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4210 N 150th Avenue Goodyear, AZ 85395

4 Beds 4 Baths 3,008 sqft Built 2010

$395,000

List Price

$2,130

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $131.32
  • 3 Days on Market
  • MLS # : 6187094
  • Updated Date : 01/29/2021 at 04:31
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,008 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty One Group

Listing Agent's Description

This home has it all ! Large 2 story in a private cul-de-sac right off the green belt and with access to local parks. This house has something for the entire family plus your pets. The house has a clean open concept upon entry with high ceilings. The master bedroom is downstairs with attached bathroom what duel sinks, separate tub and shower and a large walk in closet. The upstairs has 3 additional bedrooms 2 baths and 2 loft areas for entrainment and office space. The larger loft is central to all the upstairs bedrooms. The carpet is in excellent condition throughout the house. The backyard is very clean and well maintained with fruit trees. The home is eco-friendly with a tankless gas water heater, radient roofing, smart home thermostat ( echo bees) and can be solar ready.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Palm Valley

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k369k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Palm Valley

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10451981

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Millennium High School High Regular 2,205 94 4

Millennium High School

  • Education Level: High
  • # of students: 2,205
  • # of teachers: 94
4
GreatSchools Rating
 

$355,500$434,500$395,000

PURCHASE PRICE

$1,917$2,343$2,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,130
EXPENSES Loan Payment -$1,372
Property Tax -$352
Property Insurance -$86
HOA -$21
Property Management Fees -$99
CASH FLOW
$201

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.

$395,000

PROJECTED PRICE

$2,130

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$110,425

INVESTMENT

$110,425

Down Payment
$98,750
Rehab Estimate
$5,750
Closing Costs
$5,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,372

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $98,750
Loan Amount $296,250
See What Happens When You Reinvest Cash Flow

7.58

YEARS SAVED

$38,785

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,130

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $2,271

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,895
1$1,8952$1,9953$2,1304$2,3505$2,700
$2,700
RENT COMPS ANALYSIS
  • 4210 N 150th Avenue Goodyear, AZ 3
    • 4 beds 4 baths ∙ 3,008 Sqft ∙ Built 2010 4 beds 4 baths ∙ 3,008 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $2,130
    • $0.71
    •  
  • 14641 W Clarendon Avenue Goodyear, AZ 1
    • 4 beds 4 baths ∙ 2,906 Sqft ∙ Built 2002 4 beds 4 baths ∙ 2,906 Sqft ∙ Built 2002
    LEASED 09/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.65
    •  
  • 15046 W Coolidge Street Goodyear, AZ 2
    • 4 beds 3 baths ∙ 3,068 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,068 Sqft ∙ Built 2007
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.65
    •  
  • 951 W Orchard Lane Litchfield Park, AZ 4
    • 4 beds 4 baths ∙ 2,927 Sqft ∙ Built 2005 4 beds 4 baths ∙ 2,927 Sqft ∙ Built 2005
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.80
    •  
  • 914 W Orchard Lane Litchfield Park, AZ 5
    • 4 beds 4 baths ∙ 2,927 Sqft ∙ Built 2005 4 beds 4 baths ∙ 2,927 Sqft ∙ Built 2005
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.92
    •  
PROPERTY LISTING DETAILS
Anne Shassetz
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187094
Last Updated: 01/29/2021
support@investimateroi.com

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.

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