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PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $188.72
- 4 Days on Market
- MLS # : 6192734
- Updated Date : 02/18/2021 at 13:22
CONSTRUCTION
- Beds : 3
- Floor Size : 3,174 sqft
- Baths : 2 full , 1 half
Listing Agent
Realty One Group
Listing Agent's Description
Absolutely stunning TW Lewis home in the desirable gated golf course community of Estrella. Beautifully designed with attention to detail this home shows like a gem. From the moment you walk through the secluded courtyard, welcomed by the outdoor fireplace perfect for entertaining you will appreciate all of the tasteful design selections. Large great room with a gorgeous fireplace perfectly situated off the gourmet kitchen that features high grade granite, loads of beautiful cabinetry, over sized pantry and cast iron wine cellar nook. Luxurious master suite with snail shower, soaking tub, dual closets & private exit to the yard. Additional bedrooms are spacious & split for privacy. The backyard is beautifully finished with a heated pool and over sized patio for relaxing.
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PRICE & RENT TRENDS
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Estrella Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,120 |
| EXPENSES | Loan Payment | -$2,081 |
| Property Tax | -$530 | |
| Property Insurance | -$89 | |
| HOA | -$57 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$735
|
||
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.
$599,000
PROJECTED PRICE
$2,120
PROJECTED RENT
0.35%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$164,485
LOAN DETAILS
$2,081
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $149,750 |
| Loan Amount | $449,250 |
0.25
YEARS SAVED
$204
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,120
LIST RENT -
$0.67
LIST RENT PER SQFT
-
$2,148
COMP ESTIMATED VALUE -
$0.68
COMP AVG. RENT PER SQFT
Comps Range
-
17931 W Narramore Road Goodyear, AZ 4
- 3 beds 3 baths ∙ 3,174 Sqft ∙ Built 2006 3 beds 3 baths ∙ 3,174 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $2,120
- $0.67
-
12428 S 179th Lane Goodyear, AZ 1
- 4 beds 2 baths ∙ 2,828 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,828 Sqft ∙ Built 2006
LEASED 06/01/20- Rent
- Rent Per SQFT
- $1,925
- $0.68
-
17604 W Copper Ridge Drive Goodyear, AZ 2
- 4 beds 2 baths ∙ 2,906 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,906 Sqft ∙ Built 2001
LEASED 09/01/19- Rent
- Rent Per SQFT
- $2,000
- $0.69
-
12749 S 179 Drive Goodyear, AZ 3
- 3 beds 2 baths ∙ 3,174 Sqft ∙ Built 2005 3 beds 2 baths ∙ 3,174 Sqft ∙ Built 2005
LEASED 05/15/20- Rent
- Rent Per SQFT
- $2,100
- $0.66
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6192734
Last Updated: 02/18/2021
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.
