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16667 W Pacheco Court Surprise, AZ 85387

3 Beds 2 Baths 1,491 sqft Built 2004

$339,900

List Price

$1,340

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $227.97
  • 3 Days on Market
  • MLS # : 6209130
  • Updated Date : 03/19/2021 at 21:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,491 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Enjoy resort style living in the wonderful Active Adult community of Sun City Grand. With 4 golf courses,2 community centers, shops, pools, restaurants tennis/Pickle Ball courts and miles of paths for walking or biking. This beautiful home has been tastefully decorated. Back patio with pony wall enlarged in 2018 so you'll have plenty of room to relax or entertain your friends. New AC/Gas Furnace and exterior painting completed in 2019. Kitchen features newer Stainless steel appliances. New Washer/Dryer in 2019. Home has ceramic tile in most area's & recent carpet in the bedrooms. Huge master suite features a bump out bay window. New irrigation control unit w/new valves. New garbage disposal, garage door opener & remote pad. Most furniture, patio items, kitchen cookware are available on a

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City Grand Durango

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $109k374k

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

Neighborhood: Sun City Grand Durango

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9791769

* 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
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,206$1,474$1,340

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,340
EXPENSES Loan Payment -$1,181
Property Tax -$236
Property Insurance -$56
HOA -$10
Property Management Fees -$99
CASH FLOW
-$243

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.

$339,900

PROJECTED PRICE

$1,340

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.8%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$4,688

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,340

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,346

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,340
1$1,3402$1,3503$1,3504$1,3955$1,600
$1,600
RENT COMPS ANALYSIS
  • 16667 W Pacheco Court Surprise, AZ 1
    • 3 beds 2 baths ∙ 1,491 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,491 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,340
    • $0.90
    •  
  • 17826 N 170th Lane Surprise, AZ 2
    • 3 beds 2 baths ∙ 1,430 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,430 Sqft ∙ Built 2004
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.94
    •  
  • 17505 N 167th Drive Surprise, AZ 3
    • 3 beds 2 baths ∙ 1,580 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,580 Sqft ∙ Built 1999
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.85
    •  
  • 17020 W Halifax Lane Surprise, AZ 4
    • 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2003
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.87
    •  
  • 17041 W Tonbridge Street Surprise, AZ 5
    • 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 2004
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.95
    •  
PROPERTY LISTING DETAILS
Michael J Flisakowski
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209130
Last Updated: 03/19/2021
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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