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17007 W Bridlington Lane Surprise, AZ 85374

4 Beds 3 Baths 1,789 sqft Built 2003

$314,900

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $176.02
  • 3 Days on Market
  • MLS # : 6203269
  • Updated Date : 03/13/2021 at 17:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,789 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Elite

Listing Agent's Description

The search is over! You've found the home of your dreams! This fantastic 4 bed, 3 bath property boasts charming curb appeal with desert landscaping, a 2 car garage, and so much more. You'll simply have to come see it for yourself! The lavish interior boasts an open floor plan with gorgeous vaulted ceilings and designer paint throughout. The charming kitchen is equipped with everything you need for home cooking, ample cabinet and counter space, a pantry, and matching appliances. Upstairs you'll find the grandiose master bedroom, which includes a spacious walk-in closet and a full bath with double sinks. Not to mention separate tub and shower. Also including a wonderful backyard with a cozy covered patio and a grassy area, this home is simply a dream come true! Book a showing today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Bell West Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $108k271k

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

Neighborhood: Bell West Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9431567

* 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
 

$283,410$346,390$314,900

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$1,094
Property Tax -$219
Property Insurance -$62
HOA -$65
Property Management Fees -$99
CASH FLOW
$61

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.

$314,900

PROJECTED PRICE

$1,600

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 7.3%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

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$89,199

INVESTMENT

$89,199

Down Payment
$78,725
Rehab Estimate
$5,750
Closing Costs
$4,724

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,094

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $78,725
Loan Amount $236,175
See What Happens When You Reinvest Cash Flow

6.42

YEARS SAVED

$23,440

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,600

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,686

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,6003$1,6004$1,6255$1,649
$1,649
RENT COMPS ANALYSIS
  • 17007 W Bridlington Lane Surprise, AZ 3
    • 4 beds 3 baths ∙ 1,789 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,789 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.89
    •  
  • 17020 W Halifax Lane Surprise, AZ 1
    • 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,598 Sqft ∙ Built 2003
    property image
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.87
    •  
  • 17041 W Tonbridge Street Surprise, AZ 2
    • 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 2004
    property image
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.95
    •  
  • 17017 W Manchester Drive Surprise, AZ 4
    • 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.97
    •  
  • 17056 W Southampton Road Surprise, AZ 5
    • 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,681 Sqft ∙ Built 2005
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.98
    •  
PROPERTY LISTING DETAILS
Shannon Cunningham
Keller Williams Elite
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203269
Last Updated: 03/13/2021
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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