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17839 W Sammy Way Surprise, AZ 85374

3 Beds 2 Baths 2,334 sqft Built 2001

$415,000

List Price

$1,910

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $177.81
  • 2 Days on Market
  • MLS # : 6187798
  • Updated Date : 01/30/2021 at 19:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,334 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

This beautiful home has 3 bed, 2 baths. Carpet & tile in all the right places. High ceilings. Plantation Shutters. A spacious open floor plan. The stunning kitchen was remodeled by Stone Creek With Alder cabinets, 36 inch gas stove top, double ovens, Beautiful granite counters, breakfast bar, pull outs, large pantry. The family room has built-ins with lots of storage. The den has a Murphy system. Granite in bathrooms. Sink in laundry room. The large owner's suite has beautiful laminate wood floors, private entrance, a full bath, walk-in closet. Screened in Arizona room. The backyard has a pergola with a jenn-air BBQ. Exterior painted in 2019. Extended 6 ft garage has cabinets & workbench. Two zone heat/AC. Close to schools, shopping and the 303. Many community amenities available.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Arizona Traditions

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $109k284k

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

Neighborhood: Arizona Traditions

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9491791

* 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
 

$373,500$456,500$415,000

PURCHASE PRICE

$1,719$2,101$1,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$1,441
Property Tax -$289
Property Insurance -$73
HOA -$140
Property Management Fees -$99
CASH FLOW
-$132

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.

$415,000

PROJECTED PRICE

$1,910

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 4.8%
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-$5.0k$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$13,236

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,910

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $1,692

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,485
1$1,4852$1,5103$1,5504$1,6605$1,910
$1,910
RENT COMPS ANALYSIS
  • 17839 W Sammy Way Surprise, AZ 5
    • 3 beds 2 baths ∙ 2,334 Sqft ∙ Built 2001 3 beds 2 baths ∙ 2,334 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $1,910
    • $0.82
    •  
  • 17592 N 185th Lane Surprise, AZ 1
    • 3 beds 3 baths ∙ 2,275 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,275 Sqft ∙ Built 2005
    LEASED 08/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,485
    • $0.65
    •  
  • 17886 N Bell Pointe Boulevard Surprise, AZ 2
    • 4 beds 2 baths ∙ 1,991 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,991 Sqft ∙ Built 2005
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.76
    •  
  • 18394 W Dawn Drive Surprise, AZ 3
    • 3 beds 3 baths ∙ 2,075 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,075 Sqft ∙ Built 2005
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.75
    •  
  • 18338 W Stinson Drive Surprise, AZ 4
    • 4 beds 2 baths ∙ 2,232 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,232 Sqft ∙ Built 2005
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $0.74
    •  
PROPERTY LISTING DETAILS
Angela Dansereau, Pllc
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187798
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.

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