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

17547 W Eugene Terrace Surprise, AZ 85388

4 Beds 3 Baths 2,761 sqft Built 2006

$375,000

List Price

$1,760

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $135.82
  • 2 Days on Market
  • MLS # : 6187762
  • Updated Date : 01/30/2021 at 23:36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,761 sqft
  • Baths : 3 full
Listing Agent

Homesmart

Listing Agent's Description

Get ready to fall in love with this model home perfect property in Sarah Ann Ranch! This 4 bedroom, 3 bath, 2761 Sq ft house is a move in ready beauty! One of the bedrooms and full bath is downstairs, PERFECT for a mother in law suite, PLUS a loft, PLUS a great room and family room, beautiful white cabinets in the kitchen coupled with thick granite countertops, PLUS save THOUSANDS on Fridge, Washer & Dryer all to convey! Large Master Suite upstairs with a HUGE Master closet, then stepping outside is a large covered patio in the backyard, and an extra long driveway in the front. Sarah Ann Ranch has resident only Citrus Trees lining the entire neighborhood with a gorgeous greenbelt going through the entire Community, basketball courts & 4 playgrounds. Hurry this perfect home won't last long!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Surprise

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260kPrice in $109k271k

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

Neighborhood: Surprise

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001050110011501200125013001350140014501500155016001650Rent in $9791673

* 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
Shadow Ridge High School High Regular 1,735 77 4

Shadow Ridge High School

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

$337,500$412,500$375,000

PURCHASE PRICE

$1,584$1,936$1,760

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,760
EXPENSES Loan Payment -$1,303
Property Tax -$261
Property Insurance -$81
HOA -$70
Property Management Fees -$99
CASH FLOW
-$53

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.

$375,000

PROJECTED PRICE

$1,760

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 8.1%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$105,125

INVESTMENT

$105,125

Down Payment
$93,750
Rehab Estimate
$5,750
Closing Costs
$5,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,303

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $93,750
Loan Amount $281,250
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$17,154

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
  • $1,960

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,7504$1,8355$1,850
$1,850
RENT COMPS ANALYSIS
  • 17547 W Eugene Terrace Surprise, AZ 1
    • 4 beds 3 baths ∙ 2,761 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,761 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17616 W Surrey Drive Surprise, AZ 2
    • 4 beds 2 baths ∙ 2,526 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,526 Sqft ∙ Built 2006
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.63
    •  
  • 14139 N 177th Avenue Surprise, AZ 3
    • 5 beds 3 baths ∙ 2,439 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,439 Sqft ∙ Built 2004
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.72
    •  
  • 17547 W Ventura Street Surprise, AZ 4
    • 4 beds 3 baths ∙ 2,425 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,425 Sqft ∙ Built 2004
    LEASED 03/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,835
    • $0.76
    •  
  • 17560 W Andora Street Surprise, AZ 5
    • 4 beds 2 baths ∙ 2,526 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,526 Sqft ∙ Built 2006
    LEASED 11/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.73
    •  
PROPERTY LISTING DETAILS
Ryan Richardson
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187762
Last Updated: 01/30/2021
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.

BESbswy