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17479 W Acapulco Lane Surprise, AZ 85388

3 Beds 2 Baths 1,717 sqft Built 2004

$295,000

List Price

$1,380

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $171.81
  • 2 Days on Market
  • MLS # : 6182000
  • Updated Date : 01/16/2021 at 17:50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,717 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

Beautifully upgraded home in the highly sought after Sierra Montana Subdivision. Freshly painted interior, including the garage. Exterior was painted in 2018. 3 bedrooms and 2 baths with a formal dining room/den office. Kitchen opens to an eat in area and great room. Large kitchen island. Granite countertops in kitchen and both bathrooms. New Refrigerator. Plantation shutters. Raised cabinets in bathrooms. Tile and wood laminate flooring in all the living areas. New carpet in bedrooms. Relaxing south facing backyard with pet friendly artificial turf. Nicely landscaped yards. Government approved AC with puron 410A. Newer Vinyl Energy Efficient windows throughout the home. This is a very well maintained and cared for home. Come make it yours.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sierra Montana

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $112k358k

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

Neighborhood: Sierra Montana

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9311981

* 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
Sunset Hills Elementary School Primary Regular 1,214 55 6
Sunset Hills Elementary School Middle Regular 1,214 55 6
Shadow Ridge High School High Regular 1,735 77 4

Sunset Hills Elementary School

  • Education Level: Primary
  • # of students: 1,214
  • # of teachers: 55
6
GreatSchools Rating

Sunset Hills Elementary School

  • Education Level: Middle
  • # of students: 1,214
  • # of teachers: 55
6
GreatSchools Rating

Shadow Ridge High School

  • Education Level: High
  • # of students: 1,735
  • # of teachers: 77
4
GreatSchools Rating
 

$265,500$324,500$295,000

PURCHASE PRICE

$1,242$1,518$1,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,380
EXPENSES Loan Payment -$1,025
Property Tax -$205
Property Insurance -$61
HOA -$20
Property Management Fees -$99
CASH FLOW
-$29

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$295,000

PROJECTED PRICE

$1,380

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.9%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$83,925

INVESTMENT

$83,925

Down Payment
$73,750
Rehab Estimate
$5,750
Closing Costs
$4,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,025

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $73,750
Loan Amount $221,250
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$13,840

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
  • $1,391

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2953$1,2954$1,3955$1,475
$1,475
RENT COMPS ANALYSIS
  • 17479 W Acapulco Lane Surprise, AZ 1
    • 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 14956 N 174th Drive Surprise, AZ 2
    • 3 beds 3 baths ∙ 1,578 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,578 Sqft ∙ Built 2006
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.82
    •  
  • 17521 W Banff Lane Surprise, AZ 3
    • 3 beds 3 baths ∙ 1,578 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,578 Sqft ∙ Built 2005
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.82
    •  
  • 15017 N 173rd Drive Surprise, AZ 4
    • 3 beds 3 baths ∙ 1,819 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,819 Sqft ∙ Built 2006
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.77
    •  
  • 15433 N 172nd Lane Surprise, AZ 5
    • 3 beds 2 baths ∙ 1,782 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,782 Sqft ∙ Built 2004
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.83
    •  
PROPERTY LISTING DETAILS
Rhonda S Christman
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6182000
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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