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12169 W Pioneer Street Tolleson, AZ 85353

4 Beds 3 Baths 2,620 sqft Built 2018

$369,900

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $141.18
  • 2 Days on Market
  • MLS # : 6184819
  • Updated Date : 01/23/2021 at 01:46
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,620 sqft
  • Baths : 2 full , 1 half
Listing Agent

Superstars Realty

Listing Agent's Description

** DONT MISS OUT **Beautiful home on a corner lot in the desirable Cantada Ranch subdivision!! Downstairs features a bonus room to your left, as you come in to the home, it can be used as a bedroom or a home office. As you walk further in to your new home you are greeted with an open floor plan living room, dining room and kitchen with large white shaker cabinets and stainless steel appliances! Upstairs has four bedrooms and a HUGE loft! This home has plenty of space in the garage with THREE parking stalls and a roll up door to the backyard! The backyard is a blank slate for your imagination and has a covered patio to enjoy that perfect weather! Schedule a showing today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Cantada Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $83k274k

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

Neighborhood: Cantada Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8081567

* 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
Country Place Elementary School Primary Regular 941 50 3
Country Place Elementary School Middle Regular 941 50 3
La Joya Community High School High Regular 2,051 84 1

Country Place Elementary School

  • Education Level: Primary
  • # of students: 941
  • # of teachers: 50
3
GreatSchools Rating

Country Place Elementary School

  • Education Level: Middle
  • # of students: 941
  • # of teachers: 50
3
GreatSchools Rating

La Joya Community High School

  • Education Level: High
  • # of students: 2,051
  • # of teachers: 84
1
GreatSchools Rating
 

$332,910$406,890$369,900

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$1,285
Property Tax -$276
Property Insurance -$78
HOA -$55
Property Management Fees -$99
CASH FLOW
-$303

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

$1,490

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.2%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$103,774

INVESTMENT

$103,774

Down Payment
$92,475
Rehab Estimate
$5,750
Closing Costs
$5,549

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,285

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $92,475
Loan Amount $277,425
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$2,714

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
  • $1,696

    COMP ESTIMATED VALUE
  • $0.65

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5003$1,6204$1,6955$1,799
$1,799
RENT COMPS ANALYSIS
  • 12169 W Pioneer Street Tolleson, AZ 1
    • 4 beds 3 baths ∙ 2,620 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,620 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12234 W Pioneer Street Tolleson, AZ 2
    • 4 beds 2 baths ∙ 2,371 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,371 Sqft ∙ Built 2007
    LEASED 02/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.63
    •  
  • 2114 S 114th Avenue Avondale, AZ 3
    • 3 beds 3 baths ∙ 2,376 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,376 Sqft ∙ Built 2003
    LEASED 11/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,620
    • $0.68
    •  
  • 3417 S 121st Lane Tolleson, AZ 4
    • 5 beds 3 baths ∙ 2,573 Sqft ∙ Built 2007 5 beds 3 baths ∙ 2,573 Sqft ∙ Built 2007
    LEASED 07/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.66
    •  
  • 11582 W Cocopah Street Avondale, AZ 5
    • 5 beds 3 baths ∙ 2,902 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,902 Sqft ∙ Built 2004
    LEASED 10/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.62
    •  
PROPERTY LISTING DETAILS
Arthur Welch
Superstars Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6184819
Last Updated: 01/23/2021
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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