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14531 S 178th Drive Goodyear, AZ 85338

4 Beds 3 Baths 2,731 sqft Built 2018

$527,900

List Price

$2,000

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $193.30
  • 2 Days on Market
  • MLS # : 6187555
  • Updated Date : 01/30/2021 at 08:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,731 sqft
  • Baths : 2 full , 1 half
Listing Agent

Rattler Realty, Llc

Listing Agent's Description

Beautiful New build home with mountain views,tile floors, high ceilings and neutral color palette. Spacious open floor plan for the kitchen, dining and family room is great for gathering with friends & family! The eat-in kitchen has an abundance of custom dark cabinets, gorgeous light quartz counters and back splash, large extended island, stainless steel electric cooktop, wall mount oven & microwave and a walk-in pantry. Beautiful formal dining room.Huge master bedroom and master bath that includes a split double vanity, tile & glass step-in shower, private toilet room and 2 walk-in closets. all bedrooms have walking closets,washer ,dryer and refrigerator included. nice low maintenance backyard so you can enjoy some time outside under the covered patio with mountain views .

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Coronado Village at Estrella Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $122k379k

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

Neighborhood: Coronado Village at 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
 

$475,110$580,690$527,900

PURCHASE PRICE

$1,800$2,200$2,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,000
EXPENSES Loan Payment -$1,834
Property Tax -$467
Property Insurance -$80
HOA -$37
Property Management Fees -$99
CASH FLOW
-$517

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.

$527,900

PROJECTED PRICE

$2,000

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 5.7%
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$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$145,644

INVESTMENT

$145,644

Down Payment
$131,975
Rehab Estimate
$5,750
Closing Costs
$7,919

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,834

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $131,975
Loan Amount $395,925
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$1,405

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,000

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $2,123

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,895
1$1,8952$1,9003$2,0004$2,0955$2,150
$2,150
RENT COMPS ANALYSIS
  • 14531 S 178th Drive Goodyear, AZ 3
    • 4 beds 3 baths ∙ 2,731 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,731 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.73
    •  
  • 18368 W Thunderhill Place Goodyear, AZ 1
    • 3 beds 3 baths ∙ 2,400 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,400 Sqft ∙ Built 2017
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.79
    •  
  • 18330 W Verdin Road Goodyear, AZ 2
    • 4 beds 2 baths ∙ 2,635 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,635 Sqft ∙ Built 2006
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.72
    •  
  • 14271 S 181st Drive Goodyear, AZ 4
    • 5 beds 3 baths ∙ 2,672 Sqft ∙ Built 2013 5 beds 3 baths ∙ 2,672 Sqft ∙ Built 2013
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.78
    •  
  • 18271 W Desert Trumpet Road Goodyear, AZ 5
    • 3 beds 3 baths ∙ 2,622 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,622 Sqft ∙ Built 2013
    LEASED 11/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.82
    •  
PROPERTY LISTING DETAILS
Sylvia Liszka
Rattler Realty, Llc
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6187555
Last Updated: 01/30/2021
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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