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
17004 W Halifax Lane 
Surprise, AZ
85374
3 Beds 2 Baths 1,344 sqft
Built 2003
INVESTimate
$235,000
List Price
$68,025
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PRICE & RENT TRENDS
Neighborhood: Bell West Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Bell West Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,250 |
| EXPENSES | Loan Payment | -$867 |
| Property Tax | -$163 | |
| Property Insurance | -$53 | |
| HOA | -$65 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$2
|
||
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.
$235,000
PROJECTED PRICE
$1,250
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 7.27% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.24% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$68,025
LOAN DETAILS
$867
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $58,750 |
| Loan Amount | $176,250 |
5.58
YEARS SAVED
$16,582
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
-
$1,250
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
17004 W Halifax Lane Surprise, 1
- 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $0
- $0.00
-
17826 N 170th Lane Surprise, 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
-
17964 N 170th Lane Surprise, 3
- 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 2004
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,395
- $0.96
-
17020 W Halifax Lane Surprise, 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, 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
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6122637
Last Updated: 08/25/2020
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.
