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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $187.99
- 3 Days on Market
- MLS # : 6187170
- Updated Date : 01/30/2021 at 14:55
CONSTRUCTION
- Beds : 3
- Floor Size : 1,516 sqft
- Baths : 2 full
Listing Agent
West Usa Realty
Listing Agent's Description
This 3 Bedroom 2 bath home is perfect for your family. It is in a great location close freeways and shopping. As you walk in the front door you are greeted with an open feeling starting from the large kitchen leading through the great room to the perfectly landscaped backyard with a pool. Your Master bedroom is large, your en suite has a full shower and tub, walk in closet and double sinks. The 2 guest rooms are large enough so everyone can have their space in the home. Also, enjoy low utility bills with the solar panels energizing your summer. Welcome Home!!
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PRICE & RENT TRENDS
Neighborhood: Canyon Trails
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Canyon Trails
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,340 |
| EXPENSES | Loan Payment | -$990 |
| Property Tax | -$190 | |
| Property Insurance | -$57 | |
| HOA | -$61 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$57
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$285,000
PROJECTED PRICE
$1,340
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.35% |
| Appreciation Year (1-5) | 6.7% |
| Maintenance Year (1-5) | 8.00% |
| 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
$81,275
LOAN DETAILS
$990
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $71,250 |
| Loan Amount | $213,750 |
4.42
YEARS SAVED
$12,055
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
-
$1,372
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
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15777 W Latham Street Goodyear, AZ 1
- 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $0
- $0.00
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1257 N 159th Lane Goodyear, AZ 2
- 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2003
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,395
- $0.88
-
246 N 153rd Avenue Goodyear, AZ 3
- 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 2004
LEASED 03/18/20- Rent
- Rent Per SQFT
- $1,499
- $0.88
-
15899 W Diamond Street Goodyear, AZ 4
- 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2005
LEASED 06/28/20- Rent
- Rent Per SQFT
- $1,500
- $0.87
-
15841 W Latham Street Goodyear, AZ 5
- 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2004
LEASED 10/30/20- Rent
- Rent Per SQFT
- $1,695
- $0.99
PROPERTY LISTING DETAILS
West Usa Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6187170
Last Updated: 01/30/2021
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.
