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PROPERTY INFO
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!
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PRICE & RENT TRENDS
Neighborhood: Palm Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Palm Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$85,249
LOAN DETAILS
$1,042
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $74,999 |
| Loan Amount | $224,996 |
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
-
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
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6199989
Last Updated: 02/27/2021
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.
