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

14946 W Valentine Street Surprise, AZ 85379

3 Beds 3 Baths 1,985 sqft Built 2017

$360,000

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $181.36
  • 5 Days on Market
  • MLS # : 6166556
  • Updated Date : 12/02/2020 at 13:34
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,985 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

Do not miss out on this beautiful 3bed/2.5bath home tucked into highly desirable Marley Park with parks, clubhouse, 2-pools, splash pad, BBQ area, and fire pits. Gorgeous craftsman curb appeal leads you past the charming front porch and into the light and bright interior featuring a fluid open floor plan, plush carpet and wood look flooring. Kitchen boasts granite countertops, stainless steel appliances, tile backsplash dark cabinetry and a center island with breakfast bar. Perfect for gathering with friends and family. Spacious master bedroom with dual sinks and a luxurious tiled shower. Amazing opportunity! Schedule your private showing today.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Marley Park

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $120k358k

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

Neighborhood: Marley Park

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
Marley Park Elementary School Primary Regular 1,143 55 8
Marley Park Elementary School Middle Regular 1,143 55 8
Dysart High School High Regular 1,604 73 3

Marley Park Elementary School

  • Education Level: Primary
  • # of students: 1,143
  • # of teachers: 55
8
GreatSchools Rating

Marley Park Elementary School

  • Education Level: Middle
  • # of students: 1,143
  • # of teachers: 55
8
GreatSchools Rating

Dysart High School

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

$324,000$396,000$360,000

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$1,328
Property Tax -$313
Property Insurance -$66
HOA -$117
Property Management Fees -$99
CASH FLOW
-$394

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.

$360,000

PROJECTED PRICE

$1,530

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.4%
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-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$101,150

INVESTMENT

$101,150

Down Payment
$90,000
Rehab Estimate
$5,750
Closing Costs
$5,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,328

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $90,000
Loan Amount $270,000
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$746

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,538

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,530
1$1,5302$1,6003$1,6654$1,6755$1,695
$1,695
RENT COMPS ANALYSIS
  • 14946 W Valentine Street Surprise, AZ 1
    • 3 beds 3 baths ∙ 1,985 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,985 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.77
    •  
  • 12642 N 150th Lane Surprise, AZ 2
    • 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,165 Sqft ∙ Built 2004
    property image
    LEASED 10/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.74
    •  
  • 15047 W Windrose Drive Surprise, AZ 3
    • 3 beds 2 baths ∙ 2,166 Sqft ∙ Built 2003 3 beds 2 baths ∙ 2,166 Sqft ∙ Built 2003
    property image
    LEASED 02/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,665
    • $0.77
    •  
  • 14365 W Surrey Drive Surprise, AZ 4
    • 3 beds 2 baths ∙ 2,070 Sqft ∙ Built 2019 3 beds 2 baths ∙ 2,070 Sqft ∙ Built 2019
    property image
    LEASED 04/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.81
    •  
  • 15154 W Redfield Road Surprise, AZ 5
    • 3 beds 2 baths ∙ 2,172 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,172 Sqft ∙ Built 2004
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.78
    •  
PROPERTY LISTING DETAILS
Sean D Bell
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6166556
Last Updated: 12/02/2020
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.

BESbswy