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17264 N Winding Trail Surprise, AZ 85374

2 Beds 2 Baths 1,293 sqft Built 1993

$279,900

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $216.47
  • 2 Days on Market
  • MLS # : 6172613
  • Updated Date : 12/19/2020 at 12:32
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,293 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Spectacular views from this FURNISHED home in the highly sought after gated/guarded golf community of Sun Village! The open, split bedroom floor plan boast a bright eat-in kitchen, spacious great room, and separate dining area. Relax in the private backyard oasis with covered patio, fountains, and park-like setting. This is one of the best lots in Sun Village. Freshly painted. Enjoy golf, pickle ball, tennis, workout facility, and a gourmet restaurant right in your neighborhood. This is Arizona living at it's finest!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Zuni Village

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $104k271k

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

Neighborhood: Zuni Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9081567

* 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
 

$251,910$307,890$279,900

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,033
Property Tax -$195
Property Insurance -$52
HOA -$271
Property Management Fees -$99
CASH FLOW
-$60

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.

$279,900

PROJECTED PRICE

$1,590

PROJECTED RENT

0.57%

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

PROJECTED ANNUAL CASH FLOW

11530-$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$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,924

INVESTMENT

$79,924

Down Payment
$69,975
Rehab Estimate
$5,750
Closing Costs
$4,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $69,975
Loan Amount $209,925
See What Happens When You Reinvest Cash Flow

4

YEARS SAVED

$12,001

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,590

    LIST RENT
  • $1.23

    LIST RENT PER SQFT
  • $1,594

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,4003$1,5004$1,5905$1,750
$1,750
RENT COMPS ANALYSIS
  • 17264 N Winding Trail Surprise, AZ 4
    • 2 beds 2 baths ∙ 1,293 Sqft ∙ Built 1993 2 beds 2 baths ∙ 1,293 Sqft ∙ Built 1993
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $1.23
    •  
  • 17201 N Larkspur Lane Surprise, AZ 1
    • 2 beds 2 baths ∙ 1,090 Sqft ∙ Built 1997 2 beds 2 baths ∙ 1,090 Sqft ∙ Built 1997
    property image
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.15
    •  
  • 17919 N Reno Avenue Surprise, AZ 2
    • 2 beds 2 baths ∙ 1,187 Sqft ∙ Built 1998 2 beds 2 baths ∙ 1,187 Sqft ∙ Built 1998
    property image
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.18
    •  
  • 17176 N Winding Trail Surprise, AZ 3
    • 2 beds 2 baths ∙ 1,097 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,097 Sqft ∙ Built 1994
    property image
    LEASED 07/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.37
    •  
  • 13945 W Santee Way Surprise, AZ 5
    • 2 beds 2 baths ∙ 1,427 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,427 Sqft ∙ Built 1994
    property image
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.23
    •  
PROPERTY LISTING DETAILS
Karen J Olsen
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6172613
Last Updated: 12/19/2020
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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