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

19827 N Valencia Court Surprise, AZ 85374

3 Beds 3 Baths 3,256 sqft Built 1998

$725,000

List Price

$2,400

$2.2K - $2.6K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $222.67
  • 2 Days on Market
  • MLS # : 6190823
  • Updated Date : 02/06/2021 at 22:58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,256 sqft
  • Baths : 3 full
Listing Agent

Long Realty West Valley

Listing Agent's Description

Undeniably, Resort Living within a Resort! Experience Elegance at Stonecrest with privacy, security and one of the best split floor plans that Sun City Grand has to offer, plus expanded to 3256 square feet by the original owners. Sittingon a spacious quiet 0.4+ acre lot at the end of a cul de sac with lush landscaping, palm trees, and ambient lighting for added nightlife beauty...prepare yourself to vacation right at home! A gated front courtyard leads you into a dramatic entrance with a soaring 13.5 foot vaulted ceiling to reveal stunning custom upgrades and design. Want for nothing in your gourmet kitchen featuring stainless steel appliances, granite counters, cherrywood cabinets, travertine back splash, a 5-burner gas cooktop, double wall ovens, and of course, your wine refrigerator..

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City Grand-Desert Breeze

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $109k380k

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

Neighborhood: Sun City Grand-Desert Breeze

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9791968

* 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
 

$652,500$797,500$725,000

PURCHASE PRICE

$2,160$2,640$2,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,400
EXPENSES Loan Payment -$2,518
Property Tax -$504
Property Insurance -$91
HOA -$11
Property Management Fees -$99
CASH FLOW
-$823

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.

$725,000

PROJECTED PRICE

$2,400

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 5.0%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$197,875

INVESTMENT

$197,875

Down Payment
$181,250
Rehab Estimate
$5,750
Closing Costs
$10,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,518

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $181,250
Loan Amount $543,750
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,019

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
  • $2,491

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0953$2,499
$2,499
RENT COMPS ANALYSIS
  • 19827 N Valencia Court Surprise, AZ 1
    • 3 beds 3 baths ∙ 3,256 Sqft ∙ Built 1998 3 beds 3 baths ∙ 3,256 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17984 N 168th Avenue Surprise, AZ 2
    • 4 beds 3 baths ∙ 3,014 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,014 Sqft ∙ Built 2004
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.70
    •  
  • 16859 W Tonbridge Street Surprise, AZ 3
    • 4 beds 3 baths ∙ 3,010 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,010 Sqft ∙ Built 2004
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,499
    • $0.83
    •  
PROPERTY LISTING DETAILS
Kendra Frantzve
Long Realty West Valley
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6190823
Last Updated: 02/06/2021
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