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16793 W Hilton Avenue Goodyear, AZ 85338

4 Beds 4 Baths 3,193 sqft Built 2012

$460,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

December 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $144.07
  • 7 Days on Market
  • MLS # : 6175031
  • Updated Date : 12/29/2020 at 13:02
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,193 sqft
  • Baths : 3 full , 1 half
Listing Agent

Home Buddy, Llc

Listing Agent's Description

Amazing 4 bedroom, 3.5 bathroom property in Goodyear! This wonderful single level offers mature landscaping, great curb appeal! Gourmet kitchen showcases stainless steel appliances, staggered maple cabinets, walk-in pantry, granite countertops, and center island w/ breakfast bar. Large master suite has bay window, carpet, bountiful walk-in closet, and lavish bath with separate tub/shower & his/hers sinks. Stunning backyard is an entertainer's dream featuring covered patio, built-in BBQ, fire pit w/concrete bench, personal putting green, sparkling pool, and spa, as well as a retractable awning. Enjoy living in a fabulous home w/resort-like amenities! With owned solar on top of everything else you save an average of $1,500 a year on your power bill! Call us today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Canyon Trails South

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Canyon Trails South

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10101981

* 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
Copper Trails School Primary Regular 922 39 6
Copper Trails School Middle Regular 922 39 6
Verrado High School High Regular 1,855 74 4

Copper Trails School

  • Education Level: Primary
  • # of students: 922
  • # of teachers: 39
6
GreatSchools Rating

Copper Trails School

  • Education Level: Middle
  • # of students: 922
  • # of teachers: 39
6
GreatSchools Rating

Verrado High School

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

$414,000$506,000$460,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,697
Property Tax -$307
Property Insurance -$89
HOA -$85
Property Management Fees -$99
CASH FLOW
-$167

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.

$460,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$127,650

INVESTMENT

$127,650

Down Payment
$115,000
Rehab Estimate
$5,750
Closing Costs
$6,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,697

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $115,000
Loan Amount $345,000
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$16,385

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
  • $1,841

    COMP ESTIMATED VALUE
  • $0.58

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6503$1,6504$1,750
$1,750
RENT COMPS ANALYSIS
  • 16793 W Hilton Avenue Goodyear, AZ 1
    • 4 beds 4 baths ∙ 3,193 Sqft ∙ Built 2012 4 beds 4 baths ∙ 3,193 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 33 N 169th Drive Goodyear, AZ 2
    • 5 beds 3 baths ∙ 2,929 Sqft ∙ Built 2006 5 beds 3 baths ∙ 2,929 Sqft ∙ Built 2006
    LEASED 07/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.56
    •  
  • 17250 W Watkins Street Goodyear, AZ 3
    • 4 beds 3 baths ∙ 2,876 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,876 Sqft ∙ Built 2004
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.57
    •  
  • 17359 W Jackson Street Goodyear, AZ 4
    • 4 beds 3 baths ∙ 2,902 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,902 Sqft ∙ Built 2006
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.60
    •  
PROPERTY LISTING DETAILS
Nathanial Wright
Home Buddy, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6175031
Last Updated: 12/29/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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