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15644 W Campbell Avenue Goodyear, AZ 85395

3 Beds 3 Baths 2,838 sqft Built 2012

$463,000

List Price

$2,160

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $163.14
  • 2 Days on Market
  • MLS # : 6179055
  • Updated Date : 01/09/2021 at 17:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,838 sqft
  • Baths : 2 full , 1 half
Listing Agent

My Home Group Real Estate

Listing Agent's Description

Inviting curb appeal for this charming 3 bed, 2.5 bath, single-story home. Formal dining. Tile floors throughout the main level. Spacious open floor plan for the kitchen, dining and family room. The eat-in kitchen has a plethora of custom cabinets, beautiful granite counter & backsplash, electric cooktop, wall mount oven & microwave, island has breakfast bar seating. Powder room off main living area. Large loft has many possibilities! Laundry is conveniently located upstairs. Sizable bedrooms have plush carpeting & ceiling fans. The master has a full bath and walk-in closet. The backyard is a great entertaining space, with a covered patio, extended brick paver patio, firepit, built-in BBQ, and conversation area. Close to shopping, dining and the I-10.

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
Mabel Padgett Elementary School Primary Regular 868 38 8
Verrado Middle School Middle Regular 1,060 42 8
Millennium High School High Regular 2,205 94 4

Mabel Padgett Elementary School

  • Education Level: Primary
  • # of students: 868
  • # of teachers: 38
8
GreatSchools Rating

Verrado Middle School

  • Education Level: Middle
  • # of students: 1,060
  • # of teachers: 42
8
GreatSchools Rating

Millennium High School

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

$416,700$509,300$463,000

PURCHASE PRICE

$1,944$2,376$2,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,160
EXPENSES Loan Payment -$1,608
Property Tax -$411
Property Insurance -$82
HOA -$24
Property Management Fees -$99
CASH FLOW
-$64

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.

$463,000

PROJECTED PRICE

$2,160

PROJECTED RENT

0.47%

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$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$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$128,445

INVESTMENT

$128,445

Down Payment
$115,750
Rehab Estimate
$5,750
Closing Costs
$6,945

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,608

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $115,750
Loan Amount $347,250
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$19,275

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,160

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,980

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$1,850
1$1,8502$2,0003$2,1004$2,1605$2,275
$2,275
RENT COMPS ANALYSIS
  • 15644 W Campbell Avenue Goodyear, AZ 4
    • 3 beds 3 baths ∙ 2,838 Sqft ∙ Built 2012 3 beds 3 baths ∙ 2,838 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $2,160
    • $0.76
    •  
  • 15670 W Monterosa Street Goodyear, AZ 1
    • 4 beds 4 baths ∙ 2,807 Sqft ∙ Built 2007 4 beds 4 baths ∙ 2,807 Sqft ∙ Built 2007
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.66
    •  
  • 15672 W Devonshire Avenue Goodyear, AZ 2
    • 4 beds 4 baths ∙ 2,807 Sqft ∙ Built 2007 4 beds 4 baths ∙ 2,807 Sqft ∙ Built 2007
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.71
    •  
  • 15576 W Montecito Avenue Goodyear, AZ 3
    • 4 beds 3 baths ∙ 3,083 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,083 Sqft ∙ Built 2006
    LEASED 01/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.68
    •  
  • 4280 N 157th Avenue Goodyear, AZ 5
    • 4 beds 3 baths ∙ 3,083 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,083 Sqft ∙ Built 2006
    LEASED 10/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,275
    • $0.74
    •  
PROPERTY LISTING DETAILS
Lisa Hulbert-herland
My Home Group Real Estate
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6179055
Last Updated: 01/09/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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