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PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $204.15
- 2 Days on Market
- MLS # : 6162063
- Updated Date : 11/21/2020 at 14:03
CONSTRUCTION
- Beds : 2
- Floor Size : 1,445 sqft
- Baths : 2 full
Listing Agent
Realty One Group
Listing Agent's Description
Come see this beautiful home with a very popular floor plan, nothing to do but move in and enjoy our gorgeous Arizona Winter weather. Private yard with mature citrus trees and a tree that produces the sweetest grapefruit. Updated eat in kitchen with granite counters and under cabinet lighting. Electric appliances but stubbed for gas if you wish to change. Don't miss out on this beautiful home!
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PRICE & RENT TRENDS
Neighborhood: Pebblecreek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Pebblecreek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,430 |
| EXPENSES | Loan Payment | -$1,088 |
| Property Tax | -$287 | |
| Property Insurance | -$55 | |
| HOA | -$38 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$137
|
||
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.
$295,000
PROJECTED PRICE
$1,430
PROJECTED RENT
0.48%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.8% |
| 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
$83,925
LOAN DETAILS
$1,088
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $73,750 |
| Loan Amount | $221,250 |
3
YEARS SAVED
$8,087
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
-
$1,474
COMP ESTIMATED VALUE -
$1.02
COMP AVG. RENT PER SQFT
Comps Range
-
3081 N 147th Drive Goodyear, AZ 1
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- $0
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-
2986 N 147th Drive Goodyear, AZ 2
- 2 beds 2 baths ∙ 1,269 Sqft ∙ Built 2000 2 beds 2 baths ∙ 1,269 Sqft ∙ Built 2000
LEASED 04/17/20- Rent
- Rent Per SQFT
- $1,375
- $1.08
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14870 W Encanto Boulevard #2066 Goodyear, AZ 3
- 2 beds 2 baths ∙ 1,329 Sqft ∙ Built 2019 2 beds 2 baths ∙ 1,329 Sqft ∙ Built 2019
LEASED 04/11/20- Rent
- Rent Per SQFT
- $1,399
- $1.05
-
3329 N 142nd Drive Goodyear, AZ 4
- 2 beds 3 baths ∙ 1,446 Sqft ∙ Built 2002 2 beds 3 baths ∙ 1,446 Sqft ∙ Built 2002
LEASED 11/09/20- Rent
- Rent Per SQFT
- $1,400
- $0.97
-
15202 W Vale Drive Goodyear, AZ 5
- 2 beds 2 baths ∙ 1,641 Sqft ∙ Built 1994 2 beds 2 baths ∙ 1,641 Sqft ∙ Built 1994
LEASED 04/20/20- Rent
- Rent Per SQFT
- $1,600
- $0.98
PROPERTY LISTING DETAILS
Realty One Group
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6162063
Last Updated: 11/21/2020
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.
