Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $172.64
- 3 Days on Market
- MLS # : 6176227
- Updated Date : 01/01/2021 at 21:14
CONSTRUCTION
- Beds : 3
- Floor Size : 2,288 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Home Sweet Home! Ready to move-in home. House has an open concept layout with ample space for entertaining guests. Kitchen includes stainless steel appliances (gas stove, microwave, dishwasher) a huge center island with granite countertops, a plethora of dark color cabinetry. Beautiful tile flooring throughout the main living areas of the home, bedrooms have plush carpeting. The guest bathroom is complete with dual vanity and shower/tub combo. Master bedroom includes a separate tub/shower and huge dual vanity with plenty of cabinetry. The easy low maintenance backyard has an extended patio for extra seating and room for garden. Garage floors epoxy covered for easy cleaning. Don't delay and see this one today!
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Palm Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Palm Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,940 |
| EXPENSES | Loan Payment | -$1,457 |
| Property Tax | -$350 | |
| Property Insurance | -$72 | |
| HOA | -$24 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$63
|
||
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.
$395,000
PROJECTED PRICE
$1,940
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$110,425
LOAN DETAILS
$1,457
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $98,750 |
| Loan Amount | $296,250 |
4.42
YEARS SAVED
$20,030
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
-
$1,745
COMP ESTIMATED VALUE -
$0.76
COMP AVG. RENT PER SQFT
Comps Range
-
16189 W Monterosa Street Goodyear, AZ 1
- 3 beds 3 baths ∙ 2,288 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,288 Sqft ∙ Built 2015
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
15561 W Westview Drive Goodyear, AZ 2
- 3 beds 2 baths ∙ 2,197 Sqft ∙ Built 2007 3 beds 2 baths ∙ 2,197 Sqft ∙ Built 2007
![property image]()
LEASED 02/29/20- Rent
- Rent Per SQFT
- $1,695
- $0.77
-
4268 N 157th Avenue Goodyear, AZ 3
- 3 beds 2 baths ∙ 2,197 Sqft ∙ Built 2006 3 beds 2 baths ∙ 2,197 Sqft ∙ Built 2006
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,695
- $0.77
-
15594 W Devonshire Avenue Goodyear, AZ 4
- 3 beds 3 baths ∙ 2,384 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,384 Sqft ∙ Built 2013
![property image]()
LEASED 06/10/20- Rent
- Rent Per SQFT
- $1,725
- $0.72
-
16129 W Monterosa Street Goodyear, AZ 5
- 3 beds 3 baths ∙ 2,288 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,288 Sqft ∙ Built 2013
![property image]()
LEASED 03/31/20- Rent
- Rent Per SQFT
- $1,799
- $0.79
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6176227
Last Updated: 01/01/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
