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14555 W Yucatan Street Surprise, AZ 85379

4 Beds 4 Baths 5,167 sqft Built 2005

$699,900

List Price

$3,330

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $135.46
  • 4 Days on Market
  • MLS # : 6169212
  • Updated Date : 01/08/2021 at 19:44
CONSTRUCTION
  • Beds : 4
  • Floor Size : 5,167 sqft
  • Baths : 3 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

REMODELED HOME FOR SALE IN BEAUTIFUL MOUNTAIN GATE COMMUNITY. FLOORING, PAINT INSIDE AND OUT. STAINLESS STEEL APPLIANCES WERE UPDATED LAST YEAR. THIS 5167SQFT HOME IS ON ONE ACRE LOT. BEAUTIFUL HUGE MASTER SUITE IS ON THE GROUND FLOOR. MASTER BATH WITH A JETTED BATHTUB, REMOLDED STANDING SHOWER. WET BAR IS ALSO ON THE GROUND FLOOR. 3B2B,THEATER ROOM AND HUGE LOFT ARE ON THE SECOND FLOOR.KITCHEN FEATURES A CENTER ISLAND, BREAKFAST BAR,GRANITE COUNTER TOPS,STAINLESS STEEL STOVE,DOUBLE OVEN AND DISHWASHER.THREE CAR GARAGE,RV GATE AND CIRCULAR DRIVE WAY. THIS LUXURY HOME HAS TOO MUCH TO LIST. COME SEE YOUR GORGEOUS HOME.

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PRICE & RENT TRENDS

Neighborhood: Mountain Gate

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360k380k400k420kPrice in $120k428k

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

Neighborhood: Mountain Gate

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9792027

* 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
 

$629,910$769,890$699,900

PURCHASE PRICE

$2,997$3,663$3,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,330
EXPENSES Loan Payment -$2,431
Property Tax -$429
Property Insurance -$128
HOA -$98
Property Management Fees -$99
CASH FLOW
$145

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.

$699,900

PROJECTED PRICE

$3,330

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$191,224

INVESTMENT

$191,224

Down Payment
$174,975
Rehab Estimate
$5,750
Closing Costs
$10,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,431

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $174,975
Loan Amount $524,925
See What Happens When You Reinvest Cash Flow

6.25

YEARS SAVED

$51,121

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,330

    LIST RENT
  • $0.64

    LIST RENT PER SQFT
  • $3,514

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$3,330
1$3,3302$3,500
$3,500
RENT COMPS ANALYSIS
  • 14555 W Yucatan Street Surprise, AZ 1
    • 4 beds 4 baths ∙ 5,167 Sqft ∙ Built 2005 4 beds 4 baths ∙ 5,167 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $3,330
    • $0.64
    •  
  • 14591 W Becker Lane Surprise, AZ 2
    • 4 beds 4 baths ∙ 5,167 Sqft ∙ Built 2004 4 beds 4 baths ∙ 5,167 Sqft ∙ Built 2004
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.68
    •  
PROPERTY LISTING DETAILS
Kiranjot Singh
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6169212
Last Updated: 01/08/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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