Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $169.93
- 2 Days on Market
- MLS # : 6174591
- Updated Date : 12/26/2020 at 15:34
CONSTRUCTION
- Beds : 4
- Floor Size : 2,754 sqft
- Baths : 2 full , 1 half
Listing Agent
Exp Realty
Listing Agent's Description
Well cared for single level TW Lewis home.Low maintenance desert front landscaping with 3 car garage. Welcoming interior includes 4 bed, 2.5 bath, living /dining area, archways throughout, and oversized windows that bring in an abundance of natural light. Gourmet eat-in kitchen complete with tile backsplash, kitchen island, maple cabinetry, and stainless steel appliances. Large double door master suite with spacious walk-in closet, elegant full bath with dual sinks, garden tub, step-in shower, and a private exit to your newly renovated mini pebble tech pool and spa with new in-floor cleaning system and channel drains. Backyard also includes a large covered patio with storm doors and a built-in BBQ island.
SEE MORE
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 | -$1,727 |
| Property Tax | -$414 | |
| Property Insurance | -$81 | |
| HOA | -$37 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$237
|
||
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.
$468,000
PROJECTED PRICE
$2,120
PROJECTED RENT
0.45%
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
$129,770
LOAN DETAILS
$1,727
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $117,000 |
| Loan Amount | $351,000 |
2.67
YEARS SAVED
$11,802
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
-
$1,942
COMP ESTIMATED VALUE -
$0.71
COMP AVG. RENT PER SQFT
Comps Range
-
18306 W Piedmont Road Goodyear, AZ 1
- 4 beds 3 baths ∙ 2,754 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,754 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $0
- $0.00
-
18350 W La Mirada Drive Goodyear, AZ 2
- 4 beds 3 baths ∙ 2,461 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,461 Sqft ∙ Built 2003
LEASED 07/15/20- Rent
- Rent Per SQFT
- $1,800
- $0.73
-
10183 S 184th Drive Goodyear, AZ 3
- 3 beds 2 baths ∙ 2,563 Sqft ∙ Built 1999 3 beds 2 baths ∙ 2,563 Sqft ∙ Built 1999
LEASED 12/17/20- Rent
- Rent Per SQFT
- $1,895
- $0.74
-
18475 W Sweet Acacia Drive Goodyear, AZ 4
- 4 beds 3 baths ∙ 2,946 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,946 Sqft ∙ Built 2004
LEASED 03/14/20- Rent
- Rent Per SQFT
- $1,900
- $0.64
-
17806 W Paseo Way Goodyear, AZ 5
- 3 beds 2 baths ∙ 2,806 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,806 Sqft ∙ Built 2004
LEASED 06/04/20- Rent
- Rent Per SQFT
- $2,000
- $0.71
PROPERTY LISTING DETAILS
Exp Realty
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6174591
Last Updated: 12/26/2020
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.
