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PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $152.60
- 4 Days on Market
- MLS # : 6183132
- Updated Date : 01/22/2021 at 22:02
CONSTRUCTION
- Beds : 4
- Floor Size : 2,424 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty Sonoran Living
Listing Agent's Description
Welcome to Sunchase at Estrella Mountain. This beautiful 4 bed 2 bath home is just what you have been waiting for. Your new kitchen comes equipped with granite counters, SS appliances, & a built in office. With recently remodeled bathrooms, new base boards, a split floor plan, & plantation shutters throughout, this one is move in ready! Enjoy economical electric bills year round with an efficient dual AC & APS owned solar panels. Schedule your showing today as this one will be gone quick!
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PRICE & RENT TRENDS
Neighborhood: Sunchase at Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sunchase at Estrella
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,730 |
| EXPENSES | Loan Payment | -$1,285 |
| Property Tax | -$277 | |
| Property Insurance | -$74 | |
| HOA | -$104 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$109
|
||
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.
$369,900
PROJECTED PRICE
$1,730
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.5% |
| 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
$103,774
LOAN DETAILS
$1,285
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $92,475 |
| Loan Amount | $277,425 |
3.5
YEARS SAVED
$11,147
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,730
LIST RENT -
$0.71
LIST RENT PER SQFT
-
$1,830
COMP ESTIMATED VALUE -
$0.76
COMP AVG. RENT PER SQFT
Comps Range
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18489 W Capistrano Avenue Goodyear, AZ 2
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- Rent
- Rent Per SQFT
- $1,730
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10241 S 185th Drive Goodyear, AZ 1
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LEASED 05/01/20- Rent
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- $1,600
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- 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 4
- 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
-
18359 W Sweet Acacia Drive Goodyear, AZ 5
- 3 beds 2 baths ∙ 2,447 Sqft ∙ Built 2003 3 beds 2 baths ∙ 2,447 Sqft ∙ Built 2003
LEASED 03/01/20- Rent
- Rent Per SQFT
- $2,000
- $0.82
PROPERTY LISTING DETAILS
Keller Williams Realty Sonoran Living
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6183132
Last Updated: 01/22/2021
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.
