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15101 W Baden Street Goodyear, AZ 85338

4 Beds 3 Baths 2,476 sqft Built 2020

$519,900

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $209.98
  • 2 Days on Market
  • MLS # : 6203413
  • Updated Date : 03/06/2021 at 04:02
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,476 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Realty Professional Partners

Listing Agent's Description

NEW BUILD!!! NO Lottery or Build Time!!! Property has been lived in ONLY 4 months. The last of this popular and highly desirable Pelican Bay Floor Plan has been sold and the community is near close-out in Goodyear's PRIME location near I-10 and Estrella Pkwy. This VERY OPEN floor plan offers a Kitchen Island Off The Greatroom, LOTS NATURAL LIGHT With The 9 Foot Ceilings 2,476 sq ft, 4 Bedrooms, Open Study/Dining Room, 2.5 Baths, GE Appliances, Award Winning Indoor Air PLUS Package, Large Walk In Pantry, Quarts Kitchen Countertops, Large Covered Patio, Paver Driveway, Window Shutters, Ceiling Fans, Two Toned Paint, Large Pantry, 8 Foot Interior Doors, Tankless Gas Water Heater. TOO MANY upgrades to mention in this section. This is a PRIME LOT. A MUST SEE...LOCATION...LOCATION...LOCATION!!

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PRICE & RENT TRENDS

Neighborhood: Central Goodyear

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $96k302k

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

Neighborhood: Central Goodyear

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2105011001150120012501300135014001450150015501600Rent in $10181646

* 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
Desert Edge High School High Regular 1,744 80 3

Desert Edge High School

  • Education Level: High
  • # of students: 1,744
  • # of teachers: 80
3
GreatSchools Rating
 

$467,910$571,890$519,900

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,806
Property Tax -$347
Property Insurance -$75
HOA -$115
Property Management Fees -$99
CASH FLOW
-$332

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.

$519,900

PROJECTED PRICE

$2,110

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 6.2%
Maintenance Year (1-5) 3.00%
Vacancy 6.24%
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-$5.0k$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$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$139,774

INVESTMENT

$139,774

Down Payment
$129,975
Rehab Estimate
$2,000
Closing Costs
$7,799

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,806

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $129,975
Loan Amount $389,925
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$7,946

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
  • $2,080

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7003$1,8004$1,8955$2,100
$2,100
RENT COMPS ANALYSIS
  • 15101 W Baden Street Goodyear, AZ 1
    • 4 beds 3 baths ∙ 2,476 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,476 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 15786 W Mckinley Street Goodyear, AZ 2
    • 3 beds 2 baths ∙ 2,309 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,309 Sqft ∙ Built 2016
    LEASED 09/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.74
    •  
  • 15361 W Jefferson Street Goodyear, AZ 3
    • 4 beds 2 baths ∙ 2,171 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,171 Sqft ∙ Built 2004
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.83
    •  
  • 1682 N 144th Drive Goodyear, AZ 4
    • 3 beds 3 baths ∙ 2,208 Sqft ∙ Built 2012 3 beds 3 baths ∙ 2,208 Sqft ∙ Built 2012
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.86
    •  
  • 15794 W Mckinley Street Goodyear, AZ 5
    • 4 beds 2 baths ∙ 2,265 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,265 Sqft ∙ Built 2017
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.93
    •  
PROPERTY LISTING DETAILS
Joe Delgado
Keller Williams Realty Professional Partners
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6203413
Last Updated: 03/06/2021
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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