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14655 W Catalina Drive Goodyear, AZ 85395

4 Beds 2 Baths 2,163 sqft Built 2000

$445,000

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 17, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $205.73
  • 5 Days on Market
  • MLS # : 6208170
  • Updated Date : 03/20/2021 at 19:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,163 sqft
  • Baths : 2 full
Listing Agent

Kenneth James Realty

Listing Agent's Description

Don't miss this one! Highly sought after single level home with 3-car garage and pool! Formal living and dining rooms plus a family room. Kitchen with granite countertops, brand new stove/oven, soft close cabinets and breakfast bar. Owners suite has a walk-in closet, separate shower and tub, and double sinks. Extended length covered patio. Beautiful pebble tech pool with an ocean view. Enjoy the Palm Valley amenities-beautiful golf courses, community.2018 -Exterior house painted, Interior house painted, Partial floor, Master bathroom tub and shower, Upgraded locks all doors, Replaced variable speed pool pump, Replaced pool filter grids, Upgraded air conditioner thermostat2019- New water heater, New toilets w/ soft close seats, Soft close cabinets, Upgraded security doorbell......

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
 

$400,500$489,500$445,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,546
Property Tax -$373
Property Insurance -$69
HOA -$28
Property Management Fees -$99
CASH FLOW
-$375

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.

$445,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.39%

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$123,675

INVESTMENT

$123,675

Down Payment
$111,250
Rehab Estimate
$5,750
Closing Costs
$6,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,546

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $111,250
Loan Amount $333,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,652

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
  • $1,779

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6503$1,6504$1,8505$2,000
$2,000
RENT COMPS ANALYSIS
  • 14655 W Catalina Drive Goodyear, AZ 1
    • 4 beds 2 baths ∙ 2,163 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,163 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 15015 W Robson Circle N Goodyear, AZ 2
    • 3 beds 2 baths ∙ 2,154 Sqft ∙ Built 2001 3 beds 2 baths ∙ 2,154 Sqft ∙ Built 2001
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.77
    •  
  • 14283 W Indianola Avenue Goodyear, AZ 3
    • 4 beds 2 baths ∙ 2,080 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,080 Sqft ∙ Built 2001
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.79
    •  
  • 14791 W Edgemont Avenue Goodyear, AZ 4
    • 3 beds 2 baths ∙ 2,309 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,309 Sqft ∙ Built 2005
    LEASED 12/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.80
    •  
  • 14031 W Edgemont Avenue Goodyear, AZ 5
    • 3 beds 3 baths ∙ 2,144 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,144 Sqft ∙ Built 2004
    LEASED 01/11/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.93
    •  
PROPERTY LISTING DETAILS
Michael Brachfeld
Kenneth James Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6208170
Last Updated: 03/20/2021
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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