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PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $209.98
- 2 Days on Market
- MLS # : 6203413
- Updated Date : 03/06/2021 at 04:02
CONSTRUCTION
- Beds : 4
- Floor Size : 2,476 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Realty Professional Partners
Listing Agent's Description
NEW BUILD!!! NO Lottery or Build Time!!! Property has been lived in ONLY 4 months. The last of this popular and highly desirable Pelican Bay Floor Plan has been sold and the community is near close-out in Goodyear's PRIME location near I-10 and Estrella Pkwy. This VERY OPEN floor plan offers a Kitchen Island Off The Greatroom, LOTS NATURAL LIGHT With The 9 Foot Ceilings 2,476 sq ft, 4 Bedrooms, Open Study/Dining Room, 2.5 Baths, GE Appliances, Award Winning Indoor Air PLUS Package, Large Walk In Pantry, Quarts Kitchen Countertops, Large Covered Patio, Paver Driveway, Window Shutters, Ceiling Fans, Two Toned Paint, Large Pantry, 8 Foot Interior Doors, Tankless Gas Water Heater. TOO MANY upgrades to mention in this section. This is a PRIME LOT. A MUST SEE...LOCATION...LOCATION...LOCATION!!
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PRICE & RENT TRENDS
Neighborhood: Central Goodyear
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Central Goodyear
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,110 |
| EXPENSES | Loan Payment | -$1,806 |
| Property Tax | -$347 | |
| Property Insurance | -$75 | |
| HOA | -$115 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$332
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$519,900
PROJECTED PRICE
$2,110
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.2% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.24% |
| 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
$139,774
LOAN DETAILS
$1,806
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $129,975 |
| Loan Amount | $389,925 |
2.25
YEARS SAVED
$7,946
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$2,080
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
15101 W Baden Street Goodyear, AZ 1
- 4 beds 3 baths ∙ 2,476 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,476 Sqft ∙ Built 2020
- Rent
- Rent Per SQFT
- $0
- $0.00
-
15786 W Mckinley Street Goodyear, AZ 2
- 3 beds 2 baths ∙ 2,309 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,309 Sqft ∙ Built 2016
LEASED 09/20/19- Rent
- Rent Per SQFT
- $1,700
- $0.74
-
15361 W Jefferson Street Goodyear, AZ 3
- 4 beds 2 baths ∙ 2,171 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,171 Sqft ∙ Built 2004
LEASED 11/01/20- Rent
- Rent Per SQFT
- $1,800
- $0.83
-
1682 N 144th Drive Goodyear, AZ 4
- 3 beds 3 baths ∙ 2,208 Sqft ∙ Built 2012 3 beds 3 baths ∙ 2,208 Sqft ∙ Built 2012
LEASED 06/27/20- Rent
- Rent Per SQFT
- $1,895
- $0.86
-
15794 W Mckinley Street Goodyear, AZ 5
- 4 beds 2 baths ∙ 2,265 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,265 Sqft ∙ Built 2017
LEASED 10/08/20- Rent
- Rent Per SQFT
- $2,100
- $0.93
PROPERTY LISTING DETAILS
Keller Williams Realty Professional Partners
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6203413
Last Updated: 03/06/2021
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.
