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14586 W Port Au Prince Lane Surprise, AZ 85379

5 Beds 3 Baths 2,105 sqft Built 2007

$315,000

List Price

$1,670

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $149.64
  • 5 Days on Market
  • MLS # : 6205097
  • Updated Date : 03/11/2021 at 17:02
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,105 sqft
  • Baths : 3 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Marvelous property in a fantastic neighborhood! This 5 bed, 3 bath beauty has everything you're looking for! Starting with a great curb appeal & followed by a perfectly flowing layout inside, made for entertaining. Tile flooring, designer paint, and tons of natural light provided by the large sliding doors are some of the features you'll love! The kitchen includes stainless steel appliances, staggered cabinets w/crown molding, pantry, granite countertops, and an island. The master suite has a full bathroom with tub/shower combo, dual sinks, and a walk-in closet. The loft is perfect for a game area. Carpet in all bedrooms. In the backyard, you will find a cozy covered patio & a paver area to sit back & relax. A short walk to a common green area & close to the Royal Ranch Park. Don't miss it

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Royal Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $120k358k

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

Neighborhood: Royal Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9791981

* 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
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,503$1,837$1,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,670
EXPENSES Loan Payment -$1,094
Property Tax -$193
Property Insurance -$68
HOA -$69
Property Management Fees -$99
CASH FLOW
$147

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.

$315,000

PROJECTED PRICE

$1,670

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.6%
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$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$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,094

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$30,114

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
  • $1,773

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6953$1,7744$1,7955$1,895
$1,895
RENT COMPS ANALYSIS
  • 14586 W Port Au Prince Lane Surprise, AZ 1
    • 5 beds 3 baths ∙ 2,105 Sqft ∙ Built 2007 5 beds 3 baths ∙ 2,105 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 15146 N 145th Lane Surprise, AZ 2
    • 4 beds 3 baths ∙ 2,010 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,010 Sqft ∙ Built 2007
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.84
    •  
  • 14536 W Acapulco Lane Surprise, AZ 3
    • 4 beds 3 baths ∙ 2,177 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,177 Sqft ∙ Built 2006
    LEASED 03/02/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,774
    • $0.81
    •  
  • 14558 W Port Royale Lane Surprise, AZ 4
    • 4 beds 3 baths ∙ 2,177 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,177 Sqft ∙ Built 2007
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.82
    •  
  • 14587 W Acapulco Lane Surprise, AZ 5
    • 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,105 Sqft ∙ Built 2007
    LEASED 11/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.90
    •  
PROPERTY LISTING DETAILS
Zachary Sean Maciag
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6205097
Last Updated: 03/11/2021
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.

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