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15786 W Amelia Drive Goodyear, AZ 85395

2 Beds 2 Baths 1,449 sqft Built 1996

$310,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $213.94
  • 3 Days on Market
  • MLS # : 6187057
  • Updated Date : 01/29/2021 at 03:48
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,449 sqft
  • Baths : 2 full
Listing Agent

The Rodney Jackson Company

Listing Agent's Description

Super clean and ready to go. $310K appraisal on file in Doc section of MLS. This is the only house on the market in Pebblecreek under $365K as of the listing date. This house will not last. This pretty home packs a lot of punch. Nice kitchen with granite counter and stainless appliances help to highlight this home which also boast a large living room that opens up to the spacious dining and kitchen. Both bedrooms are good spacious. This the Sonora model with 2 bedroom and no office. Situated on a large lot and great condition and priced right means this one will go quickly. Availability in Pebblecreek is low, and non existent today in this price range. Floor plan in Doc section of MLS

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pebblecreek

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $122k405k

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

Neighborhood: Pebblecreek

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
Verrado High School High Regular 1,855 74 4

Verrado High School

  • Education Level: High
  • # of students: 1,855
  • # of teachers: 74
4
GreatSchools Rating
 

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

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,077
Property Tax -$301
Property Insurance -$55
HOA -$38
Property Management Fees -$99
CASH FLOW
-$50

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

$1,520

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 4.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$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$100k$200k$300k$400k$500k$600k$700k$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.

$1,077

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $77,500
Loan Amount $232,500
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$12,027

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,520

    LIST RENT
  • $1.05

    LIST RENT PER SQFT
  • $1,518

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,5203$1,6004$1,8005$1,950
$1,950
RENT COMPS ANALYSIS
  • 15786 W Amelia Drive Goodyear, AZ 2
    • 2 beds 2 baths ∙ 1,449 Sqft ∙ Built 1996 2 beds 2 baths ∙ 1,449 Sqft ∙ Built 1996
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,520
    • $1.05
    •  
  • 2986 N 147th Drive Goodyear, AZ 1
    • 2 beds 2 baths ∙ 1,269 Sqft ∙ Built 2000 2 beds 2 baths ∙ 1,269 Sqft ∙ Built 2000
    property image
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $1.08
    •  
  • 15202 W Vale Drive Goodyear, AZ 3
    • 2 beds 2 baths ∙ 1,641 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,641 Sqft ∙ Built 1994
    property image
    LEASED 04/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.98
    •  
  • 15815 W Windsor Avenue Goodyear, AZ 4
    • 2 beds 3 baths ∙ 1,783 Sqft ∙ Built 2012 2 beds 3 baths ∙ 1,783 Sqft ∙ Built 2012
    property image
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.01
    •  
  • 3963 N 163rd Lane Goodyear, AZ 5
    • 2 beds 2 baths ∙ 1,739 Sqft ∙ Built 2014 2 beds 2 baths ∙ 1,739 Sqft ∙ Built 2014
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $1.12
    •  
PROPERTY LISTING DETAILS
Rodney Jackson
The Rodney Jackson Company
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187057
Last Updated: 01/29/2021
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. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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