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PROPERTY INFO
FACTS
- Single Family
- Built In 2012
- Price/Sqft : $136.25
- 2 Days on Market
- MLS # : 6165472
- Updated Date : 11/27/2020 at 21:52
CONSTRUCTION
- Beds : 5
- Floor Size : 3,302 sqft
- Baths : 3 full , 1 half
Listing Agent
Homesmart
Listing Agent's Description
Large home on a desirable greenbelt lot in the great Goodyear community of Canyon Trails! Energy efficient property with net metered solar lease power. Home also features a central vacuum system. Two levels, with both formal and informal living rooms on main floor, half bath, & Den/bonus room on main floor has a walk in closet. Open concept kitchen is complete with stainless steel appliances, center island with breakfast bar, granite countertops and a HUGE pantry. Large loft upstairs is great for entertaining or gaming, five big bedrooms located on the top floor, and two guest bedrooms are adjoined by a full bathroom. Master bedroom has a big walk in closet, Master bath has double vanity/sink, and a unique double shower. Spacious back yard has a view of the greenbelt, desert landscaping,
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PRICE & RENT TRENDS
Neighborhood: Canyon Trails South
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Canyon Trails South
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,010 |
EXPENSES | Loan Payment | -$1,660 |
Property Tax | -$300 | |
Property Insurance | -$92 | |
HOA | -$85 | |
Property Management Fees | -$99 | |
CASH FLOW
-$225
|
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.
$449,900
PROJECTED PRICE
$2,010
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$124,974
LOAN DETAILS
$1,660
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $112,475 |
Loan Amount | $337,425 |
2.83
YEARS SAVED
$11,904
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
-
$2,394
COMP ESTIMATED VALUE -
$0.73
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Homesmart
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6165472
Last Updated: 11/27/2020

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.