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13185 W Windsor Avenue Goodyear, AZ 85395

3 Beds 2 Baths 1,686 sqft Built 1997

$299,995

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $177.93
  • 2 Days on Market
  • MLS # : 6199989
  • Updated Date : 02/27/2021 at 20:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,686 sqft
  • Baths : 2 full
Listing Agent

My Home Group Real Estate

Listing Agent's Description

3 Bedroom 2 Bath Charmer in palm Valley! Greystone built home, North/South exposure with custom ramada in the back yard. unique lot, very private location. Eat in kitchen with Bay Window! Dining room, Living Room, 2 car garage. Master bedroom has door to rear yard private patio. This home is sure to go fast, put on your tour list now!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Palm Valley

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k369k

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

Neighborhood: Palm Valley

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Millennium High School High Regular 2,205 94 4

Millennium High School

  • Education Level: High
  • # of students: 2,205
  • # of teachers: 94
4
GreatSchools Rating
 

$269,996$329,995$299,995

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$1,042
Property Tax -$251
Property Insurance -$60
HOA -$155
Property Management Fees -$99
CASH FLOW
$53

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.

$299,995

PROJECTED PRICE

$1,660

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,249

INVESTMENT

$85,249

Down Payment
$74,999
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,999
Loan Amount $224,996
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$18,375

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,660

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,657

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,549
1$1,5492$1,5753$1,6054$1,6605$1,695
$1,695
RENT COMPS ANALYSIS
  • 13185 W Windsor Avenue Goodyear, AZ 4
    • 3 beds 2 baths ∙ 1,686 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,686 Sqft ∙ Built 1997
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $0.98
    •  
  • 13318 W La Reata Avenue Goodyear, AZ 1
    • 3 beds 2 baths ∙ 1,583 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,583 Sqft ∙ Built 1998
    property image
    LEASED 05/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,549
    • $0.98
    •  
  • 12977 W Verde Lane Avondale, AZ 2
    • 3 beds 2 baths ∙ 1,528 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,528 Sqft ∙ Built 2002
    property image
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $1.03
    •  
  • 13121 W Windsor Avenue Goodyear, AZ 3
    • 3 beds 2 baths ∙ 1,686 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,686 Sqft ∙ Built 1997
    property image
    LEASED 05/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,605
    • $0.95
    •  
  • 13348 W Virginia Avenue Goodyear, AZ 5
    • 3 beds 2 baths ∙ 1,743 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,743 Sqft ∙ Built 1994
    property image
    LEASED 02/08/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.97
    •  
PROPERTY LISTING DETAILS
Craig Bennett
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6199989
Last Updated: 02/27/2021
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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