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10441 S Santa Fe Lane Goodyear, AZ 85338

3 Beds 3 Baths 2,201 sqft Built 1991

$368,888

List Price

$1,860

$1.7K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $167.60
  • 4 Days on Market
  • MLS # : 6205668
  • Updated Date : 03/13/2021 at 22:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,201 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty Executives

Listing Agent's Description

DON'T MISS SEEING THIS ONE-OF-A-KIND LAKEFRONT, CUL-DE-SAC PROPERTY WITH FABULOUS VIEW OF NORTH LAKE, AND FENCED POOL! OR, ENJOY ONE OF THE COMMUNITY POOLS WITH SLIDES, 72 ACRES OF LAKES FOR CATCH AND RELEASE FISHING AND SAILING, AND THE CHAMPIONSHIP GOLF COURSE NEARBY! SO MUCH TO DO ON YOUR PRIVATE ISLAND IN THIS ESTRELLA MOUNTAIN COMMUNITY. THIS HOME BOASTS OVER 2200 SQUARE FEET WITH SEPARATE LIVING/DINING AND FAMILY ROOMS. THE MASTER BEDROOM SUITE IS DOWNSTAIRS WITH ITS OWN PRIVATE EXIT TO THE POOL, LOFT HAS SEPERATE EXIT TO YOUR DECK OVEER LOOKING THE LAKE. KITCHEN ISLAND, SO MUCH MORE

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Estrella Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $122k358k

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

Neighborhood: Estrella Mountain Ranch

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
Estrella Foothills High School High Regular 1,037 43 5

Estrella Foothills High School

  • Education Level: High
  • # of students: 1,037
  • # of teachers: 43
5
GreatSchools Rating
 

$331,999$405,777$368,888

PURCHASE PRICE

$1,674$2,046$1,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,860
EXPENSES Loan Payment -$1,281
Property Tax -$300
Property Insurance -$70
HOA -$34
Property Management Fees -$99
CASH FLOW
$76

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.

$368,888

PROJECTED PRICE

$1,860

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 6.3%
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

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$103,505

INVESTMENT

$103,505

Down Payment
$92,222
Rehab Estimate
$5,750
Closing Costs
$5,533

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,281

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $92,222
Loan Amount $276,666
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$26,028

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,860

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $2,063

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,7953$1,8504$1,8605$2,395
$2,395
RENT COMPS ANALYSIS
  • 10441 S Santa Fe Lane Goodyear, AZ 4
    • 3 beds 3 baths ∙ 2,201 Sqft ∙ Built 1991 3 beds 3 baths ∙ 2,201 Sqft ∙ Built 1991
    • Rent
    • Rent Per SQFT
    •  
    • $1,860
    • $0.85
    •  
  • 18165 W Canyon Lane Goodyear, AZ 1
    • 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2001
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.91
    •  
  • 10460 S 182nd Drive Goodyear, AZ 2
    • 3 beds 2 baths ∙ 1,869 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,869 Sqft ∙ Built 2003
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.96
    •  
  • 10133 S 186th Avenue Goodyear, AZ 3
    • 3 beds 2 baths ∙ 2,183 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,183 Sqft ∙ Built 2002
    LEASED 11/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.85
    •  
  • 10967 S Dreamy Drive Goodyear, AZ 5
    • 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 1993
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.03
    •  
PROPERTY LISTING DETAILS
Brenda Ann Bruehl
Realty Executives
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6205668
Last Updated: 03/13/2021
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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