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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.
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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 | $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
| 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
$164,750
LOAN DETAILS
$2,084
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $150,000 |
| Loan Amount | $450,000 |
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
-
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
Coldwell Banker Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6162569
Last Updated: 01/30/2021
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.
