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18272 N Villa Bella Drive Surprise, AZ 85374

3 Beds 3 Baths 1,870 sqft Built 2000

$482,000

List Price

$1,840

$1.7K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $257.75
  • 4 Days on Market
  • MLS # : 6211791
  • Updated Date : 03/25/2021 at 15:50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,870 sqft
  • Baths : 3 full
Listing Agent

Leolinda Realty

Listing Agent's Description

Sun City Grand Palo Verde Model With Casita, Spool And Paid Solar. Backyard Was Strategically Planted To Provide Shade And Privacy, Your Outdoor Oasis. Casita Guest House Has Its Own Full Bath. Enter Through The Front Flagstone Patio Into Dell Webb's Most Popular Floor Plan With Split Bedroom Configuration Providing Guests Ultimate Privacy. Kitchen Nook Opens To Front Courtyard Patio, Perfect For Your Morning Cup Of Kona Coffee. Home Has Wonderful Curb Appeal, Anderson Windows, Bay Window In Master Bedroom, Two Sinks In Master Bath, 2018 Air Conditioner, 2018 Furnace, Soft Water And PVC Landscape System. Paid Solar Is On The Net Metering Billing for LOW Electric Bills! Relax In Your Spool After A Hard Day Of Golf. Its New Owner Is Sure To Enjoy The Ambiance And Solitude!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City Grand Willow Grove

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $109k362k

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

Neighborhood: Sun City Grand Willow Grove

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9792092

* 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
 

$433,800$530,200$482,000

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$1,674
Property Tax -$335
Property Insurance -$64
HOA -$11
Property Management Fees -$99
CASH FLOW
-$343

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.

$482,000

PROJECTED PRICE

$1,840

PROJECTED RENT

0.38%

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$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$133,480

INVESTMENT

$133,480

Down Payment
$120,500
Rehab Estimate
$5,750
Closing Costs
$7,230

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,674

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $120,500
Loan Amount $361,500
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$6,492

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
  • $1,529

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2993$1,3504$1,4505$1,495
$1,495
RENT COMPS ANALYSIS
  • 18272 N Villa Bella Drive Surprise, AZ 1
    • 3 beds 3 baths ∙ 1,870 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,870 Sqft ∙ Built 2000
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 15945 W Elm Street Surprise, AZ 2
    • 4 beds 2 baths ∙ 1,558 Sqft ∙ Built 1997 4 beds 2 baths ∙ 1,558 Sqft ∙ Built 1997
    property image
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,299
    • $0.83
    •  
  • 15220 W Eureka Trail Surprise, AZ 3
    • 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1999
    property image
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.81
    •  
  • 15334 W Melissa Lane Surprise, AZ 4
    • 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1999
    property image
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.87
    •  
  • 15149 W Rachel Circle Surprise, AZ 5
    • 4 beds 2 baths ∙ 1,968 Sqft ∙ Built 1997 4 beds 2 baths ∙ 1,968 Sqft ∙ Built 1997
    property image
    LEASED 02/23/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.76
    •  
PROPERTY LISTING DETAILS
Leolinda Bowers
Leolinda Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6211791
Last Updated: 03/25/2021
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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