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15634 W Hilton Avenue Goodyear, AZ 85338

3 Beds 2 Baths 1,575 sqft Built 1996

$310,000

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1996
  • Price/Sqft : $196.83
  • 5 Days on Market
  • MLS # : 6154205
  • Updated Date : 10/30/2020 at 17:28
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,575 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty Phoenix

Listing Agent's Description

Located in the fastest growing city of Goodyear this home has it all! RECENTLY REMODELED GORGEOUS chef's kitchen is ready to entertain! Upgraded cabinets, newer gas range, farmers sink, sky window in living room, exterior freshly painted, newer windows and slider, newer LED ceiling fans, newer AC unit & hot water heater, hot water circulator pump, RV GATE & 30amp outlet for RV's, 2 outdoor walk-in storage sheds, and plenty of space to store your toys! Enjoy the sparkling pool! Pool has a newer gas heater, variable speed pool pump and cartridge filter. Spacious yard & play grass area! NO neighbors behind you! Outdoor gazebo & bar area w/ bar top seating for 3, electric and water perfect for entertaining! Walking distance to spring training and NO HOA! CLICK ON VIDEO! 2ND PHOTO IS VIDEO

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Estrella Vista

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $83k302k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Estrella Vista

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8621646

* 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
Desert Star School Primary Regular 710 30 5
Desert Star School Middle Regular 710 30 5
Desert Edge High School High Regular 1,744 80 3

Desert Star School

  • Education Level: Primary
  • # of students: 710
  • # of teachers: 30
5
GreatSchools Rating

Desert Star School

  • Education Level: Middle
  • # of students: 710
  • # of teachers: 30
5
GreatSchools Rating

Desert Edge High School

  • Education Level: High
  • # of students: 1,744
  • # of teachers: 80
3
GreatSchools Rating
 

$279,000$341,000$310,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$1,144
Property Tax -$207
Property Insurance -$58
Property Management Fees -$99
CASH FLOW
-$97

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.

$310,000

PROJECTED PRICE

$1,410

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 7.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$87,900

INVESTMENT

$87,900

Down Payment
$77,500
Rehab Estimate
$5,750
Closing Costs
$4,650

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,144

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $77,500
Loan Amount $232,500
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$13,838

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,536

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,365
1$1,3652$1,4003$1,4104$1,5005$1,650
$1,650
RENT COMPS ANALYSIS
  • 15634 W Hilton Avenue Goodyear, AZ 3
    • 3 beds 2 baths ∙ 1,575 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,575 Sqft ∙ Built 1996
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.90
    •  
  • 15934 W Kendall Street Goodyear, AZ 1
    • 4 beds 2 baths ∙ 1,570 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,570 Sqft ∙ Built 2003
    property image
    LEASED 02/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,365
    • $0.87
    •  
  • 15572 W Durango Street Goodyear, AZ 2
    • 3 beds 3 baths ∙ 1,447 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,447 Sqft ∙ Built 2003
    property image
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.97
    •  
  • 2419 S 159th Lane Goodyear, AZ 4
    • 4 beds 2 baths ∙ 1,570 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,570 Sqft ∙ Built 2004
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.96
    •  
  • 2637 W 156th Avenue Goodyear, AZ 5
    • 3 beds 2 baths ∙ 1,502 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,502 Sqft ∙ Built 1996
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.10
    •  
PROPERTY LISTING DETAILS
Rosalinda O'hare
Keller Williams Realty Phoenix
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6154205
Last Updated: 10/30/2020
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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