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

16747 W Taylor Street Goodyear, AZ 85338

3 Beds 2 Baths 1,450 sqft Built 2001

$290,000

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $200.00
  • 2 Days on Market
  • MLS # : 6203439
  • Updated Date : 03/07/2021 at 05:56
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,450 sqft
  • Baths : 2 full
Listing Agent

A.z. & Associates

Listing Agent's Description

Great opportunity to own a Beautiful home in fantastic Canyon Trails!*Wonderful Home has 3 bedrooms and 2 full baths*Spacious Great Room with Designer paint & lots of natural light**vaulted ceilings**The kitchen features all the essential appliances, ample cabinetry, and a peninsula w/breakfast bar that adds counter space.**Over Sized Master bedroom has a full en-suite with double sinks, soaking tub, step-in shower, and walk-in closet**Split Floor Plan**Ceiling Fans Throughout**Good sized backyard boasts a covered patio to relax while enjoying your favorite beverage and extended pavers perfect for sunbathing,You will love it! Perfect for Entertaining with Family and Friends!**Hurry to book a showing before it's too late!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Canyon Trails

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $99k302k

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

Neighborhood: Canyon Trails

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29501000105011001150120012501300135014001450150015501600Rent in $9311646

* 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
 

$261,000$319,000$290,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$1,007
Property Tax -$188
Property Insurance -$55
HOA -$65
Property Management Fees -$99
CASH FLOW
-$5

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.

$290,000

PROJECTED PRICE

$1,410

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

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$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,600

INVESTMENT

$82,600

Down Payment
$72,500
Rehab Estimate
$5,750
Closing Costs
$4,350

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,007

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,500
Loan Amount $217,500
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$16,433

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,403

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4103$1,4254$1,5205$1,550
$1,550
RENT COMPS ANALYSIS
  • 16747 W Taylor Street Goodyear, AZ 2
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.97
    •  
  • 384 N 169th Avenue Goodyear, AZ 1
    • 3 beds 3 baths ∙ 1,418 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,418 Sqft ∙ Built 2008
    LEASED 10/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.98
    •  
  • 610 N 167th Drive Goodyear, AZ 3
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2002
    LEASED 03/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.98
    •  
  • 337 N 166th Lane Goodyear, AZ 4
    • 3 beds 3 baths ∙ 1,612 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,612 Sqft ∙ Built 2001
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,520
    • $0.94
    •  
  • 16590 W Taylor Street Goodyear, AZ 5
    • 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2002
    LEASED 01/07/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.97
    •  
PROPERTY LISTING DETAILS
Susan Nevel
A.z. & Associates
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203439
Last Updated: 03/07/2021
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.

BESbswy