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PROPERTY INFO
FACTS
- Single Family
- Built In 1999
- Price/Sqft : $236.18
- 2 Days on Market
- MLS # : 6190910
- Updated Date : 02/06/2021 at 20:08
CONSTRUCTION
- Beds : 3
- Floor Size : 1,266 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Beautiful remodeled home located in a Cul de Sac within WildFlower Ranch Community in Goodyear. This home features new Luxury Vinyl Plank flooring throughout the home, new carpet in bedrooms, matching Quartz countertops in Kitchen and Bathrooms, stainless steel appliances, Gas Range oven, LED lights thought the house, Just painted inside and out, storage cabinet in the garage and windows sunscreen.
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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 | $1,250 |
| EXPENSES | Loan Payment | -$1,039 |
| Property Tax | -$218 | |
| Property Insurance | -$52 | |
| HOA | -$5 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$162
|
||
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.
$299,000
PROJECTED PRICE
$1,250
PROJECTED RENT
0.42%
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
$84,985
LOAN DETAILS
$1,039
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $74,750 |
| Loan Amount | $224,250 |
2.67
YEARS SAVED
$6,267
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,313
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
-
16116 W Washington Street Goodyear, AZ 1
- 3 beds 2 baths ∙ 1,266 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,266 Sqft ∙ Built 1999
- Rent
- Rent Per SQFT
- $0
- $0.00
-
16056 W Madison Street Goodyear, AZ 2
- 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
-
16176 W Adams Street Goodyear, AZ 3
- 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 2000
LEASED 02/15/20- Rent
- Rent Per SQFT
- $1,395
- $0.97
-
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
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6190910
Last Updated: 02/06/2021
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.
