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10867 W Woodland Avenue Avondale, AZ 85323

4 Beds 3 Baths 2,843 sqft Built 2007

$380,000

List Price

$1,630

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $133.66
  • 2 Days on Market
  • MLS # : 6179188
  • Updated Date : 01/10/2021 at 01:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,843 sqft
  • Baths : 2 full , 1 half
Listing Agent

West Usa Realty

Listing Agent's Description

TAKE A LOOK AT THIS BEAUTY!!..NICE 4 BEDROOS AND 2.5 BATHS.STACKED STONE EXTERIOR OFFERS SHARP CURVE APPEAL..RECENTLY REMODELED..NEW UPGRADED CEILING FANS..NEW TILE..NEW PAINT..NICE STAIR WAY..LOFT..GRANITE COUNTER TOPS.WAL IN PANTRY..LARGE KITCHEN ISLAND..STAGGERED CABINETS..NEWER CARPET..LARGE FAMILY ROOM.EXTENDED BALCONY UPSTAIRS..RV GATE..LARGE BACKYARD..CORNER LOT.ALL THIS ON A QUIET NEIGHBORHOOD...AND MUCH, MUCH MORE!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Roosevelt Park

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $83k336k

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

Neighborhood: Roosevelt Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8421567

* 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
Littleton Elementary School Primary Regular 813 58 2
Littleton Elementary School Middle Regular 813 58 2
La Joya Community High School High Regular 2,051 84 1

Littleton Elementary School

  • Education Level: Primary
  • # of students: 813
  • # of teachers: 58
2
GreatSchools Rating

Littleton Elementary School

  • Education Level: Middle
  • # of students: 813
  • # of teachers: 58
2
GreatSchools Rating

La Joya Community High School

  • Education Level: High
  • # of students: 2,051
  • # of teachers: 84
1
GreatSchools Rating
 

$342,000$418,000$380,000

PURCHASE PRICE

$1,467$1,793$1,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,630
EXPENSES Loan Payment -$1,320
Property Tax -$272
Property Insurance -$83
HOA -$18
Property Management Fees -$99
CASH FLOW
-$162

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$380,000

PROJECTED PRICE

$1,630

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 11.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$106,450

INVESTMENT

$106,450

Down Payment
$95,000
Rehab Estimate
$5,750
Closing Costs
$5,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,320

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $95,000
Loan Amount $285,000
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$10,047

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
  • $1,784

    COMP ESTIMATED VALUE
  • $0.63

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5503$1,7504$1,7955$1,799
$1,799
RENT COMPS ANALYSIS
  • 10867 W Woodland Avenue Avondale, AZ 1
    • 4 beds 3 baths ∙ 2,843 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,843 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11613 W Hadley Street Avondale, AZ 2
    • 5 beds 4 baths ∙ 2,666 Sqft ∙ Built 2003 5 beds 4 baths ∙ 2,666 Sqft ∙ Built 2003
    LEASED 04/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.58
    •  
  • 605 N 111th Drive Avondale, AZ 3
    • 4 beds 3 baths ∙ 2,661 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,661 Sqft ∙ Built 2004
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.66
    •  
  • 1714 S 104th Drive Tolleson, AZ 4
    • 4 beds 3 baths ∙ 2,747 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,747 Sqft ∙ Built 2017
    LEASED 12/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.65
    •  
  • 11582 W Cocopah Street Avondale, AZ 5
    • 5 beds 3 baths ∙ 2,902 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,902 Sqft ∙ Built 2004
    LEASED 10/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.62
    •  
PROPERTY LISTING DETAILS
Alfonso Rodriguez
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179188
Last Updated: 01/10/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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