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15060 W Dahlia Drive Surprise, AZ 85379

3 Beds 2 Baths 2,137 sqft Built 2003

$349,000

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $163.31
  • 2 Days on Market
  • MLS # : 6193948
  • Updated Date : 02/13/2021 at 01:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,137 sqft
  • Baths : 2 full
Listing Agent

Capri Realty

Listing Agent's Description

Pristine, move-in-ready Rancho Gabriela home. Grassy backyd w/lush mature trees. No homes behind or dir east, creating a sense of distance/privacy. Low-maintenance frnt landscape. Kitchen opens to dining area/FR. Quartz countertops, 42'' maple cabinets, SS appl w/under-cabinet lighting enhance the kitchen. 3 BD split + office/den. Neutral, well-maintained carpet in LR/FR/Office & 3 BD. 20'' tile flooring thru remainder of home. Walls painted warm neutral tones. 2 ACs, 1 new in 2012, one in 2016. Reverse osmosis. Smart Lift-Master Gar Door Opener & Water Softener installed 2020. Structured wiring in FR. Wired for speakers in LR/FR/MB/Patio/Gar. Term Warr 12/21. Community playgrnd/bball courts. Buyer to verify any facts/figures of material interest. including HOA Addendum #s. See doc tab.

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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
 

$314,100$383,900$349,000

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 -$1,212
Property Tax -$214
Property Insurance -$69
HOA -$50
Property Management Fees -$99
CASH FLOW
-$114

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.

$349,000

PROJECTED PRICE

$1,530

PROJECTED RENT

0.44%

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$98,235

INVESTMENT

$98,235

Down Payment
$87,250
Rehab Estimate
$5,750
Closing Costs
$5,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,212

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,250
Loan Amount $261,750
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$11,928

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
  • $0.72

    LIST RENT PER SQFT
  • $1,688

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$1,530
1$1,5302$1,6003$1,6654$1,8005$1,895
$1,895
RENT COMPS ANALYSIS
  • 15060 W Dahlia Drive Surprise, AZ 1
    • 3 beds 2 baths ∙ 2,137 Sqft ∙ Built 2003 3 beds 2 baths ∙ 2,137 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.72
    •  
  • 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
    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
    LEASED 02/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,665
    • $0.77
    •  
  • 13343 N 152nd Avenue Surprise, AZ 4
    • 3 beds 3 baths ∙ 2,139 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,139 Sqft ∙ Built 2006
    LEASED 03/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.84
    •  
  • 15367 W Dreyfus Street Surprise, AZ 5
    • 3 beds 3 baths ∙ 2,336 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,336 Sqft ∙ Built 2005
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.81
    •  
PROPERTY LISTING DETAILS
Kay Clark Rosness
Capri Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193948
Last Updated: 02/13/2021
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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