baths 1,301 sqft Built 1993

$245,000

List Price

$1,360

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $188.32
  • 4 Days on Market
  • MLS # : 6186693
  • Updated Date : 01/30/2021 at 00:27
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,301 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Very charming and well maintained 2- bedroom, 2-bath home available in highly sought after Sun Village. You will love living in this amazing active adult golf community with superb amenities including a pool and spa, clubhouse, workout facility, tennis, and so much more. The home has an Arizona room with large closet. This fully tiled space can be anything from an office to a craft room and everything in between. Just use your imagination! Garage has built-in cabinets for storage. Nice, south facing back yard with covered patio. One of the best things is the HVAC unit has been located away from the house to keep it quiet! Very convenient location near the golf club and just minutes from Surprise Community Park and Surprise Towne Center. See it and make it yours today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Zuni Village

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $104k271k

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

Neighborhood: Zuni Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9081567

* 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
Willow Canyon High School High Regular 2,084 83 3

Willow Canyon High School

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

$220,500$269,500$245,000

PURCHASE PRICE

$1,224$1,496$1,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,360
EXPENSES Loan Payment -$851
Property Tax -$163
Property Insurance -$53
HOA -$271
Property Management Fees -$99
CASH FLOW
-$77

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.

$245,000

PROJECTED PRICE

$1,360

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.6%
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$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$70,675

INVESTMENT

$70,675

Down Payment
$61,250
Rehab Estimate
$5,750
Closing Costs
$3,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$851

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $61,250
Loan Amount $183,750
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$6,507

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,360

    LIST RENT
  • $1.05

    LIST RENT PER SQFT
  • $1,451

    COMP ESTIMATED VALUE
  • $1.12

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,3603$1,4004$1,4255$1,650
$1,650
RENT COMPS ANALYSIS
  • 14521 W Zuni Trail Surprise, AZ 2
    • 2 beds 2 baths ∙ 1,301 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,301 Sqft ∙ Built 1993
    • Rent
    • Rent Per SQFT
    •  
    • $1,360
    • $1.05
    •  
  • 17201 N Larkspur Lane Surprise, AZ 1
    • 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
    •  
  • 17919 N Reno Avenue Surprise, AZ 3
    • 2 beds 2 baths ∙ 1,187 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,187 Sqft ∙ Built 1998
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.18
    •  
  • 17811 N 136th Court Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986 2 beds 2 baths ∙ 1,388 Sqft ∙ Built 1986
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $1.03
    •  
  • 14637 W Bison Path Surprise, AZ 5
    • 2 beds 2 baths ∙ 1,500 Sqft ∙ Built 1991 2 beds 2 baths ∙ 1,500 Sqft ∙ Built 1991
    LEASED 01/16/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.10
    •  
PROPERTY LISTING DETAILS
John Whalen
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186693
Last Updated: 01/30/2021
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.

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