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

14897 W Cameron Drive Surprise, AZ 85379

4 Beds 3 Baths 2,568 sqft Built 2004

$529,900

List Price

$1,880

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $206.35
  • 4 Days on Market
  • MLS # : 6186720
  • Updated Date : 01/29/2021 at 06:25
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,568 sqft
  • Baths : 3 full
Listing Agent

Realty One Group

Listing Agent's Description

Exquisite home, Newport, 2x6 construction by Hacienda Builders. Welcoming entry to Living Room and Formal Dining Room with beautiful Chandeliers. Bright kitchen, upgraded cabinets, island, Corian counter tops, back splash, overlooking dinette. Cozy family room with entertainment center/fireplace, BOSS surround sound system throughout the home and patio, plus video for security. One bedroom & bath with walk-in shower downstairs. Master Suite with walk-out to an oversized balcony. Master bath , double sinks, separate tub & shower plus walk-in closet. Garage cabinets, RV gate. Spacious covered patio with lighting, disco light, mist system, rolled out shades plus TV. Beautifully landscaped front with Fountain and back with synthetic grass, Pool with new Pebble Tec, cool decking, BBQ & spa.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rancho Gabriela

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $108k271k

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

Neighborhood: Rancho Gabriela

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100010501100115012001250130013501400145015001550Rent in $9711567

* 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
Dysart High School High Regular 1,604 73 3

Dysart High School

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

$476,910$582,890$529,900

PURCHASE PRICE

$1,692$2,068$1,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,880
EXPENSES Loan Payment -$1,841
Property Tax -$325
Property Insurance -$77
HOA -$50
Property Management Fees -$99
CASH FLOW
-$512

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.

$529,900

PROJECTED PRICE

$1,880

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.9%
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$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$146,174

INVESTMENT

$146,174

Down Payment
$132,475
Rehab Estimate
$5,750
Closing Costs
$7,949

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,841

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $132,475
Loan Amount $397,425
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$2,462

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,880

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $1,881

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,8503$1,8804$1,8955$2,095
$2,095
RENT COMPS ANALYSIS
  • 14897 W Cameron Drive Surprise, AZ 3
    • 4 beds 3 baths ∙ 2,568 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,568 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,880
    • $0.73
    •  
  • 15368 W Yucatan Drive Surprise, AZ 1
    • 4 beds 3 baths ∙ 2,536 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,536 Sqft ∙ Built 2005
    LEASED 01/04/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.69
    •  
  • 15465 W Laurel Lane Surprise, AZ 2
    • 5 beds 3 baths ∙ 2,522 Sqft ∙ Built 2006 5 beds 3 baths ∙ 2,522 Sqft ∙ Built 2006
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.73
    •  
  • 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
Donna Laguna
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6186720
Last Updated: 01/29/2021
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