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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $206.26
- 2 Days on Market
- MLS # : 6173091
- Updated Date : 12/19/2020 at 16:09
CONSTRUCTION
- Beds : 3
- Floor Size : 2,109 sqft
- Baths : 2 full
Listing Agent
Homesmart
Listing Agent's Description
Beautiful 2100 sq ft 3 Bedroom w/Den Ranch single story home has Luxury at every turn. Built on a 1 Quarter of an Acre parcel in Eagle Ridge of Estrella Mountain Ranch. Long list of features! Incredible backyard oasis! Less than a block away from WestStar Elementary and access to upscale community amenities with state of the art work-out equipment and facilities: Golf, Lakes, Parks: FEATURES Luxury Living, Gated Courtyard Entry with Pavers, Foyer, Soaring 10ft Ceilings, Single Story, Den, Oversize Bedrooms, Plantation Shutters, Fireplace, Upgraded Cabinets, Granite Counter tops, Stainless Steel Appliances, Refrigerator Included, Gas Stove, Oversize Diamond Laid Tile, CLICK ON MORE BECAUSE THERE IS ALOT MORE
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PRICE & RENT TRENDS
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,750 |
| EXPENSES | Loan Payment | -$1,605 |
| Property Tax | -$385 | |
| Property Insurance | -$68 | |
| HOA | -$36 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$443
|
||
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.
$435,000
PROJECTED PRICE
$1,750
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 6.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$121,025
LOAN DETAILS
$1,605
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $108,750 |
| Loan Amount | $326,250 |
0.83
YEARS SAVED
$1,733
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,750
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,782
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
-
13126 S 177th Drive Goodyear, AZ 4
- 3 beds 2 baths ∙ 2,109 Sqft ∙ Built 2003 3 beds 2 baths ∙ 2,109 Sqft ∙ Built 2003
![property image]()
- Rent
- Rent Per SQFT
- $1,750
- $0.83
-
13293 S 176th Drive Goodyear, AZ 1
- 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004
![property image]()
LEASED 02/21/20- Rent
- Rent Per SQFT
- $1,495
- $0.76
-
17940 W Verdin Road Goodyear, AZ 2
- 3 beds 2 baths ∙ 2,035 Sqft ∙ Built 2011 3 beds 2 baths ∙ 2,035 Sqft ∙ Built 2011
![property image]()
LEASED 01/10/20- Rent
- Rent Per SQFT
- $1,695
- $0.83
-
13221 S 176th Avenue Goodyear, AZ 3
- 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004
![property image]()
LEASED 12/16/20- Rent
- Rent Per SQFT
- $1,700
- $0.87
-
13326 S 176th Avenue Goodyear, AZ 5
- 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004
![property image]()
LEASED 07/15/20- Rent
- Rent Per SQFT
- $1,800
- $0.92
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6173091
Last Updated: 12/19/2020
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.
