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15355 S 182nd Lane Goodyear, AZ 85338

3 Beds 2 Baths 2,106 sqft Built 2016

$449,900

List Price

$2,250

$2K - $2.5K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $213.63
  • 4 Days on Market
  • MLS # : 6178963
  • Updated Date : 01/16/2021 at 23:42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,106 sqft
  • Baths : 2 full
Listing Agent

Realty One Group

Listing Agent's Description

Welcome Home! This is a great opportunity to own a move-in ready home in the highly desired Estrella Mountain Ranch Community. Why wait for a new build when you can have better than new with this barely lived in 3 bedroom, 2 bath + den, home on a spacious 8000+ sqft lot. This home features upgrades in all of the right places. Upgraded granite throughout, built in surround sound, security system, 10 ft ceilings, 5'' baseboards, and large sliding glass door to your outdoor oasis which includes a beautiful refreshing pool, inviting spa with water feature, breathtaking mountain views, and outdoor kitchen with grill and smoker. These are just a few of the amazing features in this home. Enjoy 50+ miles of hiking & biking trails, 2 lakes, a waterpark, 2 gyms, 35+ parks and 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
Westar Elementary School Primary Regular 682 35 8
Westar Elementary School Middle Regular 682 35 8
Estrella Foothills High School High Regular 1,037 43 5

Westar Elementary School

  • Education Level: Primary
  • # of students: 682
  • # of teachers: 35
8
GreatSchools Rating

Westar Elementary School

  • Education Level: Middle
  • # of students: 682
  • # of teachers: 35
8
GreatSchools Rating

Estrella Foothills High School

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

$404,910$494,890$449,900

PURCHASE PRICE

$2,025$2,475$2,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,250
EXPENSES Loan Payment -$1,563
Property Tax -$398
Property Insurance -$68
HOA -$36
Property Management Fees -$99
CASH FLOW
$87

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.

$449,900

PROJECTED PRICE

$2,250

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$1.4M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

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$124,974

INVESTMENT

$124,974

Down Payment
$112,475
Rehab Estimate
$5,750
Closing Costs
$6,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,563

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $112,475
Loan Amount $337,425
See What Happens When You Reinvest Cash Flow

6.08

YEARS SAVED

$31,047

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,250

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $2,032

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8503$1,8704$1,9955$2,250
$2,250
RENT COMPS ANALYSIS
  • 15355 S 182nd Lane Goodyear, AZ 5
    • 3 beds 2 baths ∙ 2,106 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,106 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.07
    •  
  • 18526 W Desert Trumpet Road Goodyear, AZ 1
    • 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 2018
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.95
    •  
  • 17726 W Granite View Drive Goodyear, AZ 2
    • 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 2018
    LEASED 10/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.97
    •  
  • 18267 W Thunderhill Place Goodyear, AZ 3
    • 3 beds 2 baths ∙ 2,106 Sqft ∙ Built 2018 3 beds 2 baths ∙ 2,106 Sqft ∙ Built 2018
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,870
    • $0.89
    •  
  • 14142 S 177th Drive Goodyear, AZ 4
    • 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,907 Sqft ∙ Built 2019
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.05
    •  
PROPERTY LISTING DETAILS
Rhonda Watson
Realty One Group
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6178963
Last Updated: 01/16/2021
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. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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