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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $190.74
- 2 Days on Market
- MLS # : 6199433
- Updated Date : 03/13/2021 at 18:37
CONSTRUCTION
- Beds : 4
- Floor Size : 1,620 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Here is that popular, 4 bedroom floor plan you have been searching for. When you drive up to the home, you'll immediately notice the key features of the location. A cul de sac block, the community park just a couple doors down, and the oversized corner lot with the desirable double gate. It's the perfect spot for your toys! Once inside, you'll love the soaring, vaulted ceilings. They give this home a wonderful open feeling. You'll love how the kitchen opens to the great room. It's perfect for entertaining friends and family. The owners suite is separate from the other bedrooms. Perfect for privacy. Some extras include updated flooring, refreshed kitchen cabinets, granite counters and so much more. Conveniently located close to schools, shopping and easy freeway access.
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PRICE & RENT TRENDS
Neighborhood: Glen River at Canyon Trails
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Glen River at Canyon Trails
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,380 |
| EXPENSES | Loan Payment | -$1,073 |
| Property Tax | -$200 | |
| Property Insurance | -$59 | |
| HOA | -$80 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$131
|
||
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.
$309,000
PROJECTED PRICE
$1,380
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$87,635
LOAN DETAILS
$1,073
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $77,250 |
| Loan Amount | $231,750 |
3.33
YEARS SAVED
$8,364
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,380
LIST RENT -
$0.85
LIST RENT PER SQFT
-
$1,466
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
-
16832 W Roosevelt Street Goodyear, AZ 1
- 4 beds 2 baths ∙ 1,620 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,620 Sqft ∙ Built 2008
![property image]()
- Rent
- Rent Per SQFT
- $1,380
- $0.85
-
16674 W Moreland Street Goodyear, AZ 2
- 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2001
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LEASED 07/13/20- Rent
- Rent Per SQFT
- $1,420
- $0.89
-
16833 W Roosevelt Street Goodyear, AZ 3
- 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 2007
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LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,450
- $0.86
-
16621 W Belleview Street Goodyear, AZ 4
- 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 2003
![property image]()
LEASED 11/15/20- Rent
- Rent Per SQFT
- $1,495
- $0.94
-
16790 W Fillmore Street Goodyear, AZ 5
- 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2001
![property image]()
LEASED 11/01/20- Rent
- Rent Per SQFT
- $1,595
- $0.93
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6199433
Last Updated: 03/13/2021
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.
