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15724 W Eucalyptus Court Surprise, AZ 85374

2 Beds 3 Baths 1,828 sqft Built 1999

$439,000

List Price

$2,020

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $240.15
  • 3 Days on Market
  • MLS # : 6199752
  • Updated Date : 02/27/2021 at 08:35
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,828 sqft
  • Baths : 3 full
Listing Agent

Long Realty West Valley

Listing Agent's Description

YOUR VERY OWN LUXURY RETREAT! Charming Guest Suite and Guest Living Area Connected to Home has Its Own Entrance and Makes this Home a One of a Kind! The Office boasts a Murphy Bed. Master Suite w/ Bay Window, Walk in Closet. Master Bath with Raised Vanity and Dual Sinks. The Paradise Backyard Overlooks the Golf Course with Stunning Views of Fountain and Mountains! Wonderful Pool with Jets and Water Feature. No Neighbors Behind! Cul de Sac Homesite!Sought After Stellar Location! Lush Landscaping, Paver Patio, Night Lighting. Kitchen has Gas Range, Quartz Countertops, Farm Sink, Designer Faucet. Extended Garage with much Storage and Workbench. Washer, Dryer, Refrig Remain. Nice Laundry with Cabinets. Other Features are Fenced Yard, Hot Water Recir, Security Doors, Skylight

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City Grand Willow Grove

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $109k362k

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

Neighborhood: Sun City Grand Willow Grove

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9792092

* 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
Willow Canyon High School High Regular 2,084 83 3

Willow Canyon High School

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

$395,100$482,900$439,000

PURCHASE PRICE

$1,818$2,222$2,020

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,020
EXPENSES Loan Payment -$1,525
Property Tax -$305
Property Insurance -$63
HOA -$11
Property Management Fees -$99
CASH FLOW
$17

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.

$439,000

PROJECTED PRICE

$2,020

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.6%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$122,085

INVESTMENT

$122,085

Down Payment
$109,750
Rehab Estimate
$5,750
Closing Costs
$6,585

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,525

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $109,750
Loan Amount $329,250
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$27,830

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,020

    LIST RENT
  • $1.11

    LIST RENT PER SQFT
  • $1,773

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,8003$1,8754$2,0005$2,020
$2,020
RENT COMPS ANALYSIS
  • 15724 W Eucalyptus Court Surprise, AZ 5
    • 2 beds 3 baths ∙ 1,828 Sqft ∙ Built 1999 2 beds 3 baths ∙ 1,828 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $2,020
    • $1.11
    •  
  • 20029 N Cielo Court Surprise, AZ 1
    • 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 2001 2 beds 2 baths ∙ 2,014 Sqft ∙ Built 2001
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.87
    •  
  • 19765 N Wind Rose Way Surprise, AZ 2
    • 2 beds 2 baths ∙ 1,627 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,627 Sqft ∙ Built 1997
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.11
    •  
  • 20013 N Siesta Rock Drive Surprise, AZ 3
    • 2 beds 2 baths ∙ 2,035 Sqft ∙ Built 1997 2 beds 2 baths ∙ 2,035 Sqft ∙ Built 1997
    LEASED 02/17/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.92
    •  
  • 16135 W Casa Bonita Court Surprise, AZ 4
    • 2 beds 3 baths ∙ 2,035 Sqft ∙ Built 1999 2 beds 3 baths ∙ 2,035 Sqft ∙ Built 1999
    LEASED 11/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.98
    •  
PROPERTY LISTING DETAILS
Catherine Barton
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199752
Last Updated: 02/27/2021
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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