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15080 W Glenrosa Avenue Goodyear, AZ 85395

4 Beds 4 Baths 3,008 sqft Built 2010

$419,000

List Price

$2,000

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $139.30
  • 2 Days on Market
  • MLS # : 6203729
  • Updated Date : 03/06/2021 at 22:49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,008 sqft
  • Baths : 3 full , 1 half
Listing Agent

Dpr Realty Llc

Listing Agent's Description

Incredible 4 bed/3.5 bath two story Goodyear home available in highly sought after Palm Valley. Beyond the impressive curb appeal you are welcomed into a spacious living/dining area with soaring ceilings. The separate large great room/kitchen is complete with gas cooking, ss appliances, stylish backsplash, custom cabinetry, and an island/breakfast bar. Gorgeous wood flooring and neutral paint tones throughout the entire home. Upstairs has a large loft plus game room with lots of possibilities. The owners suite includes a walk in closet, full bath with dual sinks, soaking tub and shower. 2nd master upstairs with attached bath and walk in closet. Inviting backyard offers a covered patio, block fencing, and room for pets, play, entertaining and more. See it and make it yours.

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
 

$377,100$460,900$419,000

PURCHASE PRICE

$1,800$2,200$2,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,000
EXPENSES Loan Payment -$1,455
Property Tax -$372
Property Insurance -$86
HOA -$24
Property Management Fees -$99
CASH FLOW
-$36

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.

$419,000

PROJECTED PRICE

$2,000

PROJECTED RENT

0.48%

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$0.0$5.0k$10k$15k

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$116,785

INVESTMENT

$116,785

Down Payment
$104,750
Rehab Estimate
$5,750
Closing Costs
$6,285

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,455

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $104,750
Loan Amount $314,250
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$18,986

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
  • $2,121

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8953$1,9954$2,0005$2,350
$2,350
RENT COMPS ANALYSIS
  • 15080 W Glenrosa Avenue Goodyear, AZ 1
    • 4 beds 4 baths ∙ 3,008 Sqft ∙ Built 2010 4 beds 4 baths ∙ 3,008 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 14641 W Clarendon Avenue Goodyear, AZ 2
    • 4 beds 4 baths ∙ 2,906 Sqft ∙ Built 2002 4 beds 4 baths ∙ 2,906 Sqft ∙ Built 2002
    LEASED 09/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.65
    •  
  • 15046 W Coolidge Street Goodyear, AZ 3
    • 4 beds 3 baths ∙ 3,068 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,068 Sqft ∙ Built 2007
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.65
    •  
  • 4359 N 152nd Drive Goodyear, AZ 4
    • 4 beds 3 baths ∙ 2,770 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,770 Sqft ∙ Built 2006
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.72
    •  
  • 951 W Orchard Lane Litchfield Park, AZ 5
    • 4 beds 4 baths ∙ 2,927 Sqft ∙ Built 2005 4 beds 4 baths ∙ 2,927 Sqft ∙ Built 2005
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.80
    •  
PROPERTY LISTING DETAILS
Mikelle Evans
Dpr Realty Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203729
Last Updated: 03/06/2021
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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