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15102 W Camino Estrella Drive Surprise, AZ 85374

2 Beds 2 Baths 1,627 sqft Built 2001

$342,900

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 01, 2020 RECENTLY ADDED
FACTS
  • Built In 2001
  • Price/Sqft : $210.76
  • 3 Days on Market
  • MLS # : 6154832
  • Updated Date : 11/02/2020 at 16:25
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,627 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Looking For That Super Clean, Updated Home That Looks Like A Model & Ready To Enjoy The Day You Close Escrow? Look No Further Than This Beautiful Madera Model That Is Move-In Ready Inside & Out. When You Drive Up You Know It's Special - The Landscaping & Exterior Are Both Well-Maintained & Attractive in Every Way. Step Inside & You Will Notice That Everything Is Top of the Line From The New Luxury Vinyl Plank Flooring To The Granite Countertops, SS Appliances, Light Fixtures, Ceiling Fans, & Garage Floor & Cabinets. Step Out On The Covered Patio & Notice the Textured & Painted Patio Floor & Half Wall Around the Patio - Both Add A Special Touch To Your Outside Living Enjoyment. Note: Some of the Furnishings & Decor Items You See May Be Available Outside of Escrow. Hurry On This One!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City Grand Cholla Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $109k371k

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

Neighborhood: Sun City Grand Cholla Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100220023002400Rent in $9792444

* 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
Kingswood Elementary School Primary Regular 674 36 4
Kingswood Elementary School Middle Regular 674 36 4
Willow Canyon High School High Regular 2,084 83 3

Kingswood Elementary School

  • Education Level: Primary
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Kingswood Elementary School

  • Education Level: Middle
  • # of students: 674
  • # of teachers: 36
4
GreatSchools Rating

Willow Canyon High School

  • Education Level: High
  • # of students: 2,084
  • # of teachers: 83
3
GreatSchools Rating
 

$308,610$377,190$342,900

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,265
Property Tax -$238
Property Insurance -$59
HOA -$11
Property Management Fees -$99
CASH FLOW
-$153

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.

$342,900

PROJECTED PRICE

$1,520

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 3.2%
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

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$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$96,619

INVESTMENT

$96,619

Down Payment
$85,725
Rehab Estimate
$5,750
Closing Costs
$5,144

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,265

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $85,725
Loan Amount $257,175
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$12,207

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
  • $1,517

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2003$1,4504$1,4505$1,650
$1,650
RENT COMPS ANALYSIS
  • 15102 W Camino Estrella Drive Surprise, AZ 1
    • 2 beds 2 baths ∙ 1,627 Sqft ∙ Built 2001 2 beds 2 baths ∙ 1,627 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 14575 W Mountain View Boulevard #10105 Surprise, AZ 2
    • 2 beds 2 baths ∙ 1,289 Sqft ∙ Built 2006 2 beds 2 baths ∙ 1,289 Sqft ∙ Built 2006
    property image
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.93
    •  
  • 20032 N Clear Canyon Drive Surprise, AZ 3
    • 2 beds 2 baths ∙ 1,546 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,546 Sqft ∙ Built 1997
    property image
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.94
    •  
  • 19830 N 146th Drive Sun City West, AZ 4
    • 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988 2 beds 2 baths ∙ 1,677 Sqft ∙ Built 1988
    property image
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.86
    •  
  • 14703 W Calumet Drive Sun City West, AZ 5
    • 2 beds 2 baths ∙ 1,653 Sqft ∙ Built 1992 2 beds 2 baths ∙ 1,653 Sqft ∙ Built 1992
    property image
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.00
    •  
PROPERTY LISTING DETAILS
John Albrecht
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154832
Last Updated: 11/02/2020
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.

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