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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $200.76
- 2 Days on Market
- MLS # : 6200277
- Updated Date : 02/27/2021 at 20:44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,320 sqft
- Baths : 2 full
Listing Agent
Mojica & Associates Real Estate
Listing Agent's Description
Goodyear Gem! 3 bed 2 bath home, RV Gate with a large side yard! New Paint and new flooring will revive this home! Sits in a quiet cul de sac street! Custom doors to the back yard. Full length covered patio and plenty of yard space!
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PRICE & RENT TRENDS
Neighborhood: Wildflower Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Wildflower Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,290 |
| EXPENSES | Loan Payment | -$920 |
| Property Tax | -$193 | |
| Property Insurance | -$53 | |
| HOA | -$55 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$30
|
||
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.
$265,000
PROJECTED PRICE
$1,290
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.32% |
| Appreciation Year (1-5) | 7.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.56% |
| 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
$75,975
LOAN DETAILS
$920
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $66,250 |
| Loan Amount | $198,750 |
4.58
YEARS SAVED
$12,256
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
-
$1,379
COMP ESTIMATED VALUE -
$1.05
COMP AVG. RENT PER SQFT
Comps Range
-
15832 W Woodlands Avenue Goodyear, AZ 1
- 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $0
- $0.00
-
15290 W Jackson Street Goodyear, AZ 2
- 3 beds 2 baths ∙ 1,271 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,271 Sqft ∙ Built 2005
LEASED 05/22/20- Rent
- Rent Per SQFT
- $1,275
- $1.00
-
16056 W Madison Street Goodyear, AZ 3
- 3 beds 2 baths ∙ 1,262 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,262 Sqft ∙ Built 1999
LEASED 05/22/20- Rent
- Rent Per SQFT
- $1,295
- $1.03
-
16115 W Adams Street Goodyear, AZ 4
- 3 beds 2 baths ∙ 1,262 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,262 Sqft ∙ Built 1999
LEASED 01/26/21- Rent
- Rent Per SQFT
- $1,395
- $1.11
-
16177 W Monroe Street Goodyear, AZ 5
- 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 2000
LEASED 02/01/21- Rent
- Rent Per SQFT
- $1,500
- $1.04
PROPERTY LISTING DETAILS
Mojica & Associates Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6200277
Last Updated: 02/27/2021
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.
