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PROPERTY INFO
FACTS
- Single Family
- Built In 2002
- Price/Sqft : $215.27
- 3 Days on Market
- MLS # : 6175174
- Updated Date : 01/01/2021 at 08:15
CONSTRUCTION
- Beds : 3
- Floor Size : 1,277 sqft
- Baths : 2 full
Listing Agent
My Home Group Real Estate
Listing Agent's Description
Beautiful highly upgraded home in the Villagio Gated Community. Original owner built home with many upgrades and has continued to upgrade throughout ownership. Cherry cabinets, custom paint, upgraded flooring, lighting fixtures, kitchen appliances, and custom iron gates on front and rear doors. Back yard paradise includes wooden pergola, flagstone patios and walkways, built in fire pit, gas grill attached to plumbed gas line and speakers wired from inside.
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PRICE & RENT TRENDS
Neighborhood: Palm Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Palm Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$1,014 |
| Property Tax | -$230 | |
| Property Insurance | -$52 | |
| HOA | -$37 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$28
|
||
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.
$274,900
PROJECTED PRICE
$1,460
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 5.2% |
| 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
$78,599
LOAN DETAILS
$1,014
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $68,725 |
| Loan Amount | $206,175 |
5.67
YEARS SAVED
$20,316
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$1.14
LIST RENT PER SQFT
-
$1,334
COMP ESTIMATED VALUE -
$1.05
COMP AVG. RENT PER SQFT
Comps Range
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3344 N 143rd Lane Goodyear, AZ 4
- 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 2002
![property image]()
- Rent
- Rent Per SQFT
- $1,460
- $1.14
-
3538 N 143rd Lane Goodyear, AZ 1
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LEASED 04/10/20- Rent
- Rent Per SQFT
- $1,250
- $0.99
-
14281 W Lexington Avenue Goodyear, AZ 2
- 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,277 Sqft ∙ Built 2001
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LEASED 03/25/20- Rent
- Rent Per SQFT
- $1,295
- $1.01
-
14833 W Ashland Avenue Goodyear, AZ 3
- 3 beds 3 baths ∙ 1,262 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,262 Sqft ∙ Built 2006
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LEASED 07/24/20- Rent
- Rent Per SQFT
- $1,375
- $1.09
-
14855 W Ashland Avenue Goodyear, AZ 5
- 3 beds 3 baths ∙ 1,374 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,374 Sqft ∙ Built 2006
![property image]()
LEASED 06/20/20- Rent
- Rent Per SQFT
- $1,500
- $1.09
PROPERTY LISTING DETAILS
My Home Group Real Estate
1.866.250.5610
Mynd Property Management
LC664597000
MLS #: 6175174
Last Updated: 01/01/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
