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PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $190.91
- 1 Days on Market
- MLS # : 6185130
- Updated Date : 01/24/2021 at 01:43
CONSTRUCTION
- Beds : 5
- Floor Size : 2,771 sqft
- Baths : 3 full
Listing Agent
A.z. & Associates
Listing Agent's Description
Stunning almost new 2020 home has 5bed/3bath + den is available in the desirable Estrella Mountain Ranch! Great curb appeal, w/ 3 car garage, leads you into the must see interior w/ an open concept floorplan. Tasteful upgrades include beautiful staggered tile flooring, 9' ceilings, 12' tray ceilings in kitchen & master, custom wood accent walls, & plantation shutters. Luxorious kitchen will impress w/ subway tile backsplash, granite countertops, SS appliances, gas cooktop, range hood, ample counterspace, beverage bar, huge center island w/ breakfast bar seating, & oversized pantry. Incredible master suite includes en suite w/ his & her vanities, soaking tub, & separate glass framed shower. The gorgeous backyard is complete with covered paver patio, turf, travertine, & cool misting system!
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PRICE & RENT TRENDS
Zip Code: 85338
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 85338
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,270 |
| EXPENSES | Loan Payment | -$1,837 |
| Property Tax | -$468 | |
| Property Insurance | -$81 | |
| HOA | -$36 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$251
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$529,000
PROJECTED PRICE
$2,270
PROJECTED RENT
0.43%
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) | 3.00% |
| 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
$142,185
LOAN DETAILS
$1,837
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $132,250 |
| Loan Amount | $396,750 |
2.92
YEARS SAVED
$12,202
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,270
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$2,224
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
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- 4 beds 2 baths ∙ 2,635 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,635 Sqft ∙ Built 2006
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14271 S 181st Drive Goodyear, AZ 2
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LEASED 05/22/20- Rent
- Rent Per SQFT
- $2,095
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-
15244 S 183rd Avenue Goodyear, AZ 3
- 4 beds 3 baths ∙ 2,470 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,470 Sqft ∙ Built 2017
LEASED 08/06/20- Rent
- Rent Per SQFT
- $2,150
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18408 W Mountain Sky Avenue Goodyear, AZ 5
- 5 beds 3 baths ∙ 2,800 Sqft ∙ Built 2020 5 beds 3 baths ∙ 2,800 Sqft ∙ Built 2020
LEASED 12/31/20- Rent
- Rent Per SQFT
- $2,350
- $0.84
PROPERTY LISTING DETAILS
A.z. & Associates
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6185130
Last Updated: 01/24/2021
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.
