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12225 W Pioneer Street Tolleson, AZ 85353

5 Beds 3 Baths 2,794 sqft Built 2007

$340,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $121.69
  • 21 Days on Market
  • MLS # : 6168373
  • Updated Date : 12/26/2020 at 18:51
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,794 sqft
  • Baths : 2 full , 1 half
Listing Agent

Homesmart

Listing Agent's Description

LOCATION!! LOCATION!!. Very spacious 5 bedroom, 2.5 bathrooms. a must see!!. It won't last Long. TENANTS RIGHTS.

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
 

$306,000$374,000$340,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$1,254
Property Tax -$254
Property Insurance -$82
HOA -$55
Property Management Fees -$99
CASH FLOW
-$194

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.

$340,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.46%

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$10k

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$95,850

INVESTMENT

$95,850

Down Payment
$85,000
Rehab Estimate
$5,750
Closing Costs
$5,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $85,000
Loan Amount $255,000
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$8,067

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.55

    LIST RENT PER SQFT
  • $1,634

    COMP ESTIMATED VALUE
  • $0.59

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,5003$1,5504$1,7505$1,799
$1,799
RENT COMPS ANALYSIS
  • 12225 W Pioneer Street Tolleson, AZ 3
    • 5 beds 3 baths ∙ 2,794 Sqft ∙ Built 2007 5 beds 3 baths ∙ 2,794 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.55
    •  
  • 12201 W Calle Hermosa Lane Avondale, AZ 1
    • 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2009 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2009
    property image
    LEASED 06/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.55
    •  
  • 509 S 114th Avenue Avondale, AZ 2
    • 4 beds 3 baths ∙ 2,479 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,479 Sqft ∙ Built 2006
    property image
    LEASED 09/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.61
    •  
  • 12533 W Winslow Avenue Avondale, AZ 4
    • 4 beds 3 baths ∙ 3,143 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,143 Sqft ∙ Built 2007
    property image
    LEASED 12/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.56
    •  
  • 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
    property image
    LEASED 10/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,799
    • $0.62
    •  
PROPERTY LISTING DETAILS
Laura Garcia De Leon
Homesmart
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6168373
Last Updated: 12/26/2020
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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