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13429 S 185th Avenue Goodyear, AZ 85338

3 Beds 2 Baths 1,854 sqft Built 2006

$365,000

List Price

$1,710

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $196.87
  • 2 Days on Market
  • MLS # : 6193932
  • Updated Date : 02/20/2021 at 00:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,854 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

Estrella cul-de-sac location with a VIEW! NEW Kitchen & Flooring in 2018! New exterior paint in 2019! Kitchen comes complete with 2019 LG ''Insta-View Door'' stainless refrigerator, gas cooking, quartz countertops, stainless undermount sink, tile backsplash, stainless hardware, quiet close drawers, 2020 dishwasher, and walk-in pantry. Wood-look, plank tile flooring throughout with carpet (also new in 2018) in bedrooms. Backyard features mountain views, view fencing, covered patio, extended paver patio, and gazebo. A gated, side-yard, dog-run featuring pet-friendly artificial turf awaits your best furry friend. Garage flooring is... You really have to SEE it! Additional features include: private courtyard entrance, energy-saving sunscreens, ceiling fans, recessed

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Estrella Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Estrella Mountain Ranch

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
Estrella Foothills High School High Regular 1,037 43 5

Estrella Foothills High School

  • Education Level: High
  • # of students: 1,037
  • # of teachers: 43
5
GreatSchools Rating
 

$328,500$401,500$365,000

PURCHASE PRICE

$1,539$1,881$1,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,710
EXPENSES Loan Payment -$1,268
Property Tax -$323
Property Insurance -$63
HOA -$36
Property Management Fees -$99
CASH FLOW
-$78

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.

$365,000

PROJECTED PRICE

$1,710

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$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$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$102,475

INVESTMENT

$102,475

Down Payment
$91,250
Rehab Estimate
$5,750
Closing Costs
$5,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,268

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $91,250
Loan Amount $273,750
See What Happens When You Reinvest Cash Flow

3.92

YEARS SAVED

$13,247

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
  • $1,803

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8003$1,8504$1,8955$1,995
$1,995
RENT COMPS ANALYSIS
  • 13429 S 185th Avenue Goodyear, AZ 1
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 18526 W Desert Trumpet Road Goodyear, AZ 2
    • 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.95
    •  
  • 17726 W Granite View Drive Goodyear, AZ 3
    • 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 2018
    LEASED 10/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.97
    •  
  • 13266 S 182nd Avenue Goodyear, AZ 4
    • 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.89
    •  
  • 13483 S 186th Drive Goodyear, AZ 5
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2006
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.08
    •  
PROPERTY LISTING DETAILS
Camille Trachsel-smith
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6193932
Last Updated: 02/20/2021
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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