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17630 W Desert View Lane Goodyear, AZ 85338

3 Beds 2 Baths 1,959 sqft Built 2004

$349,900

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $178.61
  • 6 Days on Market
  • MLS # : 6203264
  • Updated Date : 03/11/2021 at 18:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,959 sqft
  • Baths : 2 full
Listing Agent

West Usa Realty

Listing Agent's Description

Don't miss this incredible 3 bed/2 bath home with separate enclosed den/office. Located in the highly sought after community of Estrella Mountain Ranch. Excellent community with superb amenities including, golf, tennis, lakes, pools, 2 clubhouses with work out areas and more... An abundance of natural light throughout. Plantation shutters, new AC unit [less than one year old]. Remodeled open concept kitchen. Check out the updated items list.This home will go fast. Priced to sell. Approximately 15 minutes to the I-10 or 303 freeways. 50+ miles of hiking and biking trails. Locally owned restaurants with lake side or golf course views.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Estrella Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Estrella Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* 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
Estrella Foothills High School High Regular 1,037 43 5

Estrella Foothills High School

  • Education Level: High
  • # of students: 1,037
  • # of teachers: 43
5
GreatSchools Rating
 

$314,910$384,890$349,900

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$1,215
Property Tax -$309
Property Insurance -$65
HOA -$111
Property Management Fees -$99
CASH FLOW
-$280

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.

$349,900

PROJECTED PRICE

$1,520

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.3%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,474

INVESTMENT

$98,474

Down Payment
$87,475
Rehab Estimate
$5,750
Closing Costs
$5,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,215

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $87,475
Loan Amount $262,425
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,112

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
  • $1,641

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,4553$1,4754$1,6505$1,800
$1,800
RENT COMPS ANALYSIS
  • 17630 W Desert View Lane Goodyear, AZ 1
    • 3 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17688 W Buckhorn Drive Goodyear, AZ 2
    • 3 beds 2 baths ∙ 1,848 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,848 Sqft ∙ Built 2004
    LEASED 01/29/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,455
    • $0.79
    •  
  • 17625 W Eastwind Avenue Goodyear, AZ 3
    • 3 beds 2 baths ∙ 1,836 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,836 Sqft ∙ Built 2003
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.80
    •  
  • 13221 S 176th Avenue Goodyear, AZ 4
    • 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.84
    •  
  • 13326 S 176th Avenue Goodyear, AZ 5
    • 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,959 Sqft ∙ Built 2004
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.92
    •  
PROPERTY LISTING DETAILS
Susan K Skaar
West Usa Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203264
Last Updated: 03/11/2021
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.

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