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17920 W Sammy Way Surprise, AZ 85374

3 Beds 2 Baths 2,285 sqft Built 2004

$439,000

List Price

$1,820

$1.6K - $2K

Rent Est.

PROPERTY INFO

December 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $192.12
  • 1 Days on Market
  • MLS # : 6173289
  • Updated Date : 12/19/2020 at 20:43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,285 sqft
  • Baths : 1 full , 1 half
Listing Agent

Kenneth James Realty

Listing Agent's Description

Welcome to this beautiful turn-key 2285 sq/ft popular Sonoran w/3 bdrm & N/S exposure that backs to a private greenbelt! Double entry doors brings you to a spacious foyer with open site-line to the great room & kitchen with upgraded maple cabinets, gas stove, & breakfast bar. Inside has been freshly painted. New S/S appliances w/pull-outs in all cabinets, as well as new neutral tile along with 5'' baseboards, new plantation shutters w/upgraded lights and fans throughout. New dual-unit A/C units replaced 1 yr ago. Low $80 a month leased solar for energy efficiency. Backyard is fully enclosed w/coated patio and extended pergola. This large 7148 sq/ft lot with no neighbors behind you is private and perfect for entertaining. Golf cart garage is fully air conditioned w/built-in workbench!

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
Western Peaks Elementary School Primary Regular 1,093 50 5
Western Peaks Elementary School Middle Regular 1,093 50 5
Willow Canyon High School High Regular 2,084 83 3

Western Peaks Elementary School

  • Education Level: Primary
  • # of students: 1,093
  • # of teachers: 50
5
GreatSchools Rating

Western Peaks Elementary School

  • Education Level: Middle
  • # of students: 1,093
  • # of teachers: 50
5
GreatSchools Rating

Willow Canyon High School

  • Education Level: High
  • # of students: 2,084
  • # of teachers: 83
3
GreatSchools Rating
 

$395,100$482,900$439,000

PURCHASE PRICE

$1,638$2,002$1,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,820
EXPENSES Loan Payment -$1,620
Property Tax -$305
Property Insurance -$72
HOA -$160
Property Management Fees -$99
CASH FLOW
-$436

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.

$439,000

PROJECTED PRICE

$1,820

PROJECTED RENT

0.41%

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-$10k-$5.0k$0.0$5.0k$10k

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$122,085

INVESTMENT

$122,085

Down Payment
$109,750
Rehab Estimate
$5,750
Closing Costs
$6,585

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,620

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $109,750
Loan Amount $329,250
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$2,396

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
  • $1,560

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,4854$1,5105$1,660
$1,660
RENT COMPS ANALYSIS
  • 17920 W Sammy Way Surprise, AZ 1
    • 3 beds 2 baths ∙ 2,285 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,285 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 18391 W Stinson Drive Surprise, AZ 2
    • 3 beds 2 baths ∙ 2,232 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,232 Sqft ∙ Built 2005
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.58
    •  
  • 17592 N 185th Lane Surprise, AZ 3
    • 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 4
    • 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
    •  
  • 18338 W Stinson Drive Surprise, AZ 5
    • 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
Eileen Sixbey
Kenneth James Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6173289
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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