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15498 W Campbell Avenue Goodyear, AZ 85395

4 Beds 4 Baths 2,402 sqft Built 2005

$449,900

List Price

$1,990

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $187.30
  • 2 Days on Market
  • MLS # : 6157775
  • Updated Date : 11/07/2020 at 13:53
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,402 sqft
  • Baths : 4 full
Listing Agent

Keller Williams Elite

Listing Agent's Description

Outstanding single story floorplan with guest wing with separate entrance on a HUGE lot! Impressive curb appeal with stacked stone accents, flowing palm trees & distressed wood front door. Grand rotunda style entry with tray ceiling. Stunning Kitchen with newer cherry cabinetry with glass insets & brushed hardware. Sleek quartz countertops & center island. Ceramic & metal tile back splash. Built in gas range with gleaming stainless hood. Energy star GE Profile stainless appliances. Amazing 6 panel sliding doors in the living room & kitchen with views of the pebbletec pool. Attractive chandelier & pendant lighting. Gas fireplace for cozy nights. Cheery primary suite has 4 panel sliding door. Spacious primary bath has soaking tub & glass shower. Guest wing with separate entrance. CLICK MORE

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
Litchfield Elementary School Primary Regular 820 37 8
Litchfield Elementary School Middle Regular 820 37 8
Millennium High School High Regular 2,205 94 4

Litchfield Elementary School

  • Education Level: Primary
  • # of students: 820
  • # of teachers: 37
8
GreatSchools Rating

Litchfield Elementary School

  • Education Level: Middle
  • # of students: 820
  • # of teachers: 37
8
GreatSchools Rating

Millennium High School

  • Education Level: High
  • # of students: 2,205
  • # of teachers: 94
4
GreatSchools Rating
 

$404,910$494,890$449,900

PURCHASE PRICE

$1,791$2,189$1,990

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,990
EXPENSES Loan Payment -$1,660
Property Tax -$399
Property Insurance -$74
HOA -$22
Property Management Fees -$99
CASH FLOW
-$264

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.

$449,900

PROJECTED PRICE

$1,990

PROJECTED RENT

0.44%

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-$5.0k$0.0$5.0k$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$124,974

INVESTMENT

$124,974

Down Payment
$112,475
Rehab Estimate
$5,750
Closing Costs
$6,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,660

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $112,475
Loan Amount $337,425
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$9,336

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,990

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,934

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,725
1$1,7252$1,7503$1,7994$1,9905$2,200
$2,200
RENT COMPS ANALYSIS
  • 15498 W Campbell Avenue Goodyear, AZ 4
    • 4 beds 4 baths ∙ 2,402 Sqft ∙ Built 2005 4 beds 4 baths ∙ 2,402 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,990
    • $0.83
    •  
  • 15594 W Devonshire Avenue Goodyear, AZ 1
    • 3 beds 3 baths ∙ 2,384 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,384 Sqft ∙ Built 2013
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.72
    •  
  • 15483 W Glenrosa Avenue Goodyear, AZ 2
    • 4 beds 3 baths ∙ 2,443 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,443 Sqft ∙ Built 2007
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.72
    •  
  • 16129 W Monterosa Street Goodyear, AZ 3
    • 3 beds 3 baths ∙ 2,288 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,288 Sqft ∙ Built 2013
    LEASED 03/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.79
    •  
  • 15383 W Montecito Avenue Goodyear, AZ 5
    • 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,230 Sqft ∙ Built 2006
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.99
    •  
PROPERTY LISTING DETAILS
Mary Drefs
Keller Williams Elite
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6157775
Last Updated: 11/07/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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