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14338 W Windsor Avenue Goodyear, AZ 85395

4 Beds 4 Baths 3,164 sqft Built 2004

$600,000

List Price

$2,100

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $189.63
  • 74 Days on Market
  • MLS # : 6162569
  • Updated Date : 01/30/2021 at 18:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,164 sqft
  • Baths : 3 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Stunning former Model home in the gated community of Madera! This 4 bedroom plus den 3.5 bathroom home features a beautiful entrance into a large courtyard, and separate guest house. The main home is complete with large tile, carpet only in the bedrooms, Hickory cabinets in the kitchen with double ovens and open floor plan. The large owners suite boasts a jetted tub double shower, and huge walk in closet. The front and backyard landscape is lush and mature and surrounds the massive diving pool with large Baja area. Tons of split garage space with a single car and oversized 2 car garage. This community has many amenities and within Palm Valley Golf Course.

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
Palm Valley Elementary School Primary Regular 849 37 9
Palm Valley Elementary School Middle Regular 849 37 9
Desert Edge High School High Regular 1,744 80 3

Palm Valley Elementary School

  • Education Level: Primary
  • # of students: 849
  • # of teachers: 37
9
GreatSchools Rating

Palm Valley Elementary School

  • Education Level: Middle
  • # of students: 849
  • # of teachers: 37
9
GreatSchools Rating

Desert Edge High School

  • Education Level: High
  • # of students: 1,744
  • # of teachers: 80
3
GreatSchools Rating
 

$540,000$660,000$600,000

PURCHASE PRICE

$1,890$2,310$2,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,100
EXPENSES Loan Payment -$2,084
Property Tax -$503
Property Insurance -$89
HOA -$72
Property Management Fees -$99
CASH FLOW
-$746

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.

$600,000

PROJECTED PRICE

$2,100

PROJECTED RENT

0.35%

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$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,750

INVESTMENT

$164,750

Down Payment
$150,000
Rehab Estimate
$5,750
Closing Costs
$9,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,084

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $150,000
Loan Amount $450,000
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$183

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
  • $2,104

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0503$2,1004$2,1505$2,200
$2,200
RENT COMPS ANALYSIS
  • 14338 W Windsor Avenue Goodyear, AZ 1
    • 4 beds 4 baths ∙ 3,164 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,164 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2425 N 142nd Avenue Goodyear, AZ 2
    • 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 2006
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.67
    •  
  • 2394 N 142nd Avenue Goodyear, AZ 3
    • 4 beds 4 baths ∙ 3,322 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,322 Sqft ∙ Built 2006
    LEASED 09/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.63
    •  
  • 2449 N 142nd Avenue Goodyear, AZ 4
    • 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 2007
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.70
    •  
  • 13971 W Woodbridge Avenue Goodyear, AZ 5
    • 4 beds 3 baths ∙ 3,344 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,344 Sqft ∙ Built 2004
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.66
    •  
PROPERTY LISTING DETAILS
Amanda Thomason
Coldwell Banker Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6162569
Last Updated: 01/30/2021
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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